Hellenic Statistical Authority

February offered a 1.2% annual increase in tourist arrivals in hotel accommodation, rental rooms and camping and a 1.6% growth compared to the corresponding month last year, according to provisional data by the Hellenic Statistical Authority (ELSTAT) released on Tuesday.

In February 2024, arrivals at tourist accommodation amounted to 773,104 and overnight stays to 1,677,685.

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.

The Greek unemployment rate fell to 11% of the workforce in February 2024 against 11.2% in February 2023, the Hellenic Statistical Authority (ELSTAT) said on Monday.

The number of unemployed people totaled 524,428, down 0.1% from February 2023.

The aggregated data from the Bank of Greece and the Hellenic Statistical Authority

A new economic reality has emerged in the Greek housing market amid the prolonged financial crisis, with a notable portion of the nation's residential inventory now under the ownership of institutional or foreign investors. This trend is underscored by statistical data, revealing an 11.3% decline in homeownership rates from 2005 to 2021.

The Overall Turnover Index in Industry rose 3.2% in January 2024 compared with the corresponding index of January 2023, according to the Hellenic Statistical Authority (ELSTAT).

The Overall Turnover Index in Industry in January 2023 increased by 19.8% compared with the corresponding index in January 2022, ELSTAT said on Wednesday. 

The percentage of motorcyclists that died in road accidents in Greece in 2023 was particularly high (38%) compared to the rest of Europe, where the average is 18%, according to the Hellenic Statistical Authority (ELSTAT).

Turnover in Greece's businesses that provide accommodation showed an 11.9% growth year-on-year in January, amounting to 94,097,348 euros, compared to €84,061,799 in January 2023, according to the Hellenic Statistical Authority.

This is likely the effect of the expansion of the Greek tourism season, as the country aspires to become a 12-month destination.

Inflation in Greece stood at 2.9% last month, down from 3.1% in January 2024, while the slowdown of food price growth was even greater, data from the Hellenic Statistical Authority (ELSTAT), released on Friday, showed.

Food inflation dropped to 6.7% in February (on an annual basis) from 8.3% in January 2024.

Inflation in Greece eased to a 2.9% rate in February, from 3.1% in January, while prices in the food category increased on an annual basis by 6.7%, slowing down from the previous month's 8.3% rate, the Hellenic Statistical Authority announced on Friday.