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Industrial turnover resumes growth in Oct with 0.9 pct YoY, manufacturing leads way
EconomyMacroeconomy1.1 percent. This is the first annual growth after back-to-back drops in the two previous months
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Despite marginal drop in Sep, building permits up by 17.1 pct over 9M
EconomyMacroeconomyterritory to -7.8 points, from -1.1 points previously. The index is currently down by roughly 24 points
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CPI at 2.6 pct in Dec, housing costs climb by 3.7 pct
EconomyMacroeconomypercent and household equipment with a drop of 1.1 percent. Food inflation is moderating, now six
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Industrial turnover returns to contraction in Nov with sharp 5 pct YoY drop
EconomyMacroeconomyGreece’s industrial turnover resumed contraction in November, dropping by 5 percent year-on-year (YoY), from a 1.1 percent increase in October, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday. On a rolling 12-month basis, the industrial turnover was up by just 1
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Employment and wage data explains why Greeks struggle to see growth dividends
Agoramarket faces challenges, particularly for women and youth. Despite a 1.1 pps increase
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Producer prices drop 0.8 pct YoY in Dec, down 2.2 pct in 2024
EconomyMacroeconomysupply was down 1.4 percent and food products increased by 1.1 percent. Goods sold to the foreign market
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NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
EconomyBankingNational Bank of Greece (NBG) reported a core profit after tax of 1.32 billion euros in 2024, compared to a profit of 1.2 billion euros in 2023, a rise of 10 percent year-on-year (YoY). Attributable profit was 1.16 billion euros, compared to 1.1 billion euros in 2023, a 5 percent annual rise. PPI
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Mitsotakis launches mini-support package in bid to create positive momentum
PoliticsGreek Politicsspending measures starting in the current fiscal year. The measures total 1.1 billion in extra spending
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PM set on sharing out more economic benefits in bid to recover support
PoliticsGreek PoliticsThe government’s efforts to turn the media and public’s attention away from the Tempe issue, which dominated the agenda during the first quarter of the year, continues with the promise of more voter-friendly measures to come. After announcing 1.1 billion euros in interventions for renters
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Newsletter 460 - 02/05/2025
euros, local governments at 2.05 billion euros and social security funds at 1.1 billion euros. Greece
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