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  1. Inflation in October doubles to 3.4 pct, food inflation nears 10 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    pct, 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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  2. Inflation accelerates to 3.5 pct in Dec, food prices jump further
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The 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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  3. Newsletter 428 - 21/06/2024

    Newsletters

    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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  4. Newsletter 78 - 17/06/2016

    Newsletters

    percentage points in the course of last year to reach 44.2 percent at the end of 2015, up from 39.9 percent at the end of 2014. Based on preliminary figures, the NPE ratio edged up to 45.2 percent... period showed a primary surplus of 2.27 billion, up by more than 50 percent from last year

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  5. Industrial turnover index falls 8 pct in September, new orders also down

    EconomyMacroeconomy

    economy. It is also noteworthy that on a twelve-month trailing basis both indices are recording a drop of 1.9 and 3.9 percent respectively. The drop in the industrial turnover in September reflects... was that of consumer non-durables (up 2.7 percent), while energy and consumer durables turnover recorded

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  6. A macroeconomic assessment of the Cypriot economy after the haircut
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    anticipated drop in consumption and GDP as the impact of reduced nominal salaries on consumption has... is a temporary rather than a permanent drop in income, and because they do not consider bank deposits... picked up by the Cypriot government. On the other hand, the Cypriot government’s attempt to defend

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  7. Majority of services sectors still see contraction in turnover in Q1 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    ). The highest drop was recorded in architectural and engineering activities (down 27.2 percent), cleaning...). It is noteworthy that the same activities had also posted a double-digit drop in the corresponding period last year... 2014, namely computer programming, consultancy and related activities (up 18.9 percent) and other

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  8. Greek trade deficit rises further in April as exports fall by 20.8 pct

    EconomyMacroeconomy

    (ELSTAT). April’s performance led the 4-month trade deficit up 6.8 percent to 7.11 billion. The double-digit growth posted in March reflects a drop of imports by 7.5 percent and a higher decrease... products, April imports and exports exhibit a slower drop of 3.8 and 12.4 percent respectively

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  9. Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
    Photo by MacroPolis

    EconomyMacroeconomy

    stable YoY in Q2 after a marginal drop of 0.1 percent in Q1. The Q2 rate of zero percent is the first... forecasts foresee a 5.3 percent rise in 2014 after a 12.8 percent drop last year. Taking into account that gross fixed capital formation slipped 4.2 percent in H1, this specific target - which made up 14

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  10. Greece is least socially just country in EU, report indicates
    Photo by Harry van Versendaal

    Society

    This meant that Greece suffered a drop of 0.86 on the mark it gained in 2008. Only Ireland had a bigger..., with the exception of Slovakia (17th place), Ireland (18th) and Estonia (22nd), is taken up... and to open up social opportunities.” Greece ranks last in the category “Access to Labour Market

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