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  1. Industrial turnover grows by 16.7 pct in Dec as foreign markets contract MoM
    Image via www.viohalco.com

    EconomyMacroeconomy

    and quarrying down by 1.1 percent. Monthly, the domestic market was up by 0.8 percent while the foreign markets were down by 5.4 percent. Greece’s Manufacturing PMI remained in contraction at the start.... Since February last year, industry confidence is down by roughly 7 points. Overall, economic

    5%
  2. Growth of retail sales slows to 8.8 pct in Dec amid decline in volume of food sold

    EconomyMacroeconomy

    The growth in Greece’s retail sales slowed down in December, rising by 8.8 percent year-on-year... increasing by 1.7 percent in the previous month. The volume’s monthly movement was down by 1 percent... in volumes, with fuels down by 1.9 percent, a drop in food by 4.6 percent and non-food up by 4.1

    5%
  3. Economic sentiment posts modest drop in Mar, consumer confidence recovers strongly

    EconomyMacroeconomy

    , marginally down from the 97.7 achieved in the previous month. The euro area’s ESI was 99.3 points, also down from the 99.6 of February. March’s consumer confidence was significantly improved from... is down by 1.1 points. The services index increased by almost one point to 16.4. Services confidence

    5%
  4. Import prices turn negative in Feb for first time in two years
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    in April last year with a 39.1 percent rise. Growth has been slowing down in since then. That said... market. Energy prices dominate with extraction of oil and gas down by 22.4 percent, followed... movements were led by a 9.2 percent in extraction of oil and gas, electricity was down by 4.3 percent

    5%
  5. Data for 2022 confirms tourism's full recovery, with nearly 30 mln visitors
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    , coming to 220.2 million in 2022, down from 236.5 million in 2019. Germans had the most stays in 2022... is slightly down annually to 7.4 nights, with the average spend per night stay at 80.3 euros. Average expenditure per trip in 2022 was 591.7 euros, down by 14.1 pct year-on-year, however, higher than

    5%
  6. Producer prices drop in Mar for the first time in over 2 years, led by energy

    EconomyMacroeconomy

    percent annually, led by mining and quarrying down by 57.1 percent, refined petroleum products... were down by 11.1 percent YoY, led by refined oil products that contracted by 28.3 percent... in the overall market, energy products were down by 21.7 percent YoY, intermediate goods increased by 5.9

    5%
  7. Industrial turnover posts slowest growth in 2 years, up 1.5 pct in March
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    Greece’s industrial turnover remained in growth territory in March, slowing down considerably... increased by 2.7 percent, while the non-domestic market was down by 0.3 percent. In the domestic... is down by 4.3 points. Overall, economic sentiment (ESI) recorded an improvement in April, rising by 1.8

    5%
  8. Consumer confidence takes off in May as rest of sectors deliver mixed data
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the 104.2 points of June 2022. The EU average ESI stood at 95.2 points in May, down from the 97.1 points of the previous month. The euro area’s ESI was 96.5 points, also down from the 99 points... of negative readings. Since June last year, industry confidence is down by only 0.9 points. The services

    5%
  9. Trade deficit widens in May as exports contract by 15.4 pct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    deficit was down by 11.1 percent, at 9.72 billion euros. Year to date, imports from EU countries were up by 3.8 percent to 16.57 billion euros, while imports from non-EU markets were down by 11.1 percent...-EU exports were down by 1.9 percent at 9.08 billion euros.

    5%
  10. Newsletter 390 - 21/07/2023

    Newsletters

    and were pushed further down the term, as the government does not want to upset its official lenders... was down by 13.8 pct, with the mining and quarrying increasing by 6.1 pct. Manufacturing turnover.... Revenue in the domestic market decreased by 7 pct, while the non-domestic market was down by 23.6 pct.

    5%