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Credit expands by 1.3 pct in Dec as loan balances drop by more than 31 bln in 2021
EconomyMacroeconomyCredit movement in the Greek private sector increased by 1.3 percent year-on-year in December, from... percent. The corporate lending balance’s net monthly flow was positive in December by 1.83 billion euros... loans had a negative flow of 55 million euros in December, from 118 million euros in November and 102
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Despite strong exports, trade deficit ends 2021 33.8 pct higher
EconomyMacroeconomyGreece’s trade deficit maintained its upward momentum in December, rising by 79 percent year... of 17.4 percent compared with December last year. The latest figure is broadly in line with November... YoY in December, to 1.75 billion euros. The aggregate figure for the full year of 2021 showed
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IPI rise of 8.1 pct in Dec marks full year of growth, totalling nearly 10 pct
EconomyMacroeconomy-on-year (YoY) in December, from an upwards revised 8.4 percent annual increase in November, according... dropped by 10.8 percent. Month-on-month (MoM), the index increased by 1.9 percent in December, after... of 57.9 points, from 59 in December, however, still signalling growth in the sector. Although
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Newsletter 327 - 11/02/2022
in December 2020 and has raised questions about why it so much higher compared to European peers. Adjusted... continued their previous trend in December as 2021 ended with a trade deficit rise of 79 percent year..., with an annual rise of 8.1 percent in December, taking the total for the year to just short of 10 pct
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Industrial turnover grows 23.7 pct YoY in Oct, but drops by 2.6 pct MoM
EconomyMacroeconomysince December last year when it grew by 22.8 percent. After more than one year of contraction... Commission’s business indicators, industry confidence recovered to -5.2 points in December, from -7 points in November. Since December last year, industry confidence is down by roughly 14 points. Overall
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Industrial production drops by 0.9 pct YoY in Nov for third straight decline
EconomyMacroeconomybusiness surveys for December, industry confidence recovered to -0.1 points, from -5.1 points..., Greece’s Manufacturing PMI dropped further in December to 47.2 points, from 48.4 points in November. December’s PMI marks half a year of decline in the operating conditions of the Greek manufacturing
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Budget primary deficit ends 2022 at 6.68 bln, from 10.33 bln in 2021
EconomyMacroeconomyThe budget primary balance up to December 2022 came to a deficit of 6.68 billion euros, compared... a 14.87-billion-euro deficit in December 2021. The overall balance is better than the target by 1.72 billion euros... to December, overall expenditure stood at 71.28 billion euros, below the target by 1.98 billion euros
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CPI stable at 7 pct in Jan as food inflation persists
EconomyMacroeconomypercent year-on-year in January, after increasing by 7.2 percent in December, according to the data... in December. This is now six in the last seven months that inflation contracted monthly. In January... in January, from 7.6 percent in December. Month-on-month, the HICP was down by 0.5 percent. In January
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Travel balance of 15.7 bln in 2022 beats 2019 levels, arrivals yet to catch up
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 71 million euros in December, from 180 million euros in November, according to Bank of Greece (BoG) data released on Tuesday. December’s balance... million euros recorded in November 2020, and the 28.6 million euros of December 2019, just months before
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Newsletter 371 - 24/02/2023
of the weekBalance of payments In December, the current account deficit moderated to 2.66 billion euros... turnover Greece’s industrial turnover posted another solid annual growth in December, rising by 16.7... more modest than the 42.4 pct recorded in August, when inflation was peaking. December’s growth
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