Search
-
GDP rises by 2.3 pct QoQ in Q1 as consumption grows, but other components shrink
EconomyMacroeconomyand government spending was up by 1.8 percent. Investments shrunk by 1.5 percent. exports also dropped by 3.6 percent and imports declined by 5.6 percent. Export contraction was led by a drop in services... was due to a 5 percent drop in goods and 8.9 percent in imports of services. Compared to Q1 2021, all
9% -
Newsletter 363 - 16/12/2022
the centre-left grouping. Mitsotakis also stepped up his criticism of Androulakis by focussing on a comment... voters should be aware of these plans. The PM knows that many of the voters PASOK has picked up since... to pitfalls on economic pathJust as the Greek government gears up for the conclusion of the budget
9% -
Newsletter 374 - 17/03/2023
pct. SYRIZA suffered a 0.8-point drop since the last poll, while none of the parties seem to have..., which tends to hover around 10-12 pct in most surveys, is up to 16.3 pct in the GPO poll. An MRB poll... 2.5 points. In this survey, PASOK has edged up from 9 to 9.5 pct, while the undefined vote stands
9% -
CPI moderates to 3 pct, but food inflation persists at 11.4 pct
EconomyMacroeconomy-on-month, the CPI increased by 0.6 percent, from 1.2 percent in March. In April 2022, the CPI was up by 10.2 percent YoY as the wave of inflation was picking up momentum, hence the current moderation..., the HICP was up by 1.1 percent. In April, the annual CPI movement was led by an 11.4 percent increase
9% -
Newsletter 381 - 19/05/2023
election was due to wrap up on Friday with opinion polls indicating that New Democracy has...-nationalists Greek Solution end up with 3.3 percent. Around 9.7 percent of voters remain undecided... that no viable government could be formed. While ND and PASOK could team up, Prime Minister Kyriakos Mitsotakis
9% -
Wage rises become top issue but trajectory lined with obstacles
EconomyMacroeconomyto return only when unemployment would drop below 10 pct. The latest Stability Programme that the Greek... from the departing SYRIZA-led administration. It brought it up to 650 euros. Wages stayed unchanged... employment has increased by an impressive 19 pct, despite the 6 pct drop that was observed in 2020 due
9% -
Nov headline CPI at 3 pct, food price inflation three times higher
EconomyMacroeconomydecreased by 0.4 pct, from a rise of 0.6 percent in October. In November 2022, the CPI was up by 8.5 pct... and restaurants. Clothing and footwear jumped by 6.5 pct and health increased by 5.5 pct. Education was up by 3.5 percent. These were partially offset by a drop of 1.2 pct in housing costs due to price reductions
9% -
Late Easter helps retail sales rise by 14.3 pct YoY in May
EconomyMacroeconomypercent drop in April, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday..., the seasonally adjusted index rose by 10.8 percent, after a 5.9 percent drop in the previous month. The volume’s monthly movement was up by 10.6 percent. Compared to May 2023, automotive fuel was up by 17.7
9% -
Central govt debt at 404.29 bln thanks to drops in short-term notes and repos
EconomyMacroeconomyGreece’s central government debt recorded a drop of roughly 3 billion euros to 404.29 billion euros... billion euros, while other external loans grew by 2.3 billion euros. FSM loans continue to make up... in Q3, with a modest drop of less than half a billion from the previous quarter. Most of the FSM loans
9% -
Energy drives producer prices down by 1.1 pct YoY Sep as all other components rise
EconomyMacroeconomyannually. Month-on-month (MoM), the index was up by 0.2 percent, from a drop of 0.6 percent...Greece’s Producer Price Index (PPI) remained in contraction in September, with a drop of 1.1... by electricity down by 6.5 percent, pharmaceuticals up by 2.2 percent and electrical equipment up by 2.3
9%