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  1. Unemployment falls below 14 pct for first time since Oct 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    drop of 16.4 percent year-on-year. The inactive population decreased by 128,326 people year-on-year..., a drop of 2.5 pps year-on-year. Youth unemployment dropped by almost five pps year-on-year to 33.9

    6%

  2. IMF maintains cautious view on public finances, sees debt declining slowly
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    EconomyMacroeconomy

    a 10.5 pct total deficit last year. In the coming years, the deficit is expected to drop to 4.3 pct... more aggressive. The expect the debt level to drop to 156.9 pct of GDP by 2025. In part, this is due

    6%

  3. Retail sales grow for fifth month in a row but rate eases to 8.8 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    rise in pharmaceutical products and cosmetics. Automotive fuel only saw a volume drop of 3.5 percent... a 3.2-point MoM drop last month, down by 6.4 points to -44.7 points in October. Consumer confidence

    6%

  4. Manufacturing and electricity supply help keep industrial production buoyant in Sep
    Photo by MacroPolis

    EconomyMacroeconomy

    . Month-on-month (MoM), the index recorded an increase of 9.5 percent, from a 13.3 percent monthly drop.... These were partially offset by a 0.3 percent drop in water supply. Up to September, the IPI has increased

    6%

  5. Sharp rise in employed as unemployment falls to 13 pct in Sep, lowest since Aug 2010
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    EconomyMacroeconomy

    , as the number for the unemployed amounted to 609,501. Unemployment recorded a sharp drop of 21.7 percent year... to 16.9 percent. The unemployment rate for men stood at 9.8 percent, a drop of 3.6 pps year-on-year

    6%

  6. Amidst Covid and inflation uncertainty, 2022 budget looks forward to solid growth
    Photo by MacroPolis

    EconomyMacroeconomy

    70.85 billion this year and 68.72 billion euros last year. This is due to a sharp drop in transfers... stem from the three percentage points drop in social insurance contributions and abolishing

    6%

  7. Apartment prices rise 7.9 pct in Q3, continuing upward trend
    Image by MacroPolis

    EconomyMacroeconomy

    double-digit drop of -10.9 percent in 2013. The sharpest quarterly rate of decline was seen in Q1 2012, when apartment prices showed a YoY drop of 12.8 percent. Other indicators In other relevant data

    6%

  8. NBG profits up to 714 mln in 9M as NPE ratio is reduced further
    Photo by MacroPolis

    EconomyBanking

    in 2020, was up by 6 pct at 1.11 billion euros. Asset quality NPEs continued to drop, standing at 3.7... million euros, an 8 pct drop YoY. Balance Sheet Group deposits amounted to 51.09 billion euros in 9M

    6%

  9. Unemployment rate broadly stable at 13.3 pct in Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    a sharp drop of 20 percent year-on-year. The inactive population decreased by 25,547 people year-on-year...) year-on-year and came to 17.5 percent. The unemployment rate for men stood at 9.9 percent, a drop

    6%

  10. Wage growth halves to 1.2 pct in Q3

    EconomyMacroeconomy

    a marginal 0.2 percent drop in the previous quarter. The relevant figure for the same quarter in 2020 showed a drop of 1.5 percent. The index in Q3 came to 109.7, from 112.7 in Q2 and 111.8 in the end

    6%