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As base effect wears off, producer prices fall by just 0.1 pct in Mar
EconomyMacroeconomyGreece’s Producer Price Index (PPI) recorded only a marginal contraction in March, dropping by 0.1 percent year-on-year (YoY), after falling by 4.3 percent in February, ELSTAT data showed on Tuesday.
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Retail sales and volumes show worrying signs, turnover down 3.8 pct in Feb
EconomyMacroeconomyGreece’s retail sales went deeper into contraction in February, with a drop of 3.8 percent year-on-year (YoY), after an upwards revised decline of 3 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
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Building permits start year strongly with 15.1 pct rise in Jan
EconomyMacroeconomyBuilding permits started the new year strongly with a rise of 15.1 percent year-on-year (YoY), after a modest 0.6 percent increase in December, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday.
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Industrial turnover grows by 3.1 pct in Feb, led by mining and domestic market
EconomyMacroeconomyGreece’s industrial turnover remained in growth in February, rising by 3.1 percent year-on-year (YoY) from a 3.1 percent increase in January, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
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Current account records sharp deficit of 3.16 bln in Feb as goods balance deteriorates
EconomyMacroeconomyGreece’s current account recorded a deficit of 3.16 billion euros in February, from a surplus of 1.7 billion euros in January, Bank of Greece (BoG) data showed on Friday.
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Import price drop slows further to 2.8 pct in Feb
EconomyMacroeconomyGreece’s import price index remained in contraction in February, falling by 2.8 percent year-on-year (YoY), after dropping by 6.4 percent in January, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
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Car sales contract in March, up 4 pct YoY in Q1
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time contracted by 9.2 percent year-on-year (YoY) in March, after a strong growth rate of 21.2 percent in February, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.
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Industrial Production growth slows to 1.6 pct YoY in Feb as electricity supply drops
EconomyMacroeconomyGreece’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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CPI accelerates again in March, rising by 3.2 pct YoY and 1.5 pct MoM
EconomyMacroeconomyThe 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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Trade deficit soars 34 pct YoY in Feb to over 3bln
EconomyMacroeconomyGreece’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.