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Newsletter 436 - 11/10/2024
of lower state income from the drop of the trade tax. With Greeks severely challenged by weak... of the weekTrade Although it moderated in August with a drop of 6.5 pct to 2.54 billion euros...-on-month, the index recorded a sharp drop of 4 pct. The annual movement in the index reflects a 3.1
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Newsletter 441 - 15/11/2024
with a nominal drop. In the representative’s op-ed it is noted that when more updated data up to Q2 2024... drop of 14.7 pct year-on-year (YoY), leading the movement in passenger cars down by 3.8 pct YoY... pct YoY drop, accelerating from the 4.3 pct of the previous month. The decline is largely led solely
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Newsletter 447 - 17/01/2025
book opening, offers had exceeded 30 billion euros, which allowed the guidance to drop to 102 points... with a drop of 0.2 pct, when in December 2023 licences had grown by almost 25 pct. Car sales in December came to 14,815 compared to 15,581 in 2023, a drop of 4.9 pct.
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Newsletter 453 - 28/02/2025
will make Greek products 7 pct more expensive in the US, which could lead to a drop of just 0.05 pct in GDP... this week that recorded its largest drop since August 2021, while inflation expectations continue to rise... was highlighted in Greece’s medium-term fiscal structural plan that was approved by Brussels sees a sudden drop
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Growth of industrial production moderates to 2 pct YoY in Jan
EconomyMacroeconomy, the last recorded drop of 0.6 percent. Month-on-month (MoM), the seasonally adjusted index in January recorded a drop of 0.8 percent, after an increase of 2.4 percent in the previous month... by a drop of 6.4 percent in mining. The monthly movement was led by decreases of 0.9 percent
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Newsletter 473 - 01/08/2025
, after a sharp 41.3 pct annual drop seen in March. This has taken the number of permits during the first four months of the year at 8,444, a sharp drop of 26 pct. The corresponding surface over... and over 3 points respectively. Retail Seasonality pushed retail sales down sharply in May with a drop
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Construction shows first signs of recovery in 2025 as building activity rises 31.6 pct YoY in May
EconomyMacroeconomya drop of 17.3 percent YoY seen in April, according to the data released by the Hellenic Statistical... down by 24.7 percent. The largest regional drop is in Epirus in north-western Greece with 31 percent decline and 422 permits, most permits were in Attica with 2,406 but with a sharp annual drop of 16
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Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
EconomyMacroeconomytax will have a minor drop to 15.76 billion euros and corporate taxation will rise to 8.66 billion... pct of GDP. The stock of debt will continue to drop, seen next year at 359 billion euros at general government level and debt-to-GDP will drop to 137.6 pct, from 145.4 pct this year. This year
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IMF's latest macro and fiscal estimates reflect economic stability
EconomyMacroeconomyrespectively of the Greek authorities. The IMF’s projected fiscal path sees the debt to drop to just over 130 pct of GDP by 2030. For this year, the debt ratio will be 146.7 pct of GDP and drop further to 141.9 pct in 2026. The Finance Ministry expects debt to drop to 120 pct of GDP by 2030.
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Manufacturing drives industrial production increase of 6.8 pct YoY in Sep
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) resumed growth in September with a jump of 6.8 percent year-on-year (YoY) drop, after a drop of 2.8 percent in the previous month, according to Hellenic..., partially offset by a 3 percent drop in water supply. The manufacturing index was led by basic
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