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  1. Trade deficit widens in May as exports contract by 15.4 pct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 11 percent year-on-year (YoY) in May, after a solid drop of 22.9 percent in April, according to data released by ELSTAT on Friday. The deficit came to 2.94 billion euros for May. Imports totalled 7 billion euros, dropping by 13.6 percent YoY. Exports

    7%
  2. Industrial production growth slows to 1.4 pct annually in May, only manufacturing expands
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in May recorded a drop of 0.6 percent, from a decrease of 1.9 percent in the previous month... points to 4.3, after a 2.2 points drop in May. Since July last year, industry confidence is up by almost

    7%
  3. Import prices fall sharply in May as energy drops by 40.5 pct

    EconomyMacroeconomy

    rises, this year’s numbers have a significant base effect. Month-on-month, the index posted a drop... percent, refined petroleum products with a drop of 8.2 percent and extraction of oil and natural

    7%
  4. Newsletter 390 - 21/07/2023

    Newsletters

    refuse to drop and have been even growing for the last three months, despite the tamed energy prices... accelerated in May, falling by 13.6 pct, after a drop of 7.6 pct in the previous month

    7%
  5. Eurobank's NII jumps by 56.2 pct in H1 to more than 1 bln
    Photo by MacroPolis

    EconomyBanking

    Eurobank posted an adjusted net profit of 598.5 million euros in H1 2023, compared to a profit of 755 million euros last year, a drop of 20.7 percent. The profit was adjusted by normalising other... and restructuring costs. Net profit was 684 million euros vs. 940.7 million euros in 2022, a drop of 27.3

    7%
  6. Unemployment rate hits 11.1 pct in June as recovery loses steam
    Photo by MacroPolis

    EconomyMacroeconomy

    , amounting to 523,409, a drop of over 10 percent. Unemployment is now approaching the half million-mark..., a drop of just 0.2 pps year-on-year. Youth unemployment dropped by 8 pps year-on-year to 23.6 percent

    7%
  7. CPI resumes upward trajectory in July, food inflation at 12.3 pct
    Photo via Flickr https://flic.kr/p/6KMfsR

    EconomyMacroeconomy

    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

    7%
  8. Industrial production drops for first time in 2023, down 3.6 pct in June
    Image via www.viohalco.com

    EconomyMacroeconomy

    ), the seasonally adjusted index in June recorded a drop of 1.5 percent, after a contraction of 0.6 percent... percent and 0.6 percent in manufacturing. The manufacturing index drop was in coke and refined

    7%
  9. Economic sentiment improves marginally in Aug, consumer confidence takes 7-point tumble

    EconomyMacroeconomy

    unchanged at 115.3 points in August, after a sharp drop of more than 8 points in July. The EEI is up... a 6.6-point drop to 38.4, after an 8.4-point rise in July. Services confidence is now 4.5 points

    7%
  10. Strong tourism season has little impact on unemployment, hovering at 10.8 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    compared with the same month of 2022, amounting to 512,721, a drop of 12.5 percent. Unemployment... the rate for men stood at 8.7 percent, a drop of 0.7 pps year-on-year. Youth unemployment dropped by 6

    7%