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Newsletter 351 - 16/09/2022
well above 200 billion euros then the ratio could drop to 170 pct, a sizable drop from the 206 pct seen... movements were led by a 10.5 pct reduction in petroleum products and 1 pct drop in chemical products.
3% -
Unemployment stable at 12.2 pct in August despite strong tourism season
EconomyMacroeconomyjobs or placed employees on furlough schemes. Although August did not have the desired drop given... compared with the same month of 2021, amounting to 569,609, a drop of 11.4 percent. Unemployment is now... percent, while the rate for men stood at 9 percent, a drop of 1.7 pps year-on-year. Youth unemployment
3% -
Unemployment dips to 11.8 pct in Sep for lowest rate since 2010
EconomyMacroeconomyof the year did not see the desired drop given the seasonality of the labour market and the solid tourism... to 556,324, a drop of 10.5 percent. Unemployment is now consistently below the 600,000-mark, approaching... percent, a drop of 0.4 pps year-on-year. Youth unemployment rose by 2.3 pps year-on-year to 28.5 percent
3% -
Public debt records back-to-back quarterly drops, falling to 393.49 bln in Q3
EconomyMacroeconomyGreece’s central government debt recorded a small drop of roughly 700 million euros in the third quarter of the year to 393.49 billion euros, after falling by 365 million to 394.18 billion euros... debt movements reflect a drop of 1.5 billion euros in bonds and a small drop in loans related
3% -
Unemployment drops to 11.6 pct in Oct, lowest since 2010
EconomyMacroeconomyquarter of the year did not see the desired drop given the seasonality of the labour market..., amounting to 542,941, a drop of 12.6 percent. Unemployment is now consistently below... stood at 8.4 percent, a drop of 1.6 pps year-on-year. Youth unemployment dropped by 5 pps year
3% -
Tracking Greece's fiscal performance
Agora(and the drop in debt relative to GDP) will persevere. The primary balance. Figure 2 shows the general... on the debt has fallen over time from 6.6 percent in 2000 to 1.3 percent in 2022-Q2. The drop in nominal... on government borrowing dropped precipitously through 2008. This sharp drop in real borrowing costs
3% -
Rise in import prices slow further to 15.7 pct YoY in Nov
EconomyMacroeconomy, the index posted a sharp drop of 7.4 percent, after a rise of 1.5 percent in the previous month. The index now has four monthly contractions since May, recording the sharpest monthly drop since March 2020... percent increase. The monthly movements were led by a 20.6 percent drop in electricity and gas
3% -
Deposits record growth of 5 bln in Dec, balance at highest since summer 2011
EconomyMacroeconomywith a jump of 5 billion euros, after a drop of 591 million euros in November, based on Bank of Greece (BoG) figures released on Friday. After the first back-to-back drop since March this year, December... billion euros to 196.74 billion euros, after a drop of 694 million euros in November.
3% -
CPI stable at 7 pct in Jan as food inflation persists
EconomyMacroeconomyand 6.5 percent in clothing and footwear. These were partially offset by a rare drop in housing by 0.1 percent and a drop of 1.3 percent in communication. In January there was a notable drop in electricity
3% -
Unemployment drops to 10.8 pct in Jan, lowest since debt crisis began
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate experienced a notable drop in January, falling... fewer unemployed people in January compared with the same month of 2021, amounting to 501,948, a drop...-on-year and came to 13.9 percent, while the rate for men stood at 8.3 percent, a drop of 1.7 pps year
3%