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  1. Newsletter 366 - 20/01/2023

    Newsletters

    in October was 5.63 pct, from 4.67 pct in December 2021. A new housing loan is now 3.69 pct, from 2.54 pct in December 2021. Sole proprietor loans in October were 6.3 pct, from below 5 pct in June 2022

    3%
  2. Sentiment edges up by 1.4 pts in Jan, consumer confidence unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) showed more signs of recovery in January, rising by 1.4 points to 104.9, after a downward revised 2.1 points to 103.5 in December, according to European Commission... from December. The recovery in Greece’s consumer confidence following the sharp pandemic drop

    3%
  3. Manufacturing remains in contraction at start of 2023, but at slowest rate since Oct

    EconomyMacroeconomy

    Greece’s Manufacturing PMI remained in contraction at the start of 2023 at 49.2 points, eased off though from the 47.2 points of December, according to S&P Global data released on Wednesday. December’s PMI marks seven months of decline in the operating conditions of the Greek manufacturing sector

    3%
  4. PASOK feels the squeeze as main rivals paint stark election dilemma
    Image: https://kinimaallagis.gr/

    PoliticsGreek Politics

    . The conservatives have gained 0.2 points since the end of December, while the left-wing opposition picked up 0.6.... The picture has changed significantly since December 2021, when PASOK reached 15.2 pct in the wake of Nikos

    3%
  5. Newsletter 370 - 17/02/2023

    Newsletters

    of 7 pct, from 7.2 pct in December. It is evident that energy pressure is moderating and the cost.... Import prices The growth of import prices slowed further in December, increasing by 11 pct year

    3%
  6. Producer prices slow further to 13.5 pct YoY in Jan, but rise MoM

    EconomyMacroeconomy

    The pace of Greece’s Producer Price Index (PPI) continued to slow in January, when it rose by 13.5 percent year-on-year (YoY), following a 16.5 percent increase in December, ELSTAT data showed.... Month-on-month (MoM), the index increased by 1.3 percent, after dropping by 2.4 percent in December

    3%
  7. Import prices stabilise at high levels in Jan with rise of 0.4 pct YoY

    EconomyMacroeconomy

    Greece’s import price index barely moved in January, as it rose by just 0.4 percent year-on-year (YoY), after a rise of 11 percent in December, according to data released by the Hellenic Statistical... (YoY), following a 16.5 percent increase in December. Month-on-month (MoM), the index increased by 1.3

    3%
  8. Feb sees back-to-back drops in deposits, landing 6 bln off recent high
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    , from 3.5 percent in January and 4.8 percent in December. The outstanding balance of private sector...-of-living crisis. That said, the sector is roughly 6 billion euros off the recent high in December

    3%
  9. Building permits up 5 pct in 2022, moderating from 26.6 pct rise in previous year
    Photo by MacroPolis

    EconomyMacroeconomy

    by the Hellenic Statistical Agency (ELSAT) on Tuesday. The total number of permits issued in December reached 2,519, from 2,170 in December 2021. The corresponding surface area increased strongly by 32.5

    3%
  10. Dissent in ND ranks as SYRIZA leader struggles to find stable pattern
    Photo by MacroPolis

    PoliticsGreek Politics

    it was a bad idea for Greece to be hosting Turkish President Recep Tayyip Erdogan on December 7... High-Level Cooperation Council on December 7, will have been particularly frustrating for Mitsotakis

    3%