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  1. CPI drops in Jun on back of lower energy costs, but food prices continue to climb
    Photo by MacroPolis

    EconomyMacroeconomy

    consecutive months. In June 2022, the CPI was up by 12.1 percent YoY as the wave of inflation was in full.... Month-on-month, the HICP was up by 0.9 percent. In June, the annual CPI movement was led by an 12.2... increased by 7.7 percent. These were partially offset by a sizable drop of 11.7 percent in housing due

    8%

  2. Industrial production growth slows to 1.4 pct annually in May, only manufacturing expands
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    points to 4.3, after a 2.2 points drop in May. Since July last year, industry confidence is up by almost... (ELSTAT) data released on Monday. The index has been growing in all five months of 2023. Up to May 2023, the index is up by 2.1 percent annually. Month-on-month (MoM), the seasonally adjusted index

    8%

  3. CPI resumes upward trajectory in July, food inflation at 12.3 pct
    Photo via Flickr https://flic.kr/p/6KMfsR

    EconomyMacroeconomy

    monthly for the previous five consecutive months. In July 2022, the CPI was up by 11.6 percent YoY... by 5.2 percent and health increased by 7.8 percent. These were partially offset by a sizable drop... there was a notable drop in electricity that was down 16.2 percent annually, while natural gas also

    8%

  4. CPI maintains upwards trend with 2.7 pct rise in Aug, food inflation at 10.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    in August, from 1.1 percent decrease in July. In August 2022, the CPI was up by 11.4 percent YoY... drops, rising by 1.6 percent. These were partially offset by a sizable drop of 12.6 percent in housing... down by 3.1 percent. In August there was a notable drop in electricity that was down 6.5 percent

    8%

  5. S&P awards investment grade, bringing arduous cycle for economy to a close
    Photo by MacroPolis

    Economy

    in May 2010. S&P moved Greece up by one notch to ‘BBB-‘, with a stable outlook. After the upgrade... that will underpin the growth outlook in the period up to 2026 and will keep the debt trajectory..., a development that would affect the debt reduction effort. The debt load is expected to drop to 146 pct

    8%

  6. Lower repos push debt down to 402.88 bln in Q3, bonds rise by 2.5 bln

    EconomyMacroeconomy

    Greece’s central government debt recorded a drop of almost 2 billion euros to 402.88 billion euros... reflect a drop of nearly 4 billion euros in repos and lower FSM loans by half a billion, partially offset by 2.5 billion euros of more bonds. FSM loans continue to make up the bulk of the total, accounting

    8%

  7. How Greece reduced its unemployment rate to less than 10 pct
    Image: MacroPolis

    Agora

    and commerce fully reflect the property market’s difficulties, which saw prices drop by 40 pct... sector as it offered employment opportunities snapped up by immigrants in the run-up to the debt... for 2021 by ELSTAT shows a significant drop in foreigners, with some 100,000 fewer Albanians, 40,000 fewer

    8%

  8. Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar

    EconomyMacroeconomy

    recorded a decrease of 1.3 percent, after a drop of 1.7 percent in the previous month. The annual.... while water supply was up by 1.6 percent. Electricity supply recorded a strong rise of 8.2 percent. The manufacturing index drop was in wearing apparel, textiles, tobacco products, basic pharmaceutical

    8%

  9. Central govt debt drops to 405.54 bln in Q1, bonds rise by 3bln

    EconomyMacroeconomy

    Greece’s central government debt recorded a drop of roughly 1 billion euros to 405.54 billion euros... reflect a drop of nearly 2.5 billion euros in repos and lower Financial Stability Mechanism (FSM) loans... up the bulk of the total, accounting for 56 percent. The value of FSM loans came to 227.11 billion

    8%

  10. Newsletter 432 - 06/09/2024

    Newsletters

    by one percentage point next year, rather than the 0.5 that had been planned. Another 0.5-point drop.... The ministry said that Greece had the largest drop in unemployment, the cumulative growth.... MacroeconomyCharts of the weekGDP Greek GDP grew by 1.1 pct quarter-on-quarter (QoQ), picking up pace from

    8%