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  1. Industrial production concluded 2023 with modest annual growth of 2.2 pct
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    in manufacturing, while water supply was up by 1.1 percent. Mining had the strongest growth of 14.4

    3%

  2. Record year for Greek tourism raises concerns about sustainability
    Photo by MacroPolis

    EconomyFeatures

    . Santorini received almost 10 percent fewer international passengers but managed a 1.1 percent increase

    3%

  3. Budget starts new year on track, timing factors lead to 1.16 bln outperformance

    EconomyMacroeconomy

    , interest payments were 1.3 billion euros. PIB PIB revenues came to 1.1 billion euros. PIB

    3%

  4. CPI at 2.9 pct in Feb, food prices up by 6.7 pct
    Image: MacroPolis

    EconomyMacroeconomy

    gas dropped by 52 percent. Heating oil was up by 9.9 percent, while electricity was down by 1.1

    3%

  5. NBG net interest income jumps 65 pct in 2023 to 2.26 bln as net profit reaches 1.2 bln
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) reported a core profit after tax of 1.2 billion euros in 2023, compared to a profit of 474 million euros in 2022, a significant rise year-on-year. Attributable profit was 1.1 billion euros, compared to 1.12 billion euros in 2022. Core PPI was 1.81 billion euros

    3%

  6. BoG sees 2024 growth at 2.3 pct, cautions against complacency due to risks
    Photo by MacroPolis

    EconomyMacroeconomy

    pct of GDP in 2023, against an initial target of 1.1 pct of GDP, as the central bank sees the string

    3%

  7. Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach

    EconomyMacroeconomy

    the surplus from the assumed 1.1 pct of GDP for 2023. If the performance of 2023 has structural

    3%

  8. Newsletter 422 - 26/04/2024

    Newsletters

    committed to a 1.1 pct of GDP surplus. ELSTAT says that the debt load of the general government was 356.7

    3%

  9. As base effect wears off, producer prices fall by just 0.1 pct in Mar
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    EconomyMacroeconomy

    by 1.1 percent. Goods sold to the foreign market were up by 3.3 percent YoY, led by food products

    3%

  10. Vehicles licences jump by 36.3 pct in Apr thanks to strongest car sales since 2010
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time grew by a strong 36.3 percent year-on-year (YoY) in March, after a contraction of 9.2 percent in March, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. In April 2023, licences had grown by a modest 1.1

    3%