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GDP records first quarterly drop in Q3 since pandemic, 9M GDP up by 5.9 pct YoY
EconomyMacroeconomyStatistical Authority (ELSTAT) revealed on Wednesday. On an annual basis, Q3 GDP slowed down to 2.8 percent... was down by 0.6 percent. Investment grew by 2.4 percent. Exports decreased by 3.3 percent... by 6.2 percent YoY, while government spending was down by 2.9 percent annually. Export growth of 0.9
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Back-to-back gains for economic sentiment, ending 2022 with 104.3 pts
EconomyMacroeconomyand on a rolling 12-month level is down by circa 7.5 points from the -40.5 of January last year. The Employment Expectations Indicator (EEI) dropped by 4.6 points month-on-month to 105 points. The EEI is down... -5.1 points in November. Since January last year, industry confidence is down by roughly 13 points
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Sentiment edges up by 1.4 pts in Jan, consumer confidence unchanged
EconomyMacroeconomy12-month level is down by 9 points from the -38.9 of February last year. The Employment Expectations Indicator (EEI) jumped by 3.7 points month-on-month to 108.3 points. The EEI is down by 5.4 points... after six months of negative readings. Since February last year, industry confidence is down by roughly
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March sees first retail sales fall for two years, volumes show consumption diving
EconomyMacroeconomymonth. The volume’s monthly movement was down by 4.8 percent. Compared to March 2022, automotive fuel was down by 13.7 percent, non-food was up by 6.5 percent and food sales were down by 0.3 percent... and food and beverages increased by 8.7 percent. Supermarkets were down by 1.6 percent
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Producer prices for June increase in most categories aside from energy
EconomyMacroeconomyby refined oil products decreasing by 41.1 percent, electrical equipment down by 4.6 percent and electricity and gas supply up by 3.8 percent. Goods sold to the foreign market were down by 23.2 percent YoY, led by refined oil products that contracted by 44.8 percent, metal products down by 9.4 percent
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CPI resumes upward trajectory in July, food inflation at 12.3 pct
EconomyMacroeconomyannually, from 2.8 percent in June. Month-on-month, the HICP was down by 1 percent. In July, the annual..., while transport was also down by 3.7 percent. Communications were also down by 2.8 percent. In July there was a notable drop in electricity that was down 16.2 percent annually, while natural gas also
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Warning from producer prices as most categories rise YoY in July, index up 1.4 pct MoM
EconomyMacroeconomypercent annually, led by refined oil products decreasing by 30.4 percent, electrical equipment down by 8.7 percent and electricity and gas supply down by 1.8 percent. Goods sold to the foreign market were down by 16 percent YoY, led by refined oil products that contracted by 33.3 percent
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Monthly rise of 3 pct for producer price index in Aug prompts cost concerns
EconomyMacroeconomypercent annually, led by electricity and gas supply down by 16.5 percent, refined oil products that dropped by 15.4 percent and electrical equipment down by 7.2 percent. Goods sold to the foreign market were down also by 8.3 percent YoY, led by electricity and gas supply down by 23.1 percent, refined
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Industrial turnover records five months of contraction after 6.2 pct drop in Aug
EconomyMacroeconomyby 42.5 percent YoY, hence some base effects in this year’s rates. Manufacturing revenue was down by 6.1...-domestic market was down by 9.9 percent. In the domestic market, the drop in August was led by a 4... by 11.1 percent, led by decreases of 11.1 percent in manufacturing and mining and quarrying down
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Retail sales rise by 3.3 pct in Sep, but falling volume reflects challenges
EconomyMacroeconomymonthly movement was down by 0.8 percent. Compared to September 2022, automotive fuel was down by 6 percent, non-food was down by 0.7 percent and food sales were up by 11.9 percent. Retail sales were.... The inflationary effects are reflected in volumes, with fuels down by 6.7 percent, a 3.5 percent rise
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