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Tag Archives: Eurostat

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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37.5% of Greece’s children are at risk of poverty, says Eurostat

Year in, year out since 2010, the number of children at risk of poverty is continuously increasing in Greece. With 37.5 percent, Greece is tops among members of the eurozone and third after Romania and Bulgaria within the European union. Four in 10 children aged up to 17 years old …

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35.6% of Greece’s population at risk of poverty or social exclusion

More than one third of the Greek population is at risk of poverty or social exclusion. We have been reading this since 2012, occasionally it is been officially confirmed by European statistics authorities like the Eurostat. In the first two years of bailout agreements, the rates were below 30%. But …

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Euro area unemployment 9% – Greece constantly high at 23.5%, youth 48%

The euro area (EA19) seasonally-adjusted unemployment rate was 9.5% in March 2017, stable compared to February 2017 and down from 10.2% in March 2016. This is the lowest rate recorded in the euro area since April 2009. The EU28 unemployment rate was 8.0% in March 2017, down from 8.1% in …

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Greece is the only EU country where minimum wage is lower than in 2008

Newly released Eurostat data on national minimum wages in the European Union have shown that while the minimum wage increased in all EU countries, in Greece it has decreased to level lower than in 2008. In ten countries, out of the 22 that have a national minimum wage, the amount …

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