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Inflation to persist, creating more economic policy challenges
EconomyMacroeconomyprice index of 0.8 pct. As we had brought to your attention in mid-November, there was enough hard... and capital goods increased by 8.6 pct. Compared to November, energy increased by 10.1 pct in December... sales data. In November, sales dropped month-on-month by 6.3 pct, led by a 12.7 pct drop in food
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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... of growth since November 2020. The most significant rise of 22.7 percent was recorded in April 2021... dropping by 1.5 percent in November. The annual movement in the index was led by a 17.4 percent
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Building permits leap by 42.9 pct in Nov, taking year-to-date rise to 27.5 pct
EconomyMacroeconomyThe number of building permits issued in Greece continued rising in November, increasing by a solid... (ELSTAT) data showed on Monday. The total number of permits was 2,310, from 1,617 in November 2020... was imposed in November. The corresponding surface area increased by 58.1 percent, while volume rose by 71.3
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Newsletter 330 - 04/03/2022
at the close of last year, rising by 23.8 pct in December, after a rise of 21.1 pct in November, largely... of building permits issued in November increased by a solid 42.9 pct, after a rise of 18.4 pct in October... in November 2020. Surface and volume also rose annually by 58.1 and 71.3 pct respectively. During the eleven
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Inflation drives up retail sales by 10.5 pct in Sep, but MoM sees 0.6 pct drop
EconomyMacroeconomyto the latest business indicators for November, Greece’s consumer confidence was at -51.9 points... further ground in November, up by 6 points to 17.7, still staying off the recent high of 21.1 in December. Overall, Greece’s economic sentiment (ESI) showed signs of recovery in November, rising by 3
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Industrial production records first back-to-back drop since 2020 in Oct
EconomyMacroeconomy, industry confidence recovered to -5.2 points in December, from -7 points in November. Since December last... remained relatively unchanged in November, rising by 0.3 points from October to 48.4 points. November’s
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Car sales fall by 0.7 pct in Nov for first drop since July
EconomyMacroeconomyterritory in November, dropping by 0.7 percent year-on-year (YoY), after rising by 2.4 percent in October, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In November 2021... to 3,911. There was a mixed picture in the road motor cars categories in November, with new passenger cars
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Budget primary deficit at 1.13 bln in Nov as taxes continue to outperform
EconomyMacroeconomyThe budget primary balance up to November 2022 came to a deficit of 1.13 billion euros, compared... deficit in November 2021. The overall balance is better than the target by 1.08 billion euros. Revenues... to 5.55 billion euros, 190 million below the target. Expenditure Up to November, overall expenditure
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Deposit flow records back-to-back drop of 591 mln in Nov amid grip of cost-of-living crisis
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in November stayed negative... this year. The annual growth in November was 4.5 percent, from 5.9 percent in October, and 6.2 percent in September. The outstanding balance of private sector deposits in November stood at 183.92
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Nov sees 5 pct rise in loans, led by corporations and consumer credit
EconomyMacroeconomyCredit movement in the Greek private sector slightly slowed in November, rising by 5 percent year... 898 million euros in October. The outstanding balance decreased to 112.44 billion euros in November... euros. Housing loans had a negative flow of 86 million in November, from 96 million euros in October
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