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Athens in search of counter-measures to secure MPs' support for potential deal
PoliticsGreek PoliticsA trade-off between the fiscal measures being demanded by the institutions and steps aimed at lightening the burden on taxpayers appear to be the main focus of the Greek government at the moment.
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Greece in inflation for first time since Feb 2013 as CPI rises 1.2 pct in Jan
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) rose 1.2 percent in January after zero growth in December, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
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Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
EconomyMacroeconomyGreeces’ seasonally adjusted (SA) GDP fell by 0.4 percent quarter on quarter (QoQ) in the fourth quarter (Q4) of 2016, after an upward revised growth of 0.9 percent in the previous quarter, the Hellenic Statistical Authority (ELSTAT) flash estimates revealed on Tuesday.
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Building activity down 1.4 pct in November
EconomyMacroeconomyGreek building permits edged down 1.4 percent in November after dropping by 5.7 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
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Industrial production rises at slightly faster pace of 2.2 pct in Dec
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) increased by 2.2 percent in December after a downward revised growth of 2 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
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Unemployment rate stable at 23 pct in November
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment stayed stable at 23 percent in November, Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday.
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Car sales soar 22.8 pct in first month of 2017
EconomyMacroeconomyRoad motor vehicles (going into circulation for the first time) surged 22.8 percent in January after a double-digit drop of 19.8 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
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Trade deficit increases 4.8 pct in Dec and 4.5 pct in 2016 on rising imports
EconomyMacroeconomyGreece’s trade deficit increased at a faster pace of 4.8 percent in December from 1.2 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
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Retail sales rise at an accelerating pace of 1.8 pct in Nov
EconomyMacroeconomyThe turnover of Greece’s retail trade index increased at the higher pace of 1.8 percent in November, from an upward revised 1.4 percent growth in October, Hellenic Statistical Agency (ELSTAT) data displayed on Monday.
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Disposable income drops by 2.3 pct in Q3 on sharp rise in taxes
EconomyMacroeconomyGreek household disposable income fell for the eighth successive quarter in the third quarter (Q3) of 2016, when it decreased by 2.3 percent compared to a slight drop of 0.3 percent recorded in Q2, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday.