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Hellenic Statistic Authority (EL.STAT)

Greek Economy Faired Worse Than Initially Thought in the Third Semester of 2015

Preliminary figures compiled and released by the Hellenic Statistical Authority (ELSTAT) reveal that the initial estimations of the performance of the third quarter were optimistic. Initial estimations reported that the Greek economy shrunk by 0.4% compared to third quarter of 2014. The...

Revision Shows Greek Recession at 7% in 2012

The first shock came after the revision of the predictions concerning the course of Greece’s economic recession during 2013 which stands at 3.9 percent instead of the initial estimation of 3.7 percent. However, this figure is still smaller than...

Greek Consumer Price Index falls 1.1 percent in February

  According to the Hellenic Statistical Authority’s (ELSTAT) data, the Greek Consumer Price Index (CPI) fell by 1.1 percent in February. In addition, the rate of the deflation has decreased compared to last month. Deflation, which hit its historical low last...

Increase in Masters and PhDs in Greece

There has been a great increase in the number of university students that acquire post-graduate studies in Greece. During the academic year 2012-2013, the number of the post-graduate students reached 60,268, for the first time surpassing 60,000. The number of...

Professions in Greece That Recovered From Recession

According to the Hellenic Statistic Authority (ELSTAT) and the Bank of Greece, 4 of 13 most essential sectors of the Greek economy have shown positive development after reeling 5 years of a deep and dramatic recession. In other words there...

Greek Average Annual Income Down 5.9 Percent in 2011

A reduction of 5.9 percent in the average annual income per capita has been reported for the year 2011. Average income in Greece dropped to 1,171 euros per month, according to data published by the Hellenic Statistical Authority (ELSTAT)...

Greek Traders: "Unemployment in Greece is Sky High"

According to the annual survey of the National Confederation of Hellenic Commerce (NCHC), Greek unemployment is one of the most pressing issues that the coalition government must deal with. Young people between the ages of 15-24 are most at...