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Newsletter 322 - 07/01/2022
and breaking up classes to limit the number of students, but that none of these were adopted. New... budget. The main pandemic relief measures on the revenue side stem from the 3 percentage point drop... will not be impacted severely and by the time Greece’s tourism season moves up the gears in late spring the wave
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Growth in retail sales loses steam as index shrinks by 0.2 pct MoM in Jan
EconomyMacroeconomyand stationary increasing by 16.6 percent. Supermarket sales were up by 5.3 percent and the only... was led by pharma products (+27.6 percent), books by 17.1 percent and supermarkets up by 0.8 percent. Automotive fuel sales volume was up by 17.4 percent. The seasonally adjusted retail sales index
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Across-the-board price hikes bring CPI rise of 10.2 pct in April
EconomyMacroeconomya marginal increase of 0.1 percent and prices have been pushing up since. Greece has not seen... partially offset by a drop of 2.7 percent in communication. Reflecting the impact of the energy crisis, electricity was up 88.8 percent annually and natural gas shot up by 122.6 percent. Heating oil also
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Newsletter 342 - 17/06/2022
PoliticsND lining up more measures to entice votersThe government is preparing to announce a new... lining up several voter-friendly initiatives to be announced in the northern port city. These include..., pushing up the cost of borrowing. In this tumultuous environment, the Greek authorities welcomed
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Inflation at 12 pct in Sep as CPI records highest monthly rise of the year
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) jumped back up in September, rising by 12 percent year-on-year...-on-month the HICP was up by 3 percent. In August, the annual CPI movement was led by a 13.5 percent... in education. These were partially offset by a drop of 2.1 percent in communication. Reflecting
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Newsletter 359 - 18/11/2022
PoliticsGovt advances law change as shield against surveillance claimsThere was no let-up this week... contract to which EYP signed up. Mitsotakis and other administration officials have insisted... that the authorities will see some more fiscal space building up by the end of the year and that should bring along
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Growth of industrial turnover slows in Nov, drops by 1.4 pct MoM
EconomyMacroeconomy, led by a 18.1 percent rise in manufacturing revenue, with the mining and quarrying index also up..., while the non-domestic market was up by 12.4 percent. In the domestic market, the rise in October... and quarrying up by 31.7 percent. Monthly, the domestic market was up by 0.3 percent while the foreign markets
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Economic sentiment improves for fourth straight month in Feb
EconomyMacroeconomyto 118.7 points. The EEI is up by 9 points in the rolling 12-month period. Industry confidence... stayed unchanged at 14.7 points, with a negligible drop. Services confidence is now down by almost 17 points compared to March 2022. Retail trade posted gains in February, up by 6 points to 23.8. up 20
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Import prices turn negative in Feb for first time in two years
EconomyMacroeconomy, in February of 2022 the index had already started posting strong rises, being up by 27.2 percent. Month-on-month, the index posted a drop of 3.4 percent, after falling by 0.8 percent in the previous... by refined oil products falling by 9.5 percent. Machinery manufacture was up by 1.4 percent. The monthly
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Industrial turnover growth slows to 6.7 pct in Feb
EconomyMacroeconomyon record, after a 53 percent increase in April. Manufacturing revenue was up by 6.5 percent...-domestic market was up by 9.8 percent. In the domestic market, the rise in January was led by a 4.7... by 3.8 percent, led by increases of 3.5 percent in manufacturing and mining and quarrying up by 50.8
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