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  1. Newsletter 379 - 05/05/2023

    Newsletters

    as ECB president Christine Lagarde noted that there has been a significant drop in corporate demand... last year. The drop is led primarily by a reduction in the unemployed by 10,395, which shifts mostly... and a drop in competition. Most notably, the business confidence of Greek manufacturers rose

    3%
  2. March sees first retail sales fall for two years, volumes show consumption diving
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales turned negative for the first time since 2021, with a marginal drop of 0.3.... The inflationary effects are reflected in volumes, with fuels down by 6.9 percent, an 11 percent drop in foods..., economic sentiment (ESI) recorded a minor drop of 0.6 points in May, falling to 108.1 points, after

    3%
  3. Newsletter 384 - 09/06/2023

    Newsletters

    an impact.MacroeconomyCharts of the weekGDP Greek GDP recorded its first quarterly drop in Q1, falling by a marginal 0.1 pct.... Commercial transactions Greece’s trade deficit saw a significant drop of 22.9 pct YoY in April... billion euros, also recorded a drop of 4.3 pct, the first after a growth trend that stretches back

    3%
  4. Newsletter 385 - 16/06/2023

    Newsletters

    . They were to return only when unemployment would drop below 10 pct. The latest Stability Programme... May 2019 employment has increased by an impressive 19 pct, despite the 6 pct drop that was observed... and started to slide since. Month-on-month import prices posted a drop of 0.7 pct. Energy dropped

    3%
  5. Economic sentiment approaches pre-Ukraine war high, consumer confidence highest since 2021
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    0.6-point drop in May, according to European Commission figures released on Thursday. Sentiment has... points drop in May. Since July last year, industry confidence is up by almost 6 points... on the rolling 12-month. Retail trade also improved by almost 6 points in June to 20.5, after a strong drop

    3%
  6. Newsletter 387 - 30/06/2023

    Newsletters

    had its first annual drop since early 2021, falling by 7.4 pct in April, with manufacturing down... euros drop in April. The outstanding balance decreased to 112.48 billion euros, from 113.37 billion... and the sharpest drop since 2020 due to the pandemic. The total number of permits issued in March reached 2,686

    3%
  7. Retails sales contract 1 pct in June, volumes fall as food dips by 6.2 pct YoY

    EconomyMacroeconomy

    Greece’s retail sales turned negative in June, posting a drop of 1 percent year-on-year (YoY... on Thursday. The corresponding volume index recorded a sharp drop of 7.6 percent. June is the second negative..., with fuels up by 2.5 percent, a 6.2 percent drop in foods and non-food down by 3.6 percent. According

    3%
  8. Industrial turnover drops by 10.2 pct in Jul, driven by foreign markets and manufacturing

    EconomyMacroeconomy

    Authority (ELSTAT) on Wednesday. This is the fourth successive annual drop, something not seen... by 20.5 percent. In the domestic market, the drop in July was led by a 3.9 percent decrease... was driven by a 20.5 percent drop in manufacturing. Mining and quarrying turnover decreased by 21 percent

    3%
  9. Newsletter 395 - 29/09/2023

    Newsletters

    was negative by 319 million euros, after a drop of 1.18 billion euros in July. Sentiment Consumer confidence took a significant tumble by almost 10 points in September, landing at -45 points, leading to a drop... economic sentiment (ESI) recorded a drop of almost 3 points in September to 108 points, after

    3%
  10. CPI rise eases to 1.6 pct in Sep, but food up by 9.4 pct
    Image: MacroPolis

    EconomyMacroeconomy

    increased by 1.8 pct, from a drop of 1.1 percent in August. In September 2022, the CPI was up by 12 pct YoY... reversed the recent price drops, rising by 3 pct. These were partially offset by a sizable drop of 15.... Communications were also down by 3.1 pct. In September, electricity continued to drop, down 1.2 pct annually

    3%