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  1. Retail turnover falls by 2 pct in Apr, volume declines by 2.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index fell by 2 percent in April compared to an upward revised increase of 5.4 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The headline figure returns the index to negative territory after March’s positive reading, which was the first

    34%
  2. Retail turnover falls by 2 pct in May, volume drops by 2.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index fell by 2 percent in May, almost at the same rate as April when the downward revised drop came to 1.9 percent, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The headline figure marks two consecutive negative readings. The corresponding volume index

    34%
  3. Government compromises on 2 pct rise for minimum wage
    Photo by Gerasimos Domenikos/Fosphotos

    PoliticsGreek Politics

    It was confirmed at a cabinet meeting on Monday that the minimum wage will rise by 2 pct, a symbolic increase that is the result of the government’s unwillingness to leave salaries unchanged but also its desire not to come into conflict with business owners who are being tested by the pandemic

    34%
  4. Manufacturing slips into contraction for first time since early 2021 as PMI drops by 2 pts in July
    Photo via https://flic.kr/p/N3FV1

    EconomyMacroeconomy

    Greece’s Manufacturing PMI dropped by 2 points to 49.1 in July, according to S&P Global data released on Monday. July’s PMI captured the first decline in operating conditions since February 2021, stopping a nearly year-and-half period of expansion and indicating a downturn of the conditions

    34%
  5. Producer prices drop in Mar for the first time in over 2 years, led by energy

    EconomyMacroeconomy

    percent, capital goods were up by 2 percent, non-durables up by 8.4 percent and durable consumer goods

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  6. Budget primary surplus comfortably beats target in May as taxes outperform by 2 bln
    Finance Ministry

    EconomyMacroeconomy

    stood at 26.24 billion euros, beating the target by 2.94 billion euros. Taxes beat the target by 2

    34%
  7. Energy forces import prices upwards again with 2 pct increase YoY in Apr

    EconomyMacroeconomy

    Greece’s import price index stayed on positive ground in April, rising by 2 percent year-on-year (YoY), after a 1.3 percent increase in March, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. After 13 months of consecutive negative readings the index resumed

    34%
  8. Nov sees rise of 2 pct YoY in retail sales, up 2.7 pct MoM
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales resumed growth in November with a rise of 2 percent year-on-year (YoY), after a drop of 0.5 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index also had a rise of 1.1 percent YoY. Volumes have decreased annually

    34%
  9. Growth of industrial production moderates to 2 pct YoY in Jan

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) slowed in January with a 2 percent year-on-year (YoY) rise, after a 5.8 percent increase in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. The index has been in annual growth continuously since March 2024

    34%
  10. Rise in producer prices accelerates to 2 pct YoY in May for fifth straight increase
    Photo via https://flic.kr/p/5Wq2VT

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) picked up pace in May, with a rise of 2 percent year-on-year (YoY), after an increase of 0.5 percent in April, ELSTAT data showed on Monday. This is the fifth consecutive positive reading after a period of contraction that started in March 2023. The index had

    34%