The 6.3% rise in May 2024 is largely driven by an 8.8% increase in the crop output group, particularly due to changes in olive oil prices, and a 0.5% increase in the animal output group.
The same price index had decreased 20.8% from May 2022 to May 2023
The drop in gross tonnage is for vessels 100 GRT and over, and is a continuation of the overall downward trend since January 2022
The average overall Industrial Production Index for the period from January to May 2024 recorded an increase of 5.8% compared with the average IPI of the period from January to May 2023.
Signs of reduced consumption were recorded in April, as it appears that ongoing and widespread inflation has created conditions for a downturn in retail.
The building permits for the Private Building Activity issued in Greece in March 2024 amounted to 3,728, corresponding to 864,988 m2 of surface and 3,248,483 m3 of volume
Meanwhile, the Production Index in Construction (IPC) in the 1st quarter of 2024 recorded an increase of 5.0%
The 15.7% surge in April 2024's output price index is primarily attributed to a substantial 23.7% hike in the crop output group, driven mainly by the price increases in olive oil and fruits.
Looking at the broader picture, the average index for the period from January to April 2024 showed a solid 5.3% rise compared to the same period in 2023.
Export values reached 4.467 billion euros, up from 4.019 billion euros in April 2023, marking an 11.1% rise.
Unemployment rates are highest among women, young people up to 24 years old, residents of the Ionian Islands, and those with only a few years of primary education.
The capacity fell by 3.5% in March 2024 compared to the same month in 2023.
Regionally, Thessaly experienced the highest increase in turnover in the first quarter of 2024 compared to the same period in 2023, with a 5.3% rise.
Olive oil (63.7%), fruit (11.6%), fish (10.6%), and mineral water (12.5%) registered the highest increases annually
Amid international uncertainty and armed conflicts in Gaza and Ukraine in 2023, Greek exports continued to decline, ending the year with an 8.5% drop
Additionally, the seasonally adjusted General Volume Index for Feb. 2024 experienced a 3.8% decrease compared to the previous month of the same year.
The provisional monthly data revealed that arrivals at tourist accommodations amounted to 773,104 and overnight stays were 1,677,685
Greek debt saw a slight dip to 356.7 billion euros by the end of 2023, down from 356.8 billion euros a year prior
Comparing Feb 2024 indices with their counterparts from Feb 2023, the sector of manufacturing other transport equipment registered the most substantial percentage increase.
Imports decreased by 1.1%, while exports saw a notable decrease of 11.4%, causing significant concern for the trajectory of the Greek economy.