Greece’s inflation rate dropped in April to 3%, its lowest level since October 2021. At the same time, food inflation remained high at 11.4%, and it is anticipated that this trend will last at least through the end of the first half of the year.
STATISTICS
The European Court of Human Rights (ECHR) said on Tuesday that Greece had violated the right of Andreas Georgiou, the former head of the Hellenic Statistical Authority (ELSTAT), to a fair hearing, when a top local court denied his request to refer a legal question concerning his case to the EU Court of Justice.
Industrial turnover rose 16.7% in December for a 33.1% jump in 2022, Hellenic Statistical Authority said on Monday.
Turnover of all businesses in the Greek economy approached half a trillion euros in 2022, far exceeding the turnover of both 2021 and 2019, before the pandemic.
Total passenger traffic at the country’s airports jumped by 76.3% in January compared to the same month last year and 3.1% compared to 2019, according to data from the Civil Aviation Authority.
Greek annual inflation rate is projected to slow to 7.2% in January from 7.6% in December 2022, with the inflation rate in the eurozone projected to fall to 8.5% from 9.2% over the same months respectively, Eurostat said in its flash estimate report.
Greece’s jobless rate stood at 11.6% in December, unchanged from an upwardly revised 11.6% in November, data from statistics service ELSTAT showed on Wednesday.
The balance of employment flows in the Greek economy was positive in the January-October period despite a negative balance in October – a typical phenomenon related to the end of the summer tourism season, the Labor Ministry’s online employment register (Ergani) showed.
As expected, business turnover rose significantly in the second quarter of 2022 (April-May) as activity approached normal levels compared to last year.
After several months of continuous rise, annual inflation dropped slightly in July, to 11.6% from 12.1% in June, independent statistics authority ELSTAT announced Monday.
Greek inflation rate slowed to 11.6% in July from 12.1% in June and after an 1.4% reading in July 2021, Hellenic Statistical Authority said on Monday.
The trade deficit did not increase as steeply in June, but remains at very high levels, according to data released Friday by independent statistics authority ELSTAT.
Greek manufacturing activity declined in July, hit by faster contractions in production and new orders as high inflation took a toll on client demand, a survey showed on Monday.
The percentage of Greece’s population at risk of poverty or social exclusion was 28.3% (2,971,200 people) in 2021, an increase of 0.9% compared to 2020, according to data from the Hellenic Statistical Authority (ELSTAT).
Greece’s annual EU-harmonized inflation rose further to 11.6% in June year-on-year from 10.5% in May, data from the country’s statistics service ELSTAT showed on Friday.
Data on Greek producer price inflation in May, released by the country’s statistics service (ELSTAT) on Thursday.
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