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Building permits turn positive in June, but rise for H1 settles at just 1.3 pct YoY
EconomyMacroeconomyis lower by 11.2 percent while volume is also down by 2.5 percent. This is a much more modest construction... by 2.9 points to -31.9. Construction is now 41.8 points down from September last year.
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Newsletter 355 - 14/10/2022
and there is no indication of prices slowing down any time soon. All estimates by international... and the slow down next year is only attributed to comparisons with the high base set in 2022. Additionally
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Deposits up to highest since 2011 after 2.27 bln rise in Sep
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in September accelerated to 2.27 billion euros, after it had slowed down to just 89 million euros in August, and 483 million euros... to 2.54 billion and other deposits were down by 278 million to 23.9 billion. There was a reversal
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Cost-of-living protest adds to government's concerns
PoliticsGreek Politicsfor the authorities to cap energy prices, bring down consumption taxes and VAT, bring forward increases... his business activities, has not gone down well with a lot of voters. This was quickly followed
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CPI slows to 9.1 pct YoY as electricity and natural gas prices drop MoM
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) grew by 9.1 percent year-on-year (YoY) in October, slowing down from the jump of 12 percent in September, according to the data released on Thursday... in September. Month-on-month the HICP was down by 1.2 percent. In October, the annual CPI movement
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EC cuts 2023 growth forecast by more than half to 1 pct
EconomyMacroeconomyinflation is seen at 10 pct for 2022 and 6 pct for 2023, slowing down to 2.4 pct in 2024... expected to slow down as European partners and the global economy will experience their own
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Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
EconomyMacroeconomy. Spending is contained by almost 2 billion euros, primarily due to winding down most of the pandemic..., at 159.3 pct of GDP, down from 168.9 pct of GDP in 2022 and compares to the previous high in 2020
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Building activity back to growth in Aug, but year-to date remains subdued
EconomyMacroeconomyby 12 percent while volume is also down by 4.3 percent. This is a much more modest construction activity... recovered by 3.1 points to -26. Construction is now 22.8 points down from November last year and off
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Inflation drives up retail sales by 10.5 pct in Sep, but MoM sees 0.6 pct drop
EconomyMacroeconomy, after an increase by 1.2 percent in the previous month. The volume’s monthly movement was down by 1... 12-month level is down by circa 14 points from the -38.2 of December last year. Retail trade regained
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Government determined to push through hospital reforms in pre-election legislative sprint
PoliticsGreek Politicsacross the medical and healthcare professions are warning that the changes will drive down the quality... to speak to Health Minister Thanos Plevris. Speaking on MEGA TV, Plevris sought to play down
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