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  1. Industrial turnover returns to contraction in Nov with sharp 5 pct YoY drop

    EconomyMacroeconomy

    Greece’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

    10%

  2. Employment and wage data explains why Greeks struggle to see growth dividends
    Photo via https://flic.kr/p/2cusZK8

    Agora

    market faces challenges, particularly for women and youth. Despite a 1.1 pps increase

    10%

  3. Producer prices drop 0.8 pct YoY in Dec, down 2.2 pct in 2024
    Image via www.helpe.gr

    EconomyMacroeconomy

    supply was down 1.4 percent and food products increased by 1.1 percent. Goods sold to the foreign market

    10%

  4. Nov sees rise of 2 pct YoY in retail sales, up 2.7 pct MoM
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales resumed growth in November with a rise of 2 percent year-on-year (YoY), after a drop of 0.5 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index also had a rise of 1.1 percent YoY. Volumes have decreased annually

    10%

  5. NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
    Image: NBG

    EconomyBanking

    National 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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  6. Energy leads drop as import price index falls by 0.5 pct YoY in Feb

    EconomyMacroeconomy

    dropped by 1.5 percent and rubber and plastic products dropped by 1.1 percent. The monthly movements were

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  7. Mitsotakis launches mini-support package in bid to create positive momentum

    PoliticsGreek Politics

    spending measures starting in the current fiscal year. The measures total 1.1 billion in extra spending

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  8. PM set on sharing out more economic benefits in bid to recover support
    Photo by MacroPolis

    PoliticsGreek Politics

    The 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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  9. Newsletter 460 - 02/05/2025

    Newsletters

    euros, local governments at 2.05 billion euros and social security funds at 1.1 billion euros. Greece

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  10. Fiscal data impressive but details suggest caution still required

    EconomyMacroeconomy

    and social security funds at 1.1 billion euros. Greece’s fiscal picture has been consistently improving

    10%