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  1. Economic sentiment posts modest drop in Mar, consumer confidence recovers strongly

    EconomyMacroeconomy

    is down by 1.1 points. The services index increased by almost one point to 16.4. Services confidence

    3%

  2. Industrial production growth accelerates to 5.2 pct in Feb, electricity supply contracts again

    EconomyMacroeconomy

    year, industry confidence is down by 1.1 points. In addition, Greece’s Manufacturing PMI remained

    3%

  3. Industrial turnover growth slows to 6.7 pct in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    readings. Since April last year, industry confidence is down by 1.1 points. Overall, economic

    3%

  4. Stability Programme sees improved growth, primary surplus above 2 pct from 2024
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    Greece submitted to the European Council and the European Commission the latest Stability Programme of 2023, covering the 2024-2026 period, in line with the Council regulations. The fiscal stance is at the core of the programme, with the Greek authorities anticipating a primary surplus of 1.1 pct

    3%

  5. Despite marginal rise in Mar, Q1 trade deficit down 19 pct, exports up 17.8 pct
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    to EU countries rose by 9.2 percent while those to non-EU countries increased by 1.1 percent

    3%

  6. CPI moderates to 3 pct, but food inflation persists at 11.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    , the HICP was up by 1.1 percent. In April, the annual CPI movement was led by an 11.4 percent increase

    3%

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

    EconomyMacroeconomy

    was up by 1.1 percent, with the mining and quarrying index increasing by 48.1 percent. Manufacturing

    3%

  8. Producer prices record back-to-back decline in Apr as energy falls by 24.4 pct YoY
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    by 1 percent, non-durables up by 7.3 percent and durable consumer goods increased by 1.1 percent.

    3%

  9. Trade deficit narrows in April, though exports drop by 4.3 pct
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    countries rose by 1.1 percent while those to non-EU countries decreased by 10.8 percent. Excluding

    3%

  10. OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    The OECD has become the latest international organisation to incorporate the more positive outlook for the Greek economy into its projections, revising upwards its growth forecast for 2023, to 1.6 pct, from 1.1 pct in the January estimate. Next year’s estimate is moderately revised down to 1.6 pct

    3%