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  1. ELSTAT revises nominal 2015 GDP contraction to 1.3 pct

    EconomyMacroeconomy

    In its second estimate of the annual national accounts for 2015, the Hellenic Statistical Authority... before) as well as in general government consumption by 2.2 percent (from 0.3 percent previously... billion euros, 2.38 billion above its previous estimate, while 2013 nominal GDP was slightly upped

    25%

  2. Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
    Photo by MacroPolis

    EconomyMacroeconomy

    on year (YoY) in Q3, higher than the flash estimate of 1.7 percent, according to the provisional... and deflation, confirmed flash estimate turned positive in Q3 2014 for the first time since Q1 2010... at current prices fell 0.8 percent in 9Μ, while the respective figure in real terms rose by 2.2

    24%

  3. Newsletter 372 - 03/03/2023

    Newsletters

    outlook for 2024, with the estimate doubling to 4.2 pct, from 2.2 pct in January. The improved growth... latest research in which Greece’s growth estimate for this year is significantly revised from the 1 pct..., is managing to hold its ground and could grow beyond initial estimates. At the end of 2022, when

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  4. Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ

    EconomyMacroeconomy

    , from 1.8 pct in the 2023 final budget at the end of 2022. The most recent inflation estimate for HICP..., published mid-May, the Bank of Greece reiterates its growth outlook of 2.2 pct in 2023, with consumption... economy to grow by 2.4 pct in 2023, from 1.2 seen in the previous estimate in February. In its

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  5. Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    estimates released in early November, which saw a GDP contraction of 1.4 percent. For next year, the EC and OECD expect a recession of 1.3-1.4 percent above the budget’s estimate. The upgraded MoF forecasts..., nominal GDP is now expected at 175.66 billion in 2015 (up by 1.92 billion from previous estimate

    24%

  6. Newsletter 329 - 25/02/2022

    Newsletters

    will have to deliver a primary surplus next year of 1.5 pct of GDP and then secure an average 2.2 pct... and the institutions’ nominal growth estimate of 4 pct growth in 2023 proves accurate, the 2023 GDP is seen... target of 2.2 pct of GDP. With Greece soon due to enter a de facto pre-election period

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  7. GDP falls 8.2 pct in 2020, but rises 2.7 pct QoQ in Q4
    Photo by MacroPolis

    EconomyMacroeconomy

    a first estimate of the overall GDP figure for 2020, showing GDP dropped by 8.2 percent in real terms... to revision in the second GDP estimate which ELSTAT will release later in the year. The GDP increase.... Final consumption expenditure decreased 2.2 percent (though government consumption was up 7.3

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  8. Q4 GDP grew by 1.4 QoQ, 2022 GDP rose 5.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 10.6 percent YoY and also by 2.2 percent QoQ. Over the full year 2022, real GDP is up 5.9... of 2023, the growth estimate for 2022 was 5.6 pct and 1.8 pct for 2023. The most recent inflation estimate for the national CPI is 9.9 pct for 2022 and 5 percent for 2023. In the latest financial

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  9. IMF forecasts high primary surpluses, tempers growth expectations
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    . However, the IMF’s estimate for next year is significantly lower than the 3 pct forecast of the Greek..., from 1 pct in 2023 and remain above 2 pct for the whole forecast horizon up to 2028 at 2.2 pct... outlook for next year appears to be dimer compared to the Finance Ministry’s very bullish estimate.

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  10. Newsletter 416 - 15/03/2024

    Newsletters

    . The Finance Ministry's estimate was missed by less than half a percentage point and was subject... households. The growth estimate of 2.9 pct included in this year's budget puts the finance ministry's... by 13.2 pct. The largest rise came from capital goods with 2.2 pct and durables at 1.5 pct. Non-durables

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