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  1. Greece - Some structural macroeconomic arithmetic
    Photo by MacroPolis

    Agora

    , as we saw above. With 2 percent inflation, that makes for 2¾ percent nominal growth. If the 60 percent

    2%

  2. Aug sees second annual drop in building activity with 4 pct decline
    Photo by MacroPolis

    EconomyMacroeconomy

    in February, which saw the first annual decline since July last year. The total number of permits issued

    2%

  3. 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

    2%

  4. Building activity returns to growth in Sep, up 9 pct in 9M
    Image: MacroPolis

    EconomyMacroeconomy

    Building permits returned to growth in September, rising by 6.2 percent year-on-year (YoY), after a drop of 4 percent in August, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Thursday. Permits have been growing annually this year except in February, which saw

    2%

  5. Dependency on tourism highlighted by negative hiring balance of 82,463 in Nov

    EconomyMacroeconomy

    Greece’s employment balance stayed negative in November, with 82,463 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in November last year saw 83,627 more departures, suggesting a year-on-year improvement of 1,164 jobs. Total

    2%

  6. Despite months of input cost declines, rise in agriculture prices doubles to 3.8 pct in Nov

    EconomyMacroeconomy

    , with animal feed also down by 8.7 percent. The rest of the components saw increases, with other goods

    2%

  7. Opinion polls show drop in support for ND, continuing concern about inflation
    Image: MacroPolis

    PoliticsGreek Politics

    . PASOK has overtaken SYRIZA, with support of 10.7 pct against 10.5 after the leftists saw their backing

    2%

  8. Building permits pick up pace in Oct with 8.7 pct growth
    Image: MacroPolis

    EconomyMacroeconomy

    Building permits picked up pace in October, rising by 8.7 percent year-on-year (YoY), after a rise of 6.2 percent in September, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. Permits have been growing annually this year, except in February, which saw the first

    2%

  9. Newsletter 410 - 02/02/2024

    Newsletters

    PoliticsProtesting farmers open new front for governmentThe government saw a new front open this week in its battle to maintain political stability as farmers took to the streets to protest against what they feel are grave threats to their livelihoods, but Prime Minister Kyriakos Mitsotakis and his

    2%

  10. Labour market improves further in 2023, with 43,802 more hirings
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s employment balance turned positive in December, with 18,496 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in December last year saw 8,867 more hires, suggesting a year-on-year improvement of 9,629 jobs. Total hirings

    2%