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Newsletter 231 -06/12/2019
of the step-up interest margin for certain EFSF loans. Following the successful recommendation... parliaments also giving the thumbs up. The main goal of the Greek authorities in Wednesday's... of goods and services. Imports of goods and services showed a YoY drop of 2.9 percent. Final
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Newsletter 366 - 20/01/2023
and its rivals gear up for the contests due to take place in the coming months. With the dates..., making Kasidiaris appear a political martyr and firing up the far-right vote, rather than blocking... up after dipping towards the end of 2022. According to the opinion poll, 31 pct of respondents say
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Inflation in October doubles to 3.4 pct, food inflation nears 10 pct
EconomyMacroeconomypct, from a rise of 1.8 percent in September. In October 2022, the CPI was up by 9.1 pct YoY, near... last year. The harmonised index of consumer prices (HICP) increased by 3.8 pct annually in October, up from 2.4 pct in the previous month. Month-on-month, the HICP was up by 0.1 pct. In October
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Inflation accelerates to 3.5 pct in Dec, food prices jump further
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) picked up pace in December, with a 3.5 pct... for the whole of 2023. Month-on-month, the CPI decreased by 0.1 pct, from a drop of 0.4 percent in November. In December 2022, the CPI was up by 7.2 pct YoY, as the inflation wave was beginning to gradually
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Newsletter 428 - 21/06/2024
to be built “from the bottom up, and not through agreements in dark rooms.” However, he also repeated... to yield results in the form of a drop in inflation, however he acknowledged that the real goal... sheet clean up efforts. Although the loans are now managed by servicers, there are challenges
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Greek trade deficit narrowed 15.4 pct in January
EconomyMacroeconomyto the Hellenic Statistical Authority (ELSTAT). The drop in January shows an accelerated trend compared the decline of up to 6 percent recorded in the preceding three months. September had posted a 27.4 percent rise in the trade deficit. The January movement reflects a drop in imports by 9.4 percent to 3.75
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In third straight month of decline, industrial turnover falls 4.9 pct in May
EconomyMacroeconomyfour months showed a double-digit drop over this period. In addition, the average index posted... percent in May. Nevertheless, the latter makes up only a fraction of the total turnover index, thus... a double-digit drop (-14.2 percent). The latter was almost equally split for the eurozone and non
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Greece returns to growth after long recession, GDP figures show
EconomyMacroeconomytime since Q1 2010 recording an increase of 0.7 percent YoY following a drop of circa 4 percent.... The revised historical figures showed that the largest drop in the third quarter economic activity was posted in 2010 with a decrease of 7.5 percent, followed by a drop of 6.7 percent in 2011 and 6.3
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Current account in surplus for 2nd straight month in June but down 20 pct on 2014
EconomyMacroeconomydigit drop in both exports and imports by 23 and 13.8 percent respectively. In absolute terms, goods... percent. The modest drop in the services’ surplus by 1.6 percent to 2.37 billion is largely due... billion up 27.6 percent YoY. This is primarily attributed to a worsening of the primary
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Current account balance shows a surplus for third straight month, at 2.09 bln in August
EconomyMacroeconomyGreece's current account (C/A) balance displayed a surplus of 2.09 billion in August 2015, up... stems from a drop in the goods’ (by 268 million) and primary income (by 109 million) deficits more... account deficit deteriorated by a mere 2.3 million. The breakdown displayed the double digit drop
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