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CPI falls by 2 pct YoY in September
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 2 percent year-on-year (YoY) in September compared... for September rose by 2 percent compared to August. The CPI remains at its lowest rate since July 2015 when... in transport. This was followed by housing (-6 percent) and communication (-2.4 percent). Increases were noted
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General gov't cash surplus widened to 2 bln in January
EconomyMacroeconomyThe Greek general government (gg) cash surplus in January widened by 32.5 percent to 2 billion euros from 1.51 billion last year, according to the gg bulletin released by the Ministry of Finance... billion in 2013 mainly reflecting payments of previous year’s arrears of 6 billion. Our understanding
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Industrial turnover grows by 5.7 pct YoY in Dec - 2024 rise at 2 pct
EconomyMacroeconomy2024, the industrial turnover was up by 2 percent. Manufacturing revenue was up by 5.5 percent... territory for the fifth consecutive month, rising to 6 points, from 1.8 points in the previous month. Since
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Growth of industrial production moderates to 2 pct YoY in Jan
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) slowed in January with a 2 percent year-on-year (YoY) rise, after a 5.8 percent increase in the previous month, according to Hellenic Statistical Authority... for February, industry confidence stayed in positive territory, though it dropped to 4 points, from 6 points
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OECD sees stable growth path of 2 pct in 2025, long-term challenges persist
EconomyMacroeconomygrowth is projected to remain resilient at 2 pct in 2025 and 2.1 pct in 2026, supported by higher... and public servants. The minimum wage was increased by 6 pct in April 2025 and will rise cumulatively by 8
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Greek trade deficit up 6 pct in April despite growth in exports
EconomyMacroeconomyGreece’s trade deficit increased for the second successive month in April, when it rose by 6... and imports by 5.9 and 6 percent respectively. In particular, exports advanced for the second... by 1.8 percent compared to a rise of 6 percent for the headline figure. It is noteworthy that in US
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Where is Odysseus? Part 6 - Potential real GDP
Agoraby the Greek government.[2] Our more-modest real GDP outlook for the long run is quite below that of the EU... productivity improvements must be pushed up mathematically, even to over 2 percent a year around the 2040s... these two diverging growth outlooks. Figure 2 graphs the comparison between the real GDP potential
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Growth in accommodation and food services turnover slows to 6 pct in Q1
EconomyMacroeconomyThe Turnover Index in Accommodation and Food Services grew for the eighth successive quarter in Q1 2015, albeit at a slower pace of 6 percent from 22.2 percent in Q4 2014, according to Hellenic Statistical Authority (ELSTAT). In comparison, the respective index soared by 44.9 percent in Q1 2014
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Final budget data for 2021 affirms revenue overperformance, primary balance below 6 pct of GDP
EconomyMacroeconomy. At that level of economic activity last year, the primary balance landed at less then 6 pct of GDP
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Public debt jumps by more than 6 bln in Q1, nearing 395 bln in total
EconomyMacroeconomyGreece’s central government debt increased by more than 6 billion euros in the first quarter of 2022 to 394.55 billion euros, from 388.34 billion euros in the final quarter of last year, the Finance Ministry's (MoF) debt bulletin showed on Thursday. The current QoQ change is the tenth consecutive
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