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  1. CPI falls by 0.3 pct YoY in April; core index down 1.6 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for the last 13 months, with December’s 2.3 percent drop surpassing the previous lowest reading of -2.2... index fell by 1.5 percent YoY. The harmonised index of consumer prices (HICP) fell by 1.1 percent YoY... important contributors were clothing and footwear (-1.1 percent) and household equipment (-1.2

    8%
  2. Newsletter 333 - 01/04/2022

    Newsletters

    is needed in addition to last week’s 1.1 billion package, while 45 pct are unhappy with the nature... was forced to take further action, announcing a package of 1.1 billion euros, which was dominated... back-to-back with close to 2.5 billion euros of outflows, 2.2 billion of which in January. Private

    8%
  3. Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ

    EconomyMacroeconomy

    a downward revised 1.1 percent in the last quarter of 2022, provisional data from the Hellenic..., published mid-May, the Bank of Greece reiterates its growth outlook of 2.2 pct in 2023, with consumption... sees this year’s growth substantially revised from the 1.1 pct of January, and now it expects the Greek

    8%
  4. Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    , from 2.2 pct this year. CPI and HICP will converge next year to 2.6 pct, from the 4 pct region... balance will come to 2.1 pct of GDP, from 1.1 pct this year. The total deficit will halve to 2.49 billion euros, at -1.1 pct of GDP, from 4.78 billion euros, -2.1 pct of GDP, this year. Interest payments

    8%
  5. Newsletter 465 - 06/06/2025

    Newsletters

    intent by unveiling €1.1 billion in spending, including €600 million allocated to renters, pensioners... of 1.1 billion euros, with 600 million euros directed at a one-off handout to pensioners and the rebate... by 2.2 pct, from 2.5 pct in Q4 2024. The quarterly movements in Q1 were led by a rise of 1.2 pct QoQ

    8%
  6. Greek retail trade turnover index declined by 3.7 pct in December
    Photo by MacroPolis

    EconomyMacroeconomy

    ). The aggregate figures for the whole year displayed retail turnover and volume eased by 1.1 and 0.4... and footwear by 2.2 percent and pharmaceutical products and cosmetics also by 2.2 percent. Retail turnover has

    8%
  7. Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising
    Photo by MacroPolis

    Economy

    to 2.4 percent from 2.2 percent before. The Commission notes that the drop in oil prices... balance is now expected to post a deficit of 2.1 percent in 2015 and 2.2 percent in 2016 versus a surplus of 1.1 and 1.6 percent respectively forecasted before three months. Lower GDP growth and worsening

    8%
  8. Greek tourism's long-term growth prospects are good, report shows

    EconomyMacroeconomy

    to grow by 2.2 percent in 2016, with estimated international tourist arrivals at around 25 million. WTTC... visitor spending compared to 38.4 percent for domestic spending. The former is estimated to grow 2.2... to 817,000 in 2016 and then record an annual growth of 3 percent in the next ten years to around 1.1

    8%
  9. CPI falls at slightly higher pace of 1 pct in September

    EconomyMacroeconomy

    ). In contrast, the biggest rises in September prices were recorded in clothing and footwear (+2.2 percent), alcoholic beverages and tobacco (+1.5 percent) and hotels, cafes and restaurants (+1.1 percent... (+5 percent) and solid fuels (+2.2 percent). Compared to the previous month, CPI in September

    8%
  10. Economic sentiment and consumer confidence deteriorate in Feb
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) fell by 2.2 points in February after remaining stable... in February, returning to the same level as in November after a short-lived revival of 2.2 points...), while modest drops have been posted by consumer confidence (-1.4 points) and retail trade (-1.1

    8%