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: Industrial output expands at fastest pace in six months in June
August 10, 2022
Industrial output rose 8.4% year on year in working-day adjusted terms in June (May: +3.6% yoy).
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Greece: Unemployment rate ticks down while labor force participation increases in May
July 28, 2022
May’s data pointed to a marginally improving labor market.
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Greece: Industrial output bounces back in May
July 8, 2022
Industrial output rose 3.2% year on year in working-day adjusted terms in May, which contrasted April's 4.8% decrease.
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Greece: Manufacturing PMI drops to over one-year low in June; conditions continue to improve
July 1, 2022
The S&P Global Manufacturing Purchasing Managers' Index (PMI) came in at 51.1 in June, down from May's 53.8.
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Greece: Industrial output contracts at sharpest pace since June 2020 in April
June 10, 2022
Industrial output declined 4.5% year on year in working-day adjusted terms in April, which contrasted March's 8.1% increase.