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  1. Tracking Greece's fiscal performance
    Photo by MacroPolis

    Agora

    (and the drop in debt relative to GDP) will persevere. The primary balance. Figure 2 shows the general... on the debt has fallen over time from 6.6 percent in 2000 to 1.3 percent in 2022-Q2. The drop in nominal... on government borrowing dropped precipitously through 2008. This sharp drop in real borrowing costs

    3%

  2. Rise in import prices slow further to 15.7 pct YoY in Nov
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , the index posted a sharp drop of 7.4 percent, after a rise of 1.5 percent in the previous month. The index now has four monthly contractions since May, recording the sharpest monthly drop since March 2020... percent increase. The monthly movements were led by a 20.6 percent drop in electricity and gas

    3%

  3. Deposits record growth of 5 bln in Dec, balance at highest since summer 2011
    Photo via https://flic.kr/p/MsYXsT

    EconomyMacroeconomy

    with a jump of 5 billion euros, after a drop of 591 million euros in November, based on Bank of Greece (BoG) figures released on Friday. After the first back-to-back drop since March this year, December... billion euros to 196.74 billion euros, after a drop of 694 million euros in November.

    3%

  4. CPI stable at 7 pct in Jan as food inflation persists
    Photo by MacroPolis

    EconomyMacroeconomy

    and 6.5 percent in clothing and footwear. These were partially offset by a rare drop in housing by 0.1 percent and a drop of 1.3 percent in communication. In January there was a notable drop in electricity

    3%

  5. Unemployment drops to 10.8 pct in Jan, lowest since debt crisis began
    Photo via https://flic.kr/p/2cusZK8

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate experienced a notable drop in January, falling... fewer unemployed people in January compared with the same month of 2021, amounting to 501,948, a drop...-on-year and came to 13.9 percent, while the rate for men stood at 8.3 percent, a drop of 1.7 pps year

    3%

  6. CPI slows to 6.1 pct in Feb as energy moderates, but rising food prices persist

    EconomyMacroeconomy

    offset by a consecutive drop in housing by 4.9 percent and a drop of 1.6 percent in communication. In February there was a notable drop in electricity that was down 22.4 percent annually, while

    3%

  7. Price rises moderate further in Mar on annual basis, but pick up MoM
    Photo by MacroPolis

    EconomyMacroeconomy

    and health up by 5.6 percent. These were partially offset by a consecutive drop in housing by 10.4 percent and a drop of 1.9 percent in communication. In March there was a notable drop in electricity

    3%

  8. March sees first retail sales fall for two years, volumes show consumption diving
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales turned negative for the first time since 2021, with a marginal drop of 0.3.... The inflationary effects are reflected in volumes, with fuels down by 6.9 percent, an 11 percent drop in foods..., economic sentiment (ESI) recorded a minor drop of 0.6 points in May, falling to 108.1 points, after

    3%

  9. Newsletter 385 - 16/06/2023

    Newsletters

    . They were to return only when unemployment would drop below 10 pct. The latest Stability Programme... May 2019 employment has increased by an impressive 19 pct, despite the 6 pct drop that was observed... and started to slide since. Month-on-month import prices posted a drop of 0.7 pct. Energy dropped

    3%

  10. Retails sales contract 1 pct in June, volumes fall as food dips by 6.2 pct YoY

    EconomyMacroeconomy

    Greece’s retail sales turned negative in June, posting a drop of 1 percent year-on-year (YoY... on Thursday. The corresponding volume index recorded a sharp drop of 7.6 percent. June is the second negative..., with fuels up by 2.5 percent, a 6.2 percent drop in foods and non-food down by 3.6 percent. According

    3%