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Newsletter 436 - 11/10/2024
of lower state income from the drop of the trade tax. With Greeks severely challenged by weak... of the weekTrade Although it moderated in August with a drop of 6.5 pct to 2.54 billion euros...-on-month, the index recorded a sharp drop of 4 pct. The annual movement in the index reflects a 3.1
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Newsletter 453 - 28/02/2025
will make Greek products 7 pct more expensive in the US, which could lead to a drop of just 0.05 pct in GDP... this week that recorded its largest drop since August 2021, while inflation expectations continue to rise... was highlighted in Greece’s medium-term fiscal structural plan that was approved by Brussels sees a sudden drop
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Growth of industrial production moderates to 2 pct YoY in Jan
EconomyMacroeconomy, the last recorded drop of 0.6 percent. Month-on-month (MoM), the seasonally adjusted index in January recorded a drop of 0.8 percent, after an increase of 2.4 percent in the previous month... by a drop of 6.4 percent in mining. The monthly movement was led by decreases of 0.9 percent
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Newsletter 473 - 01/08/2025
, after a sharp 41.3 pct annual drop seen in March. This has taken the number of permits during the first four months of the year at 8,444, a sharp drop of 26 pct. The corresponding surface over... and over 3 points respectively. Retail Seasonality pushed retail sales down sharply in May with a drop
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IMF's latest macro and fiscal estimates reflect economic stability
EconomyMacroeconomyrespectively of the Greek authorities. The IMF’s projected fiscal path sees the debt to drop to just over 130 pct of GDP by 2030. For this year, the debt ratio will be 146.7 pct of GDP and drop further to 141.9 pct in 2026. The Finance Ministry expects debt to drop to 120 pct of GDP by 2030.
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Manufacturing drives industrial production increase of 6.8 pct YoY in Sep
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) resumed growth in September with a jump of 6.8 percent year-on-year (YoY) drop, after a drop of 2.8 percent in the previous month, according to Hellenic..., partially offset by a 3 percent drop in water supply. The manufacturing index was led by basic
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Electricity propels 6.4 pct YoY jump in Oct industrial production
EconomyMacroeconomyof 6.4 percent year-on-year (YoY) drop, after a jump of 7.3 percent in the previous month, according... in manufacturing, partially offset by a 9 percent drop in water supply. The manufacturing index was led..., Greece’s manufacturing PMI recorded a drop in November to 52.7 points, from 53.5 points
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Deposits continue to slide in Feb, falling to 207.52 bln
EconomyMacroeconomyPrivate sector deposits recorded a further drop during February, with a net outflow of 445 million euros, after a drop of 5.18 billion euros in January, according to the latest Bank of Greece (BoG... euros to 216.38 billion euros, after a 4.85-billion euros drop in January.
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Industrial production growth slows to 1.8 pct YoY in Feb, led by manufacturing
EconomyMacroeconomyrecorded a drop of 0.9 percent. The annual movement in the index reflects a rise of 2.9 percent... and equipment, textiles. The monthly movement was led by a drop of 5.9 percent in electricity, partially offset by a 10.6 percent drop in mining, 1 percent in manufacturing and 1.3 percent in water supply
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Polls show Golden Dawn support dropping after murder, New Democracy profiting most
PoliticsGreek PoliticsTwo more opinion polls published this week have shown a drop in support for Golden Dawn, with New Democracy appearing to be the party that has profited most. An Alco survey for the Newsit website... for New Democracy fell from 20.1 percent to 19 percent and SYRIZA saw its ratings drop from 20.5
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