Greece's Overall PPI in industry decreased 7.1% y-o-y January-December 2023, against a 35% y-o-y increase posted January-December 2022
Meanwhile, the primary surplus at the end of the third quarter amounted to €3.31 billion, based on ELSTAT data, according to ESA (European System of National and Regional Accounts).
However, in terms of percentage, the Regional Unit of the island of Ikaria was the standout performer, as it presented a remarkable increase in the cumulative turnover (accommodations and catering) in November by an astonishing 221.8%!
This data confirms recent figures released by the European Statistical Authority (Eurostat), according to which inflation saw a spike in both Greece and the Eurozone as a whole in December
The index of other manufacturing activities experienced the largest percentage decrease, while the index of the sector manufacturing electronic computers, electronic and optical products marked the highest percentage increase in November 2023 compared to October 2023.
The number of unemployed stood at 429,806, indicating a fall of 130,997 individuals compared to November 2022 (23.4%) and a decrease of 12,156 individuals compared to October 2023 (2.8%).
Clothing, shoes, toys, personal beauty products and electronic devices large and small seemed to be the most popular choices for yet another year according to the authority
According to ELSTAT (Hellenic Statistical Authority), this reduction in the production cost of domestic industries can be attributed to a 9% decrease in the domestic market producer price index (with the food industry index increasing by 2.5%).
The survey findings revealed that out of the 41,848 businesses with internet access, 25,020 (59.8%) use at least one of the social media platforms
This development can be primarily attributed to a significant decrease in the prices of natural gas (-53.2%) and fuels-lubricants
In terms of volume, ELSTAT data indicated a marginal 0.02 percentile upward tick in the 3rd quarter of 2023, in comparison to the previous quarter of the same year