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Inflation climbed to 3.2% in March
The national inflation rate in Greece amounted to 3.2% in March climbing from 2.9% in February, the Hellenic Statistical Authority (ELSTAT) reported on Wednesday.
ELSTAT's data confirm the rising inflation picture shown by Eurostat's statistics, according to which European Union-harmonized inflation rose in Greece to 3.4% in March, from 3.1% in February.
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Inflation rises steeply in July
The annual pace of inflation jumped to 2.5% in July from 1.8% in June, independent statistics agency ELSTAT announced Thursday.
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Upward revision of outlook
The Foundation for Economic and Industrial Research (IOBE) has upwardly revised its forecast for Greece's growth in 2023 to 2.4%, from 1.4% three months ago, following a general trend after statistical agency ELSTAT's positive data for a growth rate of 5.9% in 2022.
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Jobless rate jumps to 11.4%
The unemployment rate jumped to 11.4% in February from 10.3% in January, data from Greece's independent Statistics Authority (ELSTAT) show.
Experts say the jump can be attributed to layoffs of many temporary workers employed during the winter tourist season.
The jobless rate is still lower than than recorded in February 2022 (13%).
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Deaths in Greece up by 13.55% in the first four months of 2022
According to ELSTAT, an increase of 8,261 deaths (18.9%) occurred compared to the average of the first 17 weeks of the years 2016-2021
The strength of the merchant fleet increased by 0.3%
The Hellenic Statistical Authority (ELSTAT) announced data on the Greek Merchant Fleet (for vessels of 100 GRT1) for November 2021. Particularly:
The Greek Merchant Fleet increased by 0.3% in November 2021 compared with November 2020. A decrease of 2.6%
was recorded in November 2020 compared with November 2019 (Table 1).
Energy crisis – Price increases in products due to rising electricity prices
The market is facing a new round of price hikes, as everything shows, with companies declaring themselves unable to contain rising production costs.
The energy crisis is triggering another "wave" of prices rises, causing consumer dissatisfaction, and causing a reduction in purchases to what is absolutely necessary, while many are buying cheaper, lower nutritional value products.
ELSTAT – Steep rise of 16.2% for the Greek economy in Q2
Strong GDP growth of 16.2% in the second quarter compared to 2020, following in the footsteps of the rest of the eurozone economies.
Smoking-obsessed Greece sees number of smokers decline
According to ELSTAT, there was a 50+ drop of smokers compared to a decade ago
Greece posts growth of just 1.3 pct in Q1
Greece's economy grew by just 1.3 percent in the first quarter of the year compared with the same three-month period in 2018, when growth came to 2.6 percent, figures published on Tuesday by the country's statistical agency ELSTAT have shown.
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