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  1. In first contraction since Oct 2020, Jan IPI falls by 10.9 pct MoM
    Photo by MacroPolis

    EconomyMacroeconomy

    by a 21.5 percent drop in mining and quarrying index, a 6.7 percent decrease in the Electricity Supply Index, followed by 0.02 percent drop in water supply. These were offset by a 2.6 percent increase

    2%

  2. Unemployment rate unchanged at 12.8 pct in Jan, employment rises by more than 300,000 YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    , as the number of unemployed amounted to 587,152. Unemployment recorded a sharp drop of 17.4 percent... percent, a drop of 3.6 pps year-on-year. Youth unemployment dropped by 12.6 pps year-on-year to 32.6

    2%

  3. Car sales accelerate by 38.3 pct YoY in Feb, led by used vehicles

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time increased by a notable 38.3 percent year-on-year (YoY) in February, after a drop of 8.7 percent in January, according to Hellenic... was a drop of 16.4 percent. Car sales in February came to 18,521 compared to 13,464 last year, a rise

    2%

  4. NBG reports profits of 833 mln in 2021
    Photo by MacroPolis

    EconomyBanking

    to drop, standing at 2.1 billion euros at the end of 2021, from 4.3 billion euros at the end of last... euros. Operating expenses in 2021 were limited to 783 million euros, a 6 pct drop YoY. Balance Sheet

    2%

  5. Industrial production returns to annual growth in Feb, rising by 4.6 pct, after blip
    Image via www.viohalco.com

    EconomyMacroeconomy

    percent, after a drop of 11.1 percent in January. The annual movement in the index was led by a solid... in mining and quarrying and a drop of 3.9 percent in electricity supply. The monthly movement

    2%

  6. Piraeus Bank reaps reward of 2021 balance sheet clean-up as net profit reaches 520 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    income (NII) came to 286 million euros in Q1, versus 366 million euros last year, a drop of 22 pct... by 42 pct to 583 million euros. Total operating expenses stood at 199 million, a drop of 6 percent YoY

    2%

  7. Labour market on mend as March unemployment rate eases to 12.2 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    unemployed people in March compared with the same month of 2021, amounting to 582,001, a drop of 21.2... the rate for men stood at 9.2 percent, a drop of 3 pps year-on-year. Youth unemployment dropped by 14.3

    2%

  8. Newsletter 340 - 03/06/2022

    Newsletters

    on the economic outcome of 2022. MacroeconomyCharts of the weekEconomic sentiment Following a sharp drop... to summer 2017. The most notable drop was in construction, where confidence plummeted by 19.3 points

    2%

  9. GDP rises by 2.3 pct QoQ in Q1 as consumption grows, but other components shrink

    EconomyMacroeconomy

    percent and imports declined by 5.6 percent. Export contraction was led by a drop in services... was due to a 5 percent drop in goods and 8.9 percent in imports of services. Compared to Q1 2021, all

    2%

  10. Newsletter 341 - 10/06/2022

    Newsletters

    contraction was led by a drop in services exports, which decreased by 5.4 percent QoQ. Exports of goods dropped by 0.3 percent QoQ. Import decline was due to a 5 percent drop in goods and 8.9 percent in imports

    2%