The Greek Deal.com
ECONOMY
Industrial Production
Producer prices up 2.2% month-on-month in July
The general producer price index in industry (total domestic and external market) increased slightly by 0.1% in July 2024, compared to the corresponding index of July 2023, compared to a decrease of 8.6% in the corresponding comparison of the 2023 and 2022 indices.
RETAIL
Annual increase of 7.4% in Trade turnover boosted by department stores
The general index of the Retail Trade Turnover Index increased by 7.4% in June 2024 compared to the corresponding index of June 2023, the Hellenic Statistical Authority (ELSTAT) announced today.
EUROSTAT
Inflation in Greece at 3.1%
Inflation in Greece stood at 3.1% in August from 3% in July, according to Eurostat's preliminary data, while a notable drop was recorded in the eurozone, where it stood at 2.2% in August from 2.6% in July.
Attica Bank - PANCRETA
Approval of the merger by the BoG
The merger of Attica Bank and Pancreta through the absorption of Pancreta by Attica Bank was approved yesterday by the Bank of Greece.
Institute of the Association of Greek Tourism Enterprises
Tourist accommodation beds exceeded 1 million in the first half of the year
Steady growth is observed in the number of accommodations in 2024 compared to 2023. However, according to INSETE data, this trend is slowing in July, which may indicate a peak in demand.
Bank of Greece
Assets of insurance companies at 20.6 billion
The total asset value of insurance companies increased by €11 million compared to the previous quarter and stood at €20,599 million at the end of the second quarter of 2024, the Bank of Greece announced.
ELSTAT
New businesses up 17.1% in the second quarter
The number of new business registrations for all sectors of the economy in the second quarter of 2024 amounted to 31,489, according to ELSTAT.
ELSTAT
Unemployment at 9.9% in July
The unemployment rate remained below 10% for the second consecutive month in July, showing an increase compared to June, according to ELSTAT data.
Ministry of Finance
Additional incentives for mergers and investments in startups
Mr. Konstantinos Hatzidakis, Minister of Economy and Finance, included the package of interventions in the bill he presented to the cabinet yesterday.
Bank of Greece
Private sector deposits decreased by €607 million in July
Private sector deposits fell by €607 million in July, following an increase of €3.826 billion in the previous month, the Bank of Greece said today.
Kostis Hatzidakis
10.3% increase in VAT revenues due to the interconnection of cash registers with POS
VAT revenue in the first half of the year was 10.3 percent higher than the first half of 2023 and comes from growth and from the interconnection of POS with cash registers according to the Minister of National Economy and Finance Kostis Hatzidakis.