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  1. Newsletter 437 - 18/10/2024

    Newsletters

    revisions of the base year to 2020 and the years prior, starting at 1995. ELSTAT revised up... recovery path since the 9.2 pct drop suffered in 2020 due to the COVID-19 outbreak. At constant 2020 prices, Greek GDP in 2023 was 196.98 billion euros, up by 4.5 billion euros from 2022. Nominal GDP also

    9%

  2. Newsletter 451 - 14/02/2025

    Newsletters

    the authorities covered up information about the fatal crash. The election of Konstantinos Tasoulas... and that this liquid caused the fire that broke out after the crash, killing up to 30 of the 57... countries. With the latest data up to November last year, Greek exports to the US were just under 2.2

    9%

  3. Industrial turnover and new orders indices post big drops for December

    EconomyMacroeconomy

    providing recessionary signals for the Greek economy when coupled with the high single-digit drop... in the manufacturing sector. The mining and quarrying sector showed a modest drop of 1.2 percent, yet... percent, while motor vehicles, trailers and semi-trailers (up 48.3 percent), computers, electronic

    9%

  4. Four months of decline in industry turnover almost comes to stop in February

    Economy

    4.3 percent in January and a double-digit drop in the preceding three months, according... showing a 5.4 percent drop. The marginal movement in January fully reflects a similar decrease... and optical products (up 68.7 percent), leather and related products (up 31.3 percent) and other

    9%

  5. Greek trade deficit increases by 14.7 pct in March

    EconomyMacroeconomy

    also shows that the trade deficit increased by 3.1 percent, reversing the modest drop of 2.4... to exports to third countries (up 5.2 percent), counterbalancing a 2.6 percent decrease in exports... up 47.6 percent. The former mainly reflects soaring imports from third countries (up 49.9 percent

    9%

  6. Decline in Greek CPI slows to 1.1 pct in June after sharper fall in May

    EconomyMacroeconomy

    The Consumer Price Index (CPI) fell 1.1 percent in June, decelerating from the 2 percent drop... and footwear prices. The latter’s performance in June reversed the 8.9 percent drop posted in May, which.... The year on year decline of 1.1 percent in the June CPI mainly reflects a drop of 3.9 percent

    9%

  7. Retail sales rise in July for second straight month - not seen since 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    the highest drop in 7-month retail turnover, followed by food, beverages and tobacco (down 6.3 percent... and other goods recorded a mid-single digit rise (up 5 percent), while clothing and footwear (up 3.1 percent) and pharmaceutical products and cosmetics (up 1.4 percent) showed a more moderate

    9%

  8. National Bank posts 9-month profits of 1.18 bln
    Photo by MacroPolis

    EconomyBanking

    million in Q3, up by 10 percent on the Q2 figure of 83 million. Bottom-line results for the quarter... provisions, which stood at 368 million up 7 percent QoQ. Similarly to the previous quarter’s performance... by a modest 1 percent QoQ. The yearly drop mainly stems from a double-digit decrease in personnel

    9%

  9. Greek retail sales back on upward course in October after brief dip

    EconomyMacroeconomy

    After a short-lived drop of 0.9 percent in September, the turnover of Greece’s retail trade index.... On the flipside, department stores registered a double digit drop (10.7 percent), followed by food... change in turnover mainly reflects a drop in books, stationery and other goods by 12.4 percent, after

    9%

  10. Stronger rise of 4.1 pct for Greek industrial turnover in October

    EconomyMacroeconomy

    at an accelerating pace of 4.1 percent from an upward revised 2.4 percent drop in September, according... still points to a drop of 2.4 percent. The change in October mainly reflects a similar rise... substantially improved by 40.4 percent, followed by machinery and equipment (up 17.1 percent), other

    9%