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General govt primary cash deficit of 13.75 bln in November, arrears drop by 302 mln
EconomyMacroeconomywith a drop of 133 million euros. This was followed by tax refunds (-131 million), local governments... up the majority of the arrears for the month. Debt Central government gross debt rose by 4.74... billion euros in repos which came to 32.07 billion in November and made up 8.6 percent of the total
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Trade deficit records rare drop of 10.6 pct in Dec, widens by 50.7 pct for full year
EconomyMacroeconomyFor the first time in months, Greece’s trade deficit recorded a drop year-on-year (YoY), falling... deficit was up by 31.1 percent, at 26.08 billion euros. For the full year, imports from EU countries were up by 17.7 percent to 39.8 billion euros, while imports from non-EU markets were up by 68.3
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Economic sentiment posts modest drop in Mar, consumer confidence recovers strongly
EconomyMacroeconomyGreece’s economic sentiment (ESI) recorded a modest drop in March, falling by 0.8 points to 106.8... Expectations Indicator (EEI) jumped by over 3 points month-on-month to 122 points. The EEI is up by 7.7.... up 24.8 points from April last year. The construction confidence indicator posted a solid recovery
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Producer prices drop in Mar for the first time in over 2 years, led by energy
EconomyMacroeconomyon Friday. The index was in negative territory for most of 2020 and up to March 2021, when it grew annually...), the index decreased by 5.8 percent, after a drop of 3.3 percent in the previous month. This is eight..., chemicals increased by 2.4 percent and basic metals up by 3.3 percent. In the broader categories
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CPI stable at 2.3 pct in June, food prices drop below headline figure for first time since 2022
EconomyMacroeconomypercent, from a drop of 0.3 percent in May. In May 2023, the CPI was up by 2.8 percent YoY. The price... month. Month-on-month, the HICP was up by 1 percent. In June, the annual CPI movement was led by a 2.1... by 4.6 percent and health increased by 2.2 percent. Education was up by 3.5 percent. Housing costs
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Affected by drop in fuel sales, rise in retail figures moderates to 1.2 pct YoY
EconomyMacroeconomypercent drop in foods and non-food up by 3.4 percent. According to the latest business indicators... monthly movement was up by 0.4 percent. Compared to March 2024, automotive fuel was down by 6.7 percent... by 1.1 percent and food and beverages were up by 1.5 percent. Clothing and footwear also recorded a rise
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Producer prices contract 1.7 pct YoY in Aug due to energy drop
EconomyMacroeconomyGreece’s Producer Price Index (PPI) went further into contraction in August, with a drop of 1.7... annually, led by minerals up by 10.7 percent, pharmaceuticals by 8.7 percent and paper products up..., intermediate goods increased by 1.6 percent, capital goods were up by 1.2 percent, durables up
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Industrial production edges up 0.1 pct in September
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) edged up 0.1 percent in September, after an upward... percent. In contrast, electricity production, that makes up almost 21 percent of the IPI, fell by 2.8... on the total index. The biggest drop of 15 percent was posted by mining and quarrying production
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General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop
EconomyMacroeconomycontribution to the overall balance. Like the previous months, extrabudgetary funds made up the highest... billion euros at the end of May from 5.23 billion at the end of April, implying a modest drop of 1.8.... The recorded drop mainly reflects a reduction in the guarantees related to the Emergency Liquidity
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Sharp drop in gg primary surplus by end-April, arrears keep rising
EconomyMacroeconomy). This reflects a 13.8 percent drop in revenues to 10.43 billion, more than offsetting a 4.2 percent... and extrabudgetary funds recorded a slight drop in their arrears by 6 and 8 million respectively. Since the beginning... billion in April making up 88 percent of total gg guarantees. The remaining 12 percent of gg guarantees
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