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ELSTAT
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EconomyMacroeconomy
Industrial Production growth slows to 1.6 pct YoY in Feb as electricity supply drops Greece’s Industrial Production Index (IPI) slowed down significantly in February, growing by 1.6 percent year-on-year (YoY), after a solid 10.2 percent rise in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.
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EconomyMacroeconomy
CPI accelerates again in March, rising by 3.2 pct YoY and 1.5 pct MoM The growth in Greece’s Consumer Price Index (CPI) increased marginally in March, with a rise of 3.2 percent year-on-year (YoY), after an increase of 2.9 percent in February, according to the data released on Wednesday by the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Trade deficit soars 34 pct YoY in Feb to over 3bln Greece’s trade deficit recorded a sharp rise of 34 percent year-on-year (YoY) in January, after a rise of 2.7 percent in January, according to data released by ELSTAT on Friday.
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Society
Inequality rises marginally in 2023, with 1.9 mln Greeks at risk of poverty The two main metrics of income inequality in Greece were released by ELSTAT in its 2023 survey on Wednesday, suggesting that the picture remained broadly stable, based on the 2022 income reference year, with small increase in both.
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EconomyMacroeconomy
Unemployment increases MoM in Feb, rising to 11 pct Greece’s seasonally adjusted (SA) unemployment rate moved further away from the 10 percent threshold in February, landing at 11 percent, from 10.6 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
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EconomyMacroeconomy
Retail sales back in contraction for Jan, as volumes fall by 8.9 pct Greece’s retail sales went into contraction in January, with a drop of 2.3 percent year-on-year (YoY), after upwards revised growth of 7.6 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
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EconomyMacroeconomy
Producer prices continue to slide, down by 4.3 pct YoY in Feb Greece’s Producer Price Index (PPI) completed a full year of contraction in February, dropping by 4.3 percent year-on-year (YoY), after falling by 7 percent in January, ELSTAT data showed on Friday.
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EconomyMacroeconomy
Small gains for building activity in Dec, up 7.1 pct in full 2023 Building permits only rose marginally in December, up by 0.6 percent year-on-year (YoY), after dropping by 1.2 percent year-on-year (YoY) in the previous month, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Thursday.
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EconomyMacroeconomy
Industrial turnover returns to growth in Jan with 3.2 pct YoY rise, falls sharply MoM Greece’s industrial turnover returned to growth in January, rising by 3.2 percent year-on-year (YoY) from a 7.1 percent decrease in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday.
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EconomyMacroeconomy
Wages index rises by 5.5 pct YoY in Q4, records first quarterly drop since Q3 2021 Greece’s seasonally adjusted (SA) Wages Index maintained a solid growth trend in Q4, rising by 5.5 percent year-on-year (YoY), thought it slowed down from an upwards revised 6.3 percent in the third quarter of 2023, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.