The index in September 2024 recorded a decrease of 2.9% compared with August 2024.
On a year-to-year basis, the average inflation in Greece from November 2023 to October 2024 increased by 2.9%, compared to a 4.2% rise during the same period the previous year
According to recent data from the Hellenic Statistical Authority (ELSTAT), the General Index of Construction Material Prices for New Residential Buildings rose by 5.5%.
GDP at constant prices reached €196.984 billion in 2023, up from €192.495 billion in 2022, ELSTAT said
The largest decrease was recorded in the agriculture, forestry, and fishing sectors, at 4.4%. Retail trade also showed a decrease of 0.7%
These trends are largely attributed to a significant drop in energy prices, despite some fluctuations, along with a softening in food prices.
The total number of individuals without work in the country amounted to 444,402, marking a decrease of 90,496 persons in comparison with August 2023.
Total births in 2023 amounted to 71,455, a 6.1% drop compared to 2022, when there were 76,095 births
The concerning figures come in spite of the summer sales by retailers, as consumers are trying to make ends meet due to the rising cost of living.
The highest average annual expenditure was recorded in the Attica region, amounting to 23,325.96 euros, while the lowest was in Central Greece, at 14,052.24 euros.
Job vacancies have become a significant challenge for the Greek economy, as they continue to grow, halting the country’s economic growth.
Olive oil, a cooking staple in the country, recorded a whopping price hike of 49.1%
Despite the remarkable rise in road traffic incidents, casualties in June 2024 decreased by 3.1%
Based on the available seasonally adjusted data, the Gross Domestic Product in terms of volume increased by 1.1% in Q2 2024, compared to Q1 2024
The number of employed persons amounted to 4,229,548, up by 26,303 compared with July 2023 (0.6%) and down by 46,286 persons compared with June 2024 (-1.1%).
The Total Building Activity (private and public) in Greece, in May 2024, based on the issued building permits, amounted to 2,065.
This is an increase of 4.3% compared with the second quarter of 2023 when the respective turnover was 17.37 billion euros
Month-over-month, the General Index rose by 2.1% in June 2024 compared to May 2024, a notable jump from the 0.5% increase recorded in the same period of the previous year.
Food items continue to experience the largest annual changes, with olive oil surging by 56.7%, cereals up by 7.4%, fresh fish increasing by 8.4%, and mineral water/soft drinks rising by 8.6%.
The unemployed population dropped to 456,663, showing a significant decrease of 85,865 from June 2023 (-15.8%) and a reduction of 30,629 from May 2024 (-6.3%).