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  1. Nov headline CPI at 3 pct, food price inflation three times higher
    Image: MacroPolis

    EconomyMacroeconomy

    ) increased by 2.9 pct annually in November, down from 3.8 pct in the previous month. Month-on-month, the HICP was down by 1.1 pct. In November, the annual CPI movement was led by a 9 pct increase in food..., heating oil and solid fuels. Communications were also down by 3.2 pct and transport also had a drop

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  2. Trade deficit narrows by 32 pct in Oct, but exports contract
    By Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    products and ships, the aggregate deficit was down by 6.1 percent, at 21.03 billion euros. Year...-EU markets were down by 22.6 percent at 34.35 billion euros. Exports to EU countries decreased 3.4 percent to 24.73 billion euros, and non-EU exports were down by 11.7 percent at 18.14 billion euros.

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  3. A closer look at Greece's Q3 2023 national accounts
    Photo by MacroPolis

    Agora

    above for the full year 2023. Since employment growth remains buoyant and unemployment is coming down... productivity growth rates. The economies are slowing down, while employment growth is still holding up for now—this moves productivity growth rates down. It is consistent with the finding that the labor

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  4. Trade deficit narrows further in Nov, at 28.46 bln in 11M
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    products and ships, the aggregate deficit was down by 5 percent, at 23.19 billion euros. Year to date... were down by 23.8 percent at 37.65 billion euros. Exports to EU countries decreased 5.2 percent to 27.05 billion euros, and non-EU exports were down by 10.5 percent at 20.14 billion euros.

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  5. Growth in industrial production slows to 3.1 pct YoY in Nov, contracts MoM

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) slowed down in November, growing by 3.1 percent year..., and by 7.2 percent in electricity supply. Water supply was down by 0.7 percent. According to the European... is down by almost 10 points. In addition, Greece’s Manufacturing PMI experienced marginal gains

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  6. Marriage equality bill causing reverberations within ruling party and opposition
    Image: https://flic.kr/p/2jAExD1

    PoliticsGreek Politics

    to pass the bill will come down and the MPs will not be voting against their own government, which... resignation ready if Mitsotakis sticks to his comment about members of the cabinet having to step down if they do not vote for the bill. Voridis played down the political implications of such a development

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  7. Economic sentiment up in Jan, consumer confidence plunges by 6 pts
    Photo by MacroPolis

    EconomyMacroeconomy

    marginally by 0.4 points to 115.4. The EEI is down by 1.5 points in the rolling 12-month period... the previous month. Since February last year, industry confidence is down by 7 points. The services index... 12-month. Retail trade also dropped sharply by 11.5 points to 10.6, now down by over 13 points from

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  8. Retail sales make marginal YoY gains in Nov, volumes continue to fall sharply
    Photo by MacroPolis

    EconomyMacroeconomy

    by 1.6 percent. Compared to November 2022, automotive fuel was down by 13.2 percent, non-food was up by 2... are reflected in volumes, with fuels down by 4.3 percent, a 1 percent drop in foods and non-food down by 1.2

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  9. Trade deficit drops by 20 pct in 2023 despite contraction of exports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    the value of oil products and ships, the aggregate deficit was down by 4.9 percent, at 25.21... to 41.37 billion euros, while imports from non-EU markets were down by 23.8 percent at 40.6 billion euros. Exports to EU countries decreased 6.8 percent to 29.05 billion euros, and non-EU exports were down

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  10. CPI at 3.1 pct in Jan, foods up by 8.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in Greece’s Consumer Price Index (CPI) slowed down marginally in January, when... annually in January, up from 3.7 pct in the previous month. Month-on-month, the HICP was down by 0.9..., solid fuels. Communications were also down by 2.2 pct. In January, natural gas dropped by 60.2 pct

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