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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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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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Industrial turnover dives 18.3 pct in Aug for highest drop in almost 5 years
EconomyMacroeconomy- and the fifth this year - double-digit drop rate. It is also the highest negative reading since October 2009... though that the latter makes up just a fraction of the total industrial turnover with a negligible...) and other transport equipment (+34.3 percent). On the flipside, the biggest drop was posted
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Notable drop of 13.3 pct in industrial turnover in January
EconomyMacroeconomyAfter a modest drop by 1.3 percent in December, the decline in Greece’s Turnover Index plummted... makes up just a fraction of the overall index. The industrial turnover in both the domestic... months. This is mainly attributed to a drop in output and incoming new orders, a slight decrease
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Apartment prices fall by 1.5 pct in Q3 for slowest drop since 2009
EconomyMacroeconomy, following a revised drop of 2.6 percent in Q2, Bank of Greece (BoG) data showed on Monday... that prices in new apartments (up to 5 years old) dropped at a sharper pace of 1 percent quarter... annual drop of 11.7 percent was posted in 2012, while apartment prices have also posted a double
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PMI falls to 46.7 in Mar on drop in new orders but outlook positive for next months
EconomyMacroeconomyto a sharp drop in new orders, further decline in output and reduced employment. However, Greek firms... uncertainty resulted in reduced purchasing activity and further drop in pre-production inventories... be a positive conclusion to the current bailout negotiations which could help to firm up client demand.”
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