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Tag Archives: Eurostat

Eurostat: Eurozone inflation at 2.3% in November, 3% in Greece

Euro area annual inflation is expected to be 2.3% in November 2024, up from 2.0% in October according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, services is expected to have the highest annual rate in …

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Greece has third lowest wages in the EU, Eurostat shows

The average full-time adjusted salary in Greece for 2023 was €17,000, according to data released by Eurostat, the EU’s statistics agency, on Thursday. This places Greece third from the bottom, with only Bulgaria (€13,500) and Hungary (€16,900) reporting lower figures. The highest average annual full-time adjusted salary was recorded in …

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Greek debt revised upwards due to EUROSTAT different calculation method

The amount of the Greek debt is revised upwards at around 12-12.5 billion euros and even retroactively since 2012. This is due to the application of the new framework of rules, as the Eurostat imposes the inclusion of deferred interest, the amount of which is estimated at approximately 12-12.5 billion …

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Inflation in Greece to fall to 7.2% in January, Eurostat says

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. The report said that energy will continue …

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Inflation in Greece climbs to 12% in June, says EUROSTAT

Inflation in Greece jumped to 12% in June, the European statistics authority ELSTAT said on Friday The Eurozone’s annual inflation rate jumped to 8.6% in June from 8.1% in May, according to a flash estimate by Eurostat released on Friday. The EU’s statistics service, in a monthly report, said that …

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Inflation in Greece jumped to 8% in March, says EUROSTAT

Inflation in Greece jumped to 8% in March, year-on-year, according to preliminary data released on Friday by Eurostat, the statistical office of the European Union. Euro area annual inflation is expected to be 7.5% in March 2022, up from 5.9% in February. Looking at the main components of eurozone inflation, …

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January Inflation in Greece at 5.5% warns the Eurostat

With 5.5% in the European Union harmonized index, inflation in Greece can break a record after 11 years, the Eurostat announced on Wednesday, predicting a further rise in the weeks to come and the wave of price hikes is growing without stop. The Eurostat predicts that inflation will reach 5.5% …

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Greece records largest drop in property prices in EU during last 12 years

Greece recorded the largest drop in property prices and rents within the European Union  between 2007 and the third quarter of 2019, data from the European Statistics Authority the Eurostat, has shown. The largest drops in house prices were observed in Greece (-40.0%), Romania (-27.2%) and Ireland (-16.7%). Regarding prices …

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Unemployment in Greece decreased to 18.1% but youth joblessness up to 40.4%

The rate of long-term unemployment in Greece has decreased to 12.5% of the unemployed workforce in the first quarter of 2019, when compared to 13.6.% in 2018 and 15.6% in 2017, the Bank of Greece said in its Monetary Policy Report on Monday. This development is important because, as the …

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Food prices in Greece 5.2% higher than EU average, telecommunication 57.6%

Food prices in Greece are above the European Union average,the European Statistics agency Eurostat said in its 2018 report. Furthermore, the country is the most expensive among the EU-28 in telecommunications, including internet connections and telecom equipment. Alcoholic beverages and tobacco prices in Greece are 3.8% lower than the European …

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Greece’s debt climbed to 181.1% of GDP in 2018, says Eurostat

Greece’s debt climbed to 181.1 percent of GDP in 2018, the largest ratio in the euro zone, EU’s statistics authority Eurostat said on Tuesday. Public debt in Greece and Italy, the two most indebted countries of the euro zone, grew last year while the bloc as a whole recorded an …

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Unemployment in Greece falls to 18% but still the highest in EU

Unemployment in Greece fell to 18% in December 2018, the European Statistics Authority Eurostat announced on Monday. Greece’s rate is the highest in the European Union and the Eurozone area. Unemployment rate among young people (aged below 25 years) rose slightly to 39.5% in December from 39.4% in November. Unemployment …

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One in four Greeks cannot afford to heat their home, finds Eurostat survey

One in four Greeks cannot afford to heat their home sufficiently, the Eurostat announced following data collected as part of the annual EU survey 2017 on income and living conditions in the bloc. Based on the report, 25.7% of Greeks said they were not able to keep their home adequately …

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Annual inflation in Greece hits 1.0 percent in June

Price hikes in food, fuel, services and other essential goods drove the annual inflation rate in Greece to 1.0 percent in June 2018, from 0.8 percent in May, the Greek Statistics Authority and the Eurostat that uses the ELSTAT data said. According to ELSTAT statement, inflation rate rose 1% between …

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