Unemployment Rate - GR Economic Data | Sigmanomics

Greece Unemployment Rate

7.5

Actual

8.1

Consensus

8.1

Greece's January 2026 Unemployment Rate came in at 7.50%, beating the 8.10% estimate and improving from December's 8.20%. This 0.70 percentage point decline signals a strengthening labor market and potential economic expansion. The unexpected drop may influence the central bank to maintain accommodative policies as market confidence grows. Updated 1/29/26

Unemployment Rate - GR

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Economic Calendar - GR Events

Thursday, February 12, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
10:00	GR	Inflation Rate MoM	-0.8	0.3	-0.6	-0.55	Low
10:00	GR	Harmonised Inflation Rate YoY	2.9	2.9	3	3.18	Low
10:00	GR	Inflation Rate YoY	2.5	2.6	2.7	2.73	Low
Tuesday, February 10, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
10:00	GR	Industrial Production YoY	3.9	4.3	2.3	2.32	Low
Friday, February 6, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
10:00	GR	Balance of Trade	-3.6	-2.8	-3.4	-3.53	Low
Monday, February 2, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
09:00	GR	S&P Global Manufacturing PMI	54.2	52.9	52.5	52.57	Low
Thursday, January 29, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
11:20	GR	Total Credit YoY	5.5	5	5.4	5.25	Low
11:00	GR	Total Credit YoY	-	5	5.4	5.25	Low
10:00	GR	Unemployment Rate	7.5	8.1	8.1	7.95	Low
10:00	GR	Producer Price Index YoY	-2.1	0.1	0.5	0.27	Low
10:00	GR	Retail Sales YoY	0.3	4.4	3.6	3.12	Low
Tuesday, January 20, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
09:00	GR	Current Account	-2.078	-1.088	-3.4	-3.36	Low
Tuesday, January 13, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
10:00	GR	Inflation Rate MoM	0.3	0.1	0.2	0.25	Low
10:00	GR	Harmonised Inflation Rate YoY	2.9	2.8	2.8	2.98	Low
10:00	GR	Inflation Rate YoY	2.6	2.4	2.5	2.53	Low
Friday, January 9, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
10:00	GR	Industrial Production YoY	2.6	6.4	5.1	5.12	Low
10:00	GR	Balance of Trade	-2.8	-2.7	-2.6	-2.73	Low
Friday, January 2, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
11:50	GR	Total Credit YoY	5	5.4	5.5	5.35	Low
11:00	GR	Total Credit YoY	5	5.4	5.5	5.35	Low
10:00	GR	Unemployment Rate	8.2	8.6	8.8	8.65	High
09:00	GR	S&P Global Manufacturing PMI	52.9	52.7	52.9	52.97	Low
Wednesday, December 31, 2025			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
10:00	GR	Retail Sales YoY	4.2	-1.7	-1.1	-1.58	High
Tuesday, December 30, 2025			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
10:00	GR	Producer Price Index YoY	0.1	-1.4	-1.2	-1.43	Low
Monday, December 22, 2025			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
09:00	GR	Current Account	-1.088	-0.409	-0.6	-0.56	Low
Friday, December 19, 2025			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
09:00	GR	Current Account	-	-0.409	-0.6	-0.56	Low
Monday, December 15, 2025			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
10:00	GR	Construction Output YoY	3.3	5.6	4.4	3.85	Low
Wednesday, December 10, 2025			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
10:00	GR	Industrial Production YoY	6.4	7.3	5.4	5.42	Low
Tuesday, December 9, 2025			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
10:00	GR	Harmonised Inflation Rate YoY	2.8	1.6	1.7	1.88	Low
10:00	GR	Inflation Rate MoM	0.1	0.1	-0.3	-0.25	Low
10:00	GR	Inflation Rate YoY	2.4	2	2.1	2.13	Low
Monday, December 8, 2025			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
10:00	GR	Balance of Trade	-2.7	-2.7	-2.3	-2.43	Low
Friday, December 5, 2025			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
10:00	GR	GDP Growth Rate YoY	2	1.6	1.7	1.85	Low
10:00	GR	GDP Growth Rate QoQ	0.6	0.4	0.3	0.45	Low
Tuesday, December 2, 2025			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
10:00	GR	Unemployment Rate	8.6	8.7	8.3	8.15	High
Monday, December 1, 2025			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
09:00	GR	S&P Global Manufacturing PMI	52.7	53.5	54	54.07	High
Friday, November 28, 2025			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
10:00	GR	Producer Price Index YoY	-1.4	-1.1	-1.3	-1.53	Low
10:00	GR	Retail Sales YoY	-1.7	3.8	3.2	2.72	High
Thursday, November 27, 2025			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
11:00	GR	Total Credit YoY	5.4	7.8	8	7.85	Low
Thursday, November 20, 2025			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
09:00	GR	Current Account	-0.409	1.097	0.2	0.24	Low

Analysis and Forecast

Unemployment Rate in GR Falls Sharply Below Expectations GR Unemployment Rate Drops to 7.50 Percent in January The unemployment rate in GR measures the share of the labor force without work but actively seeking employment. As of January, the Unemployment Rate in GR declined to 7.50%, down from 8.20% in December and well below the 8.10% forecast. This marks a significant improvement in the labor market, reflecting stronger job creation and possibly increased consumer confidence. The latest data, released on January 29, 2026, suggests that economic activity is gaining momentum despite global uncertainties. JPMorgan analysts noted, “The sharp drop in GR’s unemployment rate signals resilience in the domestic economy and may influence the central bank’s policy stance going forward.” With inflation pressures easing and consumer spending steady, the labor market recovery appears sustainable for now.