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Newsletter 340 - 03/06/2022
released the latest HICP data, which saw the Greek number climb to 10.7 pct in May, from 9.1 pct..., and material costs, most notably in metals and plastics. Analysts from S&P Global, which releases... also saw a moderate recovery of 4 points to -51.3. The post-pandemic recovery has hit turbulence
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Mitsotakis looks for silver lining in Trump 2.0 as right wing MPs see vindication in President's agenda
PoliticsGreek Politicsengagements in the following days, focussing on where he saw opportunities for Greece in the new global environment. Speaking at a panel discussion with former Italian PM Enrico Letta organised... dramatically since last June’s European elections which saw its majority eroded significantly and gave
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PMI rise in Mar signals strong expansion, input costs at highest since 2022
EconomyMacroeconomyGreece’s Manufacturing PMI saw a solid rise in March, when it reached 55 points from 52.6 points in the previous month, according to S&P Global data released on Tuesday. Greek manufacturing saw strong expansion at the end of the first quarter, with production rising at the fastest pace since April
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Industrial production records marginal drop of 0.1 pct YoY in Feb due to electricity supply
EconomyMacroeconomyconfidence is up roughly 3 points. In addition, Greece’s Manufacturing PMI saw a solid rise in March, when it reached 55 points from 52.6 points in the previous month, according to S&P Global data. Greek manufacturing saw strong expansion at the end of the first quarter, with production rising
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Industrial turnover declines marginally in Feb, led by mining and local market
EconomyMacroeconomyGlobal data. Greek manufacturing saw strong expansion at the end of the first quarter... markets increased by 1.7 percent. In respect to sentiment indicators, Greece’s Manufacturing PMI saw
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Greece saw first annual deflation in almost half a century in 2013
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the f...
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomyGreek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise for the first time since December 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure stood at 61.96 billion at the end...
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Most Greeks saw income fall over last year, limiting purchasing power
SocietyThe results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...
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Increase in number of services that saw their turnover decrease in Q2
EconomyMacroeconomyThe evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...
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Almost all services in Greece saw decline in Q3
EconomyMacroeconomyThe evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...
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