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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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Electricity propels 6.4 pct YoY jump in Oct industrial production
EconomyMacroeconomyof 6.4 percent year-on-year (YoY) drop, after a jump of 7.3 percent in the previous month, according... in manufacturing, partially offset by a 9 percent drop in water supply. The manufacturing index was led..., Greece’s manufacturing PMI recorded a drop in November to 52.7 points, from 53.5 points
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Industrial turnover up by just 0.3 pct YoY in Oct as manufacturing growth, domestic market slow
EconomyMacroeconomy, from a strong rebound of 13 percent drop in September, according to data released by the Hellenic... by just 0.3 percent, from a 0.2 percent drop in the previous period. Manufacturing revenue rose by 0.3... manufacturing PMI recorded a drop in November to 52.7 points, from 53.5 points in the previous month, S&P Global
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Deposits continue to slide in Feb, falling to 207.52 bln
EconomyMacroeconomyPrivate sector deposits recorded a further drop during February, with a net outflow of 445 million euros, after a drop of 5.18 billion euros in January, according to the latest Bank of Greece (BoG... euros to 216.38 billion euros, after a 4.85-billion euros drop in January.
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Polls show Golden Dawn support dropping after murder, New Democracy profiting most
PoliticsGreek PoliticsTwo more opinion polls published this week have shown a drop in support for Golden Dawn, with New Democracy appearing to be the party that has profited most. An Alco survey for the Newsit website... for New Democracy fell from 20.1 percent to 19 percent and SYRIZA saw its ratings drop from 20.5
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