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CPI moderates to 3 pct, but food inflation persists at 11.4 pct
EconomyMacroeconomyin electricity, natural gas and heating oil. In March there was a notable drop in electricity that was down 29.9 percent annually, while natural gas also dropped by 25.1 percent. Heating oil moved down by 20.7
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Import prices fall sharply by 12.7 pct in Mar, as energy drops by 28.4 pct
EconomyMacroeconomythis year. The index peaked in April last year with a 39.1 percent rise. Growth has been slowing down... by extraction of oil and gas down by 31.2 percent, then basic metals fell by 3 percent. The monthly
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EC doubles 2023 growth forecast to 2.4 pct, affirms 2.5 pct of GDP primary surplus next year
EconomyMacroeconomyconsumption is expected to cool down this year due to lower real disposable income and negative saving... estimate for 2024 is revised slightly down to 1.9 pct, from 2.4 pct in the previous estimate, as Greece
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Eurobank NII jumps by over 55 pct in Q1, NPE ratio at 5 pct
EconomyBankingpercent in Q1, down by 1.6 percentage points year-on-year, while NPE coverage increased by over 4..., down 11.6 percentage points YoY. The Q1 cost of risk - or provisions over average net loans - was 75
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SYRIZA on defensive as election campaign draws to close
PoliticsGreek Politicsquickly to clarify that it has no such plans, the decision for Katrougalos to step down..., not the opposite. He also attempted to contrast the display of responsibility from Katrougalos, who stepped down
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Newsletter 382 - 26/05/2023
rising to 41.3 pct, up by half a point on its May 21 score, and SYRIZA falling to 19.5 pct, down.... The spread from the German Bund was down to 145 basis points, near the all-time lows. Rating agencies
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Tsipras identifies failings, tries to rally SYRIZA as Androulakis attempts to tread own path
PoliticsGreek Politicsunity and clarity from party officials. The central committee also turned down a proposal for a more... after the June 25 vote. Tsipras also gave no indication that he intends to step down from the party
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Trade deficit narrows in April, though exports drop by 4.3 pct
EconomyMacroeconomyproducts and ships, the aggregate deficit was down by 10.4 percent, at 7.38 billion euros. Year to date... markets were down by 6.6 percent at 13.99 billion euros. Exports to EU countries increased 17.3
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Car sales pick up pace in May, up 13.8 pct in first five months
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time accelerated in May, rising by 5.6 percent year-on-year (YoY), after slowing down to 1.1 percent in April, according to Hellenic... annually. Passenger cars are up by 15.3 percent, lorries increased by 4.3 percent and buses down by 1.2
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Mitsotakis enters last week of campaign with confidence, high ratings
PoliticsGreek Politicstargets for the second four-year term, but also promised to clamp down on tax evasion. He suggested... to step down from his current position, and pointed out in a recent interview with Kathimerini
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