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Newsletter 352 - 23/09/2022
1.1 pct compared to the previous sounding to reach 32.5 pct, while SYRIZA lost 0.4 pct to end at 24.7... as the targets up to August were comfortably beaten, by close to 6 billion euros. Revenues were 5.7 billion
17% -
Notable increase in grants to social security sector leads to budget primary deficit in Nov
Economydeficit of 193 million euros in November from an exceptionally high surplus of 1.47 billion in October. The worsened fiscal performance in November is largely attributed to a month on month (MoM) rise... to 1.23 billion in November, grants to hospitals jumped to 388 million in November from a total
17% -
Drop in industrial production accelerated in November with 6.1 pct decline
EconomyMacroeconomyThe drop in the Industrial Production Index (IPI) accelerated in November to 6.1 percent following... (ELSTAT). Given the November figure, the 11-month IPI retreated 3.9 percent, which is slightly above... since April 2008. The negative performance in November stems from a decrease in all industrial
17% -
Greek banks' Eurosystem funding rises again in November, up by 1 bln
EconomyMacroeconomyGreek banks’ Eurosystem funding increased for the second straight month in November, when it rose by 1 billion euros, according to the Bank of Greece's (BoG) monthly financial statement on Wednesday..., at 0.88 million at the end of November. The ECB funding rose to 44.85 billion euros in November
17% -
Industrial turnover dips again in November after upswing in two previous months
EconomyMacroeconomyin November from an upward revised 4.6 percent increase in October, according to the Hellenic Statistical..., since the October release initially due on December 19 was postponed for January 14. November’s... pointing to a decelerating drop of 1.5 percent. The evolution of industrial turnover in November
17% -
Building activity down 1.4 pct in November
EconomyMacroeconomyGreek building permits edged down 1.4 percent in November after dropping by 5.7 percent in October... stood at 1,150 in November, which is the second highest reading in 2016, after the high of 1,392 posted... straight month by 7.3 percent in November. The breakdown again showed high fluctuation in building permits
17% -
Slight uptick for economic sentiment and consumer confidence in November
EconomyMacroeconomyGreece’s economic sentiment (ESI) edged up by 0.1 points in November to 98.4 from 98.3 in October...) figures revealed on Monday. Between December last year and this November, the ESI print has... points to 54 in November, following a small blip last month when it fell by 0.3 points. On a year
17% -
November PMI at 52.2 as new business growth hits 45-month high, hirings reach 18-year peak
EconomyMacroeconomyGreece’s Manufacturing PMI marginally increased by 0.1 points in November to 52.2, with the index... production capacity led to firms increasing their output in November hence stretching the growth.... “Business conditions at Greek manufacturers continued to improve in November,” they said. “Growth
17% -
Net job hirings balance for November turns negative by 39,221
EconomyMacroeconomyThe employment balance was negative in November for a second straight month as hirings fell short... types of work. In November, part-time and flexible types of work made up 58 percent of the total... hirings increased to 58.2 percent in November from 55.4 percent in October. The share of departures rose
17% -
Credit contraction unchanged at 0.9 pct in November
EconomyMacroeconomyCredit contraction in the Greek market remained stable at 0.9 percent in November, unchanged from.... The movement in November originates from net deductions of 146.8 million in the household lending sector.... Deductions in the household lending segment came to 140.4 million in November, down from October’s figure
17%