Tagged: ELSTAT

ELSTAT figures show economic recovery in third quarter

The Greek statistics authority ELSTAT has published the provisional data on the gross domestic product for the third semester of 2016. The latest data shows that the GDP increased by 1.8% on an annual basis and a 0.8% on a quarterly basis. As such, the economy appears to have grown by 0.1% in the first […]

ELSTAT: Rate of unemployment 23.4% in August

The Greek statistics authority ELSTAT has published its latest figures regarding the labor force in August and found that the seasonally adjusted unemployment rate in August 2016 was 23.4% compared to 24.6% in August 2015 and the upward revised 23.3% in July 2016. The number of employed amounted to 3,687,465 persons. The number of unemployed […]

ELSTAT: Public debt increases to €315bn in second half of 2016

The Greek statistics authority ELSTAT has published its latest figures of the quarterly non-financial accounts of General Government for the second quarter of 2016, according to which the country’s public debt increased to 315.29 billion euros, from 301.26 billion euros last year. The quarterly non-financial accounts of General Government provide information on the aggregates constituting […]

ELSTAT: Debt reaches 315bln in 2nd quarter

Greek general government revenues from income and property taxes amounted to 5.244 billion euros (or 25.4 pct of total revenues) in the second quarter of 2016, down from 5.301 billion (26.9 pct of total) in the corresponding period last year, Hellenic Statistical Authority (ELSTAT) reported on Monday. The report said that taxes on production and […]

ELSTAT: Industrial production reduced by 0.3% in August

The Greek statistics authority ELSTAT has published its latest figures on the production index in industry (IPI) and found that in August 2016 it retreated by 0.3%, compared to August 2015. The IPI’s annual rate of change in August 2015 was 4.2%. In the 8-month period between January and August 2016, according to working day […]

ELSTAT documents major drop in construction in June

The Greek statistics authority ELSTAT has published its latest provisional figures for June on building activity in Greece and found a 22.1% decrease in the number of building permits, a 15.3% decrease in surface and a 22.7% decrease in volume, compared with the corresponding month of 2015. According to ELSTAT’s figures the building permits for […]

Jobless rate slightly improves in July, falling to 23.4%

Unemployment dropped slightly in July 2016, compared to the previous month, standing at 23.4 percent, improved from 24.9 percent in June 2016. According to the Greek statistical service, EL.STAT, the number of employed people in the country of 11 million reached 3.674 million, with 1.124 classified as officially jobless.

ELSTAT documents sharp rise in imports and arrivals in July

The Greek statistics authority ELSTAT has published its latest figures on commercial transactions and found that the total value of imports-arrivals in July 2016 amounted to 3593.6 million euros, which is 18.2% more than July 2015 when it amounted to 3040.5 million euros. The corresponding change excluding oil products recorded an increase of 600 million […]

ELSTAT documents sharp rise in imports and arrivals in July

The Greek statistics authority ELSTAT has published its latest figures on commercial transactions and found that the total value of imports-arrivals in July 2016 amounted to 3593.6 million euros, which is 18.2% more than July 2015 when it amounted to 3040.5 million euros. The corresponding change excluding oil products recorded an increase of 600 million […]

IMF shares the European Commission ‘concerns’ on ELSTAT

The spokesperson for the International Monetary Fund Gerry Rice revealed that the IMF’s head for the mission to Greece Delia Velculescu is expected to return to Athens in mid September, possibly on the 12th. According to the IMF spokesperson the visit is for the regular Article IV Consultation held for all IMF member-states and is […]

ELSTAT: Turnover in retail trade drops by 3.6% in June

The Greek statistics authority ELSTAT has published its latest figures on the turnover index in retail trade for June 2016. According to ELSTAT’s figure the overall turnover index in retail trade in June 2016 shrunk by 5.2% compared to the corresponding index of June 2015, while compared with the corresponding index of May 2016 recorded […]

ELSTAT: Overall Producer Price Index in Industry drops 7.3%

The Greek statistics authority ELSTAT has published its latest figures and tables on the Overall Producer Price Index in Industry, which dropped by 7.3% in July 2016, compared to July 2015 and 1.2% compared to June 2016. The 7.3% reduction on an annual reduction has been attributed to the PPI of the Domestic Market decreased […]

ELSTAT: 0.9% GDP recession during first half of 2016

The Greek statistics authority ELSTAT has published its provisional tables and figures on the Gross Domestic Product (GDP) for the second quarter of 2016. According to ELSTAT’s figures, there was a 0.9% rate of recession in the second quarter, followed by a 1% rate of recession in the first quarter. Initial predictions suggested a 0.7% […]

Eurogroup to discuss referral of former ELSTAT chief Georgiou

The referral of former ELSTAT chief Andreas Georgiou by Greek authorities for allegedly inflating the Greek budget deficit during his tenure could potentially cause problems to the upcoming second review of the Greek bailout program. In an interview for Ta Nea, the European Commissioner for Employment, Social Affairs, Skills and Labor Mobility Marianne Thyssen stated […]

Papangelopoulos: Commission’s letter violates Greek constitution

The Alternate Minister for Corruption Issues Dimitris Papangelopoulos responded with a written statement to the European Commission’s commentary ον the referral of former ELSTAT chief Andreas Georgiou. Mr. Papangelopoulos underlined that the Commission is essentially asking the Greek government to interfere with Justice in favor of Mr. Georgiou, while stressing that this violates the Greek […]

Latest ‘Greek statistics’ furor dates to controversial 2009 budget deficit

An investigation and subsequent indictment against the former head of Greece’s statistical bureau, EL.STAT, began in the wake of allegations by former top cadres at the semi-autonomous organization, who claimed that figures for the 2009 budget deficit were unduly inflated. An out-of-control annual deficit, as a percentage of GDP, was one of the primary reasons […]

FAZ: Former ELSTAT chief a scapegoat

The trial of the former head of the Hellenic Statistical Authority (ELSTAT), Andreas Georgiou, is nothing but a political trial aiming to create a scapegoat, according to German newspaper Frankfurter Allgemeine Zeitung Friday. “Athens need a guilty party for the crisis of recent years and now a prosecutor is initiating procedures against Andreas Georgiou,” the […]

Greek economy contracts in first 6-month term of 2016

The Greek economy remained in recession for the second 6-month term of 2016 , according to the official data released by the Greek Statistical Services (ELSTAT). The report showed the Greek economy contorted by a further 0.7% compared top to 2015. A cause of optimism was the fact that there was a 0.3% rise in […]

ELSTAT: Unemployment drops to 23.5% at start of tourist season

The Greek statistics authorityELSTAT has published its latest survey on the labor force, which shows that the seasonally adjusted unemployment rate for May 2016 amounted to 23.5%, compared to 25.0% in May 2015 and the upward revised 23.5% in April 2016. Overall the number of employed amounted to 3,653,788 persons, the unemployed amounted to 1,123,496 […]

ELSTAT: Rate of unemployement retreats to 23.3% in April

The Greek statistics authority ELSTAT has published its latest seasonally adjusted figures on employment for April 2016 and found that the rated dropped to 23.3%, from 23.7% in March 2016 and 25.3% in April 2015. ELSTAT’s survey shows that the number of employed amounted to 3,676,880 persons, the unemployed to 1,115,443 persons and the inactive […]