Exchange Rate in Greece

Greece - Exchange Rate
Output growth was likely resilient in the first quarter of this year. The services sector benefited from an improving labor market and reduced Covid restrictions while industrial output grew at the fastest pace in 16 months in March. That said, the manufacturing PMI dipped to an 11-month low in March, as the fallout from the Russia-Ukraine war hit sentiment. Moreover, consumer confidence worsened during the quarter amid soaring prices, which could have limited private consumption. In Q2, the economy is likely losing steam. In April, consumer confidence continued to worsen and inflation rose to the highest level in 27 years, which is likely tempering private spending. However, the manufacturing PMI improved slightly in April. Meanwhile, in early May, Greece removed virtually all remaining Covid-19 restrictions, which should help spur the tourism industry heading into the summer season.Greece - Exchange Rate Data
2015 | 2016 | 2017 | 2018 | 2019 | |
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Exchange Rate (vs USD) | - | - | - | - | - |
Greece Exchange Rate Chart

Source: Thomson Reuters.
Greece Facts
Value | Change | Date | |
---|---|---|---|
Bond Yield | 1.91 | 0.76 % | Jan 01 |
Exchange Rate | 1.12 | 0.65 % | Dec 31 |
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Economic News
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Greece: Harmonized inflation drops to lowest level since February in December
January 18, 2023
Harmonized inflation came in at 7.6% in December, down from November’s 8.8%.
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Greece: Decline in industrial activity softens in November
January 10, 2023
Industrial output dropped 0.9% year on year in working-day adjusted terms in November, which was above October's 2.7% decrease.
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Greece: Unemployment declines to over twelve year low in November
January 10, 2023
November’s data pointed to an improvement in the labor market.
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Greece: Manufacturing PMI records worst reading since December 2020 in December 2022
January 2, 2023
The S&P Global Manufacturing Purchasing Managers' Index (PMI) came in at 47.2 in December, down from November's 48.4.
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Greece: Harmonized inflation declines to lowest level since March in November
December 19, 2022
Harmonized inflation eased to 8.8% in November from October’s 9.5%.