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Amidst Covid and inflation uncertainty, 2022 budget looks forward to solid growth
EconomyMacroeconomyon the inflation front, led by energy prices, the Finance Ministry tabled a revised final budget for 2022... pct, led by private consumption up by 3.3 pct, government spending rising by 4.1 pct, investments up.... This will be led by higher tax revenues that will reach 50.06 billion euros in 2022, recovering
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Industrial turnover soars by 35.5 pct YoY in Jan, powered by petroleum products
EconomyMacroeconomyby 43.5 percent. In the domestic market, January’s rise was led by a 30.7 percent increase..., the increase was led by a 44.7 percent rise in manufacturing of coke and petroleum products... basis, industrial turnover in the total market dropped by 18.6 percent, led by drops of 46 percent
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Mitsotakis sweeps aside election talk as ND continues to suffer in polls
PoliticsGreek Politicsa clear majority in Parliament. “The people will guide us on whether the country should be led... Solution and the far-right Greeks, a party led by former Golden Dawn MP Ilias Kasidiaris. The latter... Recreate led by two prominent figures on the nationalist/nativist right, Failos Kranidiotis
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Manufacturing growth slows in March as slower demand, costs and energy weigh on sector
EconomyMacroeconomypressures, with input rising significantly, have compounded demand conditions. This led to companies... conditions led to a slowdown in purchasing activity at the back of slower orders and prolonged lead time... costs and reduced disposable incomes led confidence to drop to a 16-month low. Downward revisions
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Industrial production returns to annual growth in Feb, rising by 4.6 pct, after blip
EconomyMacroeconomypercent, after a drop of 11.1 percent in January. The annual movement in the index was led by a solid... was led also by manufacturing, up by 13.5 percent, mining and quarrying increasing by 11.4 percent... led companies pushing up their prices at the fastest pace in the 19.5-year history of data.
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Newsletter 337 - 13/05/2022
also moved strongly with a rise of 65.1 percent. In April, the annual CPI movement was led by a 10.9... increased by 9.1 pct in April, from 8 pct in March. Housing led the rise with 35.2 pct due to rents... strongly with a rise of 65.1 percent. Industrial production Electricity supply led the industrial
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GDP rises by 2.3 pct QoQ in Q1 as consumption grows, but other components shrink
EconomyMacroeconomyin Q4 were led by growth in final consumption, where private consumption rose by 2.5 percent... percent and imports declined by 5.6 percent. Export contraction was led by a drop in services... of 9.6 percent was led by the jump in services, which increased by 23 percent, and exports of goods
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Newsletter 343 - 24/06/2022
ruled out working with ultra-nationalist and pro-Russia Greek Solution, led by Kyriakos Velopoulos... cultivated in the local media that the SYRIZA-led government of 2015-2019 exhausted the middle class..., dropping by 2.6 pct, led by falls of 9.3 pct in manufacturing and 2.6 in mining and quarrying.
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Another strong rise for industrial turnover in June as petroleum products drive 43.1 pct increase
EconomyMacroeconomyto have a key role to play in growth, led by a 43.6 percent rise in manufacturing revenue..., the rise in May was led by a 55.9 percent increase in manufacturing, and 38.7 percent rise in mining... by 6.4 percent, led by increases of 6.4 percent in manufacturing and 8.8 percent in mining
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Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
EconomyMacroeconomymovements in Q2 were led by growth in final consumption, where private consumption rose by 2.2 percent... by 2.5 percent and imports rose by 5.8 percent. The export rise was led by an increase in services... government spending was up by a more modest 0.8 percent annually. Export growth of 20.8 percent was led
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