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  1. Impact of pandemic, lockdowns reflected in lower household spending during 2020
    Photo by MacroPolis

    Society

    was seen in clothing and footwear, which shrank by 64.3 pct, closely followed by durables down by 62.7 pct. Recreation and culture follow with a drop of 54.5 pct and restaurants, cafes and hotels down... access to certain types of spending as certain activities were shut down during the lockdown in April

    3%
  2. Economic sentiment sees marginal recovery in Aug as most sectors face challenging conditions
    Photo by MacroPolis

    EconomyMacroeconomy

    from the previous month. The euro area’s ESI was 97.6 points, down by 1.3 points from July...) fell sharply in August by 9.6 points and came to 102.6. The EEI is down by 9.4 points in the rolling... -0.2 in July. Since September last year, industry confidence is down by 3.7 points. The services index

    3%
  3. Economic sentiment recovers 3.4 pts in Sept, buoyed by rise in services
    Photo by MacroPolis

    EconomyMacroeconomy

    sharply by 3.5 points from the previous month. The euro area’s ESI was 93.7 points, down by 3.6... is down by circa 11 points from the -39.8 of October last year. The Employment Expectations Indicator (EEI) improved by 1.8 points month-on-month to 104.3 points. The EEI is down by 13.6 points

    3%
  4. Tracking Greece's fiscal performance
    Photo by MacroPolis

    Agora

    needs to come down, and when that happens, it remains to be seen if the overall fiscal balance... in 2009-2010, both because the market jacked up Greece’s borrowing costs, and because inflation came down... conditions in Greece and a resumption of growth, real interest rates drifted down again, closely following

    3%
  5. Macroeconomic fundamentals for Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    . And, what should be the fiscal primary balance that aligns with the need to bring down the towering debt...). In a cyclical context, the population and WAP in Greece may have bumps up and down from year to year... the crisis in 2010-2015. As already noted, to get this number down further would require deeper labor

    3%
  6. Growth in car sales slows to 1.1 pct in April
    Photo by David Rankin https://flic.kr/p/AntsE2

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time slowed down considerably in April.... The remainder was made up of lorries (2,071) down by 8.7 percent and buses (65) down 43.5 percent... passenger car sales down by 5.4 percent. New buses and lorries were down by 39.1 and 13.1 percent

    3%
  7. Industrial turnover falls by 7.4 pct YoY in April for first drop since early 2021
    Photo via https://flic.kr/p/2iUFUMF

    EconomyMacroeconomy

    , the index posted the highest growth on record. Manufacturing revenue was down by 7.6 percent... in the domestic market decreased by 2.9 percent, while the non-domestic market was down by 14.4... of 12.1 percent in manufacturing and mining and quarrying down by 30.7 percent. Monthly, the domestic

    3%
  8. Despite annual drop in Sep, producer prices rise for 4 consecutive months
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    market dropped 4.8 percent annually, led by electricity and gas supply down by 12 percent, electrical equipment down by 7 percent and refined oil products that dropped by 6.9 percent. Goods sold to the foreign market were down also by 2.9 percent YoY, led by electricity and gas supply down by 19

    3%
  9. Industrial turnover completes eighth month of contraction in Nov, falls 2.7 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    by 18.2 percent YoY, hence some base effects in this year’s rates. Manufacturing revenue was down by 2.6 percent, with the mining and quarrying also down by 7 percent. Manufacturing turnover decreases... was down by 2.5 percent. On a monthly basis, industrial turnover in the total market decreased by 2

    3%
  10. Newsletter 412 - 16/02/2024

    Newsletters

    in natural gas and electricity as part of housing costs. Natural gas is down by 60.2 pct compared... used in production were down by 5.3 pct, while the cost of agricultural investments has gone up by 4.6... slowed down in January, with the CPI rising by 3.1 pct, from 3.5 pct in December. Growth rates

    3%