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Led by manufacturing and electricity, Industrial Production rises by 10.5 pct YoY in Oct
EconomyMacroeconomy, with June’s print being the first negative reading since December 2022 and stayed in contraction for three... in November. Since December last year, industry confidence is down by almost 4 points. In addition
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Newsletter 407 - 12/01/2024
experienced a further marginal drop by 0.4 points to 106 in December. The index remains some distance from... recovered by 5 points to -40.3 in December, though it is some distance from the pre-pandemic level
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PDMA taps markets for first time this year via modest bond reopening
Economyon December 4. The initial benefits of the upgrade already started to become visible before the festive... on December 22. Last year’s first move was a 10-year benchmark of 3.5 billion euros with a yield of 4.28 pct
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PM changes tune on inflation, ready to take further steps
PoliticsGreek Politicspct year-on-year (YoY) in December, up from 3 pct in the previous month. The aggregate CPI for 2023 was 3.5 pct in 2023. ELSTAT’s index for food prices was up by 8.9 pct YoY in December, barely changed
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Opinion polls show drop in support for ND, continuing concern about inflation
PoliticsGreek PoliticsTwo opinion polls published on Thursday indicate that there has been a rare decline in support for the ruling New Democracy party since December as voters remain unhappy about efforts to contain... for the conservatives has dropped from 30.9 pct in December to 28.2 pct this month. There were minor declines
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Retail sales make marginal YoY gains in Nov, volumes continue to fall sharply
EconomyMacroeconomyin December, consumer confidence took another dip to -46.3 in January. Consumer confidence moves away once... points in December.
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Newsletter 413 - 23/02/2024
moderated. Nevertheless, the deficit was high in the last two months of 2023, at 2.25 bln in December... turnover The decline in industrial turnover accelerated in December last year, falling by 7.2 pct
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Jan sees sharp drop of 5.24 bln in deposits, led by corporations
EconomyMacroeconomyThe net private sector deposits in the Greek banking system contracted significantly in January with a drop of 5.24 billion euros, after a 6.38 billion euros jump in December, based on the latest... euros to 198.05 billion euros, after a 5.31-billion euros rise in December.
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Retail sales recorded 3.7 pct rise in 2023, but volume dropped by 3.3 pct
EconomyMacroeconomyGreece’s retail sales made strong gains in December, in line with the seasonal trend, with a rise of 7.3 percent year-on-year (YoY), after an upwards revised growth of 1.7 percent in November.... The volume’s monthly movement was up by 3.1 percent. Compared to December 2022, automotive fuel was down
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Producer prices drop for 11 months straight, down 6.6 pct in Jan
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for eleven successive months in January, dropping by 7 percent year-on-year (YoY), after falling by 6.6 percent in December, ELSTAT data showed.... Month-on-month (MoM), the index rose by 0.9 percent, after it was unchanged in December. Over
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