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  1. June unemployment rate at 9.6 pct as seasonality favours labour market
    Photo by MacroPolis

    EconomyMacroeconomy

    of 2023, amounting to 456,663, a 15.8 percent drop. Unemployment dropped back below the half million... drop of 4,800 jobs. For the first half of 2024, the hiring balance was positive by 339,208 jobs

    2%

  2. Late Easter helps retail sales rise by 14.3 pct YoY in May
    Image: MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales jumped in May with a 14.3 percent year-on-year (YoY) rise, after an 1.3 percent drop in April, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday..., the seasonally adjusted index rose by 10.8 percent, after a 5.9 percent drop in the previous month. The volume

    2%

  3. Utilities and energy drive industrial production rise of 9.5 pct in June
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyMacroeconomy

    , after a drop of 3.4 percent in the previous month. The annual movement in the index reflects a 5.2... in water supply, partially offset by 0.8 percent drop in manufacturing and 5 percent in mining

    2%

  4. Unemployment rate edges up to 9.9 pct in July
    Image: MacroPolis

    EconomyMacroeconomy

    compared with the same month of 2023, amounting to 465,167, an 11.8 percent drop. Unemployment... last year saw 28,761 more hires, a year-on-year drop of 4,800 jobs. For the first half of 2024

    2%

  5. Newsletter 432 - 06/09/2024

    Newsletters

    by one percentage point next year, rather than the 0.5 that had been planned. Another 0.5-point drop.... The ministry said that Greece had the largest drop in unemployment, the cumulative growth

    2%

  6. Deposits resume growth in Aug, rising to 195.36 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The net private sector deposits in the Greek banking system resumed growth in August with a rise of 1.4 billion euros, after a 607-million-euro drop in July, according to the latest Bank of Greece... billion euros, after an 868-million euros drop in July.

    2%

  7. New medium term plan to 2028 sees tight fiscal path, moderate growth once RRF concludes
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    accelerating from 2.1 pct this year to 3.6 pct in 2025. The unemployment rate will drop to 9.7 pct in 2025... of this year. The longer-term horizon estimates debt-to-GDP to drop to just short of 115 pct of GDP

    2%

  8. PMI at 50.3 in Sept after falling for six straight months, posting weakest reading in a year

    EconomyMacroeconomy

    . Manufacturers responded with lower production volumes, leading to the first output drop in 20 months... production costs to customers. There was also a renewed drop in employment, and although job losses

    2%

  9. Newsletter 437 - 18/10/2024

    Newsletters

    recovery path since the 9.2 pct drop suffered in 2020 due to the COVID-19 outbreak. At constant 2020 prices... books.MacroeconomyChart of the weekMPI Energy drives the drop in import prices with a sharp decline

    2%

  10. Building activity returns to growth with 15.2 pct YoY rise in Jul
    Photo by MacroPolis

    EconomyMacroeconomy

    Building activity returned to growth in July, with a rise of 15.2 percent year-on-year (YoY), after a sharp drop of 1.7 percent in June, according to the data released by the Hellenic Statistical... in Eastern Macedonia and Thrace with 36.1 percent. The largest drop was in Central Greece with 24.4 percent

    2%