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Growth of retail sales slows to 8.8 pct in Dec amid decline in volume of food sold
EconomyMacroeconomyin volumes, with fuels down by 1.9 percent, a drop in food by 4.6 percent and non-food up by 4.1.... Compared to December 2021, automotive fuel was up 6.6 percent, non-food was up by 10.9 percent and food sales were up by 7.7 percent. Retail sales were led by 17.4 percent in pharma products, a 16.3
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Newsletter 386 - 23/06/2023
suggest that up to nine parties have a chance of winning seats, although no more than seven have a strong chance. Even then, though, New Democracy’s support would need to drop to close to 38 pct, from... Solution picking up some voters who backed New Democracy in the last election. However
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Newsletter 397 - 13/10/2023
the period up to 2027, a significant rise from the 0.8 pct average of the five-year pre-pandemic period... privatisations. Earlier in the summer, Fitch placed the average growth outlook to 2-2.5 pct up to 2026, driven... will in fact pick up pace next year, rising to 3 pct, from 2.3 pct this year. Investments are seen moving
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Economic sentiment slides by 0.4 pts again in Dec, consumer confidence improves
EconomyMacroeconomyGreece’s economic sentiment (ESI) experienced another marginal drop of 0.4 points in December... Over the rolling 12-month period, the ESI in December was just 0.1 points up from the 105.9 points of January 2023. The EU average ESI stood at 95.6 points in December, up from 93.8 points
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Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
EconomyMacroeconomyconsumption in 2024 is seen growing by 1.7 pct, exports are estimated up by 4.2 pct and imports will rise... rising by 1.6 pct, investments up by 8.4 pct, exports rising by 4 pct and imports also up by 3.6 pct... will drop further to 1.57 billion euros, or 0.6 pct of GDP, from 2.26 billion euros at 1 pct of GDP
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Mitsotakis delivers major tax-cut package as he seeks to stay course for another term
PoliticsGreek Politicsannounced by the PM: A universal 2-point drop in income tax (excluding the 9% introductory bracket... for under-25s earning up to 20,000 euros, and a 9 pct rate (instead of 22%) for 25–30 year-olds... more lenient criteria. The new income tax scale will be as follows: Up to 10,000 euros: rate of 9
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Producer prices rise marginally by 0.1 pct YoY as all components bar energy increase
EconomyMacroeconomywith a jump of 48.8 percent annually. Month-on-month (MoM), the index was up by 1.8 percent, from a drop of 0.3 percent in the previous month. Over the rolling 12-month period, the index is up by 0.1 pct, from unchanged previously. The products sold in the domestic market were up by 0.9 percent, led
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Industrial turnover and new orders indices rebound for second straight month
EconomyMacroeconomywas energy (up 7.7 percent), while capital goods and consumer durables turnover recorded the highest drop... indices recorded a drop of 1.0 and 4.9 percent respectively. The rise in the industrial turnover... not disclose New Orders’ data for the energy sector, with intermediate goods and capital goods (up
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Greeks not self-inflicting HIV but new cases have been rising markedly
Societyinternational news outlets picked up on the initial claim and this kind of bad news tends to stick..., drug users made up the majority of new HIV cases in Greece. They were 47.8 percent of the total cases... be a drop in the number of HIV cases in Greece for the first time in over a decade. KEELPNO said
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Greek GDP shrinks 3 pct in Q3, on course to contract by 4 pct in 2013
EconomyMacroeconomyconsumption retreated 8.1 percent in the quarter leading to a 6.6 percent drop in total final... exports of services up 8.8 percent from -1.6 percent in the second quarter. Unlike the previous two... period on mid single-digit rise in exports and drop in imports. Similarly to the way GDP has evolved
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