In December, the number of unemployed fell by 10,900 over the previous month according to the Hellenic Statistical Authority (EL.STAT.). The decrease followed the pervious month's drop of 5,200 in the number of unemployed. The unemployment rate did inch down from 27.6% in November to 27.5% in December (December 2012: 26.3%). The print more than doubled the Eurozone's average unemployment rate of 12.0% in the same month. FocusEconomics Consensus Forecast panelists expect unemployment to average 27.5% in 2014, which is unchanged from last month's forecast. For 2015, the panel expects the unemployment rate to average 27.7%.
Unemployment rate inches down in December
March 6, 2014
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Greece Unemployment Chart
Greece Economic News
October 10, 2016
In August, industrial production fell a working-day adjusted 0.3% compared to the same month last year, which contrasted the revised 4.7% expansion in July (previously reported: +4.1% year-on-year).
October 6, 2016
The number of unemployed fell by 5,357 in July, according to the Hellenic Statistical Authority (EL.STAT.).
October 3, 2016
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) deteriorated in September, erasing most of the gains made in August.
September 9, 2016
In July, industrial production rose a working-day adjusted 4.1% compared to the same month last year, which came in below the revised 7.9% expansion in June (previously reported: +7.5% year-on-year).
September 8, 2016
The number of unemployed fell by 6,800 in June, according to the Hellenic Statistical Authority (EL.STAT.).