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Industrial production returns to growth of 2 pct in September
EconomyMacroeconomythree contractions since June. It grew by 2 percent year-on-year (YoY), after dropping by 0.1 percent... a drop of 2 percent, after an increase of 0.9 percent in the previous month. The annual movement... business surveys for October, industry confidence went deeper into negative territory to -4.3, from -2
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Consumption and investments drive Q3 GDP growth of 2 pct YoY
EconomyMacroeconomygrowth accelerated to 2 percent year-on-year (YoY), from a 1.6 percent YoY rise in Q2. Growth over the nine months of the year averages to 2 percent, needing a slightly stronger finish in the last... pct in 2026. In its latest WEO released in October, the IMF sees growth of 2 pct in 2025 and in 2026
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Approach to protests, policing poses a new quandary for government
PoliticsGreek Politics. Striking the right balance between ensuring that SYRIZA does not give police the type of free reign... portfolio from the Interior Ministry to the Justice Ministry amid concerns that Panousis and Interior Minister Nikos Voutsis did not see eye to eye. It was notable that Justice Minister Nikos
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Greek May CPI falls 2 pct in one of biggest drops for more than a year
EconomyMacroeconomyThe Hellenic Statistical Authority (ELSTAT) said on Tuesday that the Consumer Price Index (CPI) fell 2 percent in May, which was a faster pace compared to the preceding months. May's figures mean.... The 2 percent decrease of the CPI in May is largely due to a drop in prices of three sectors
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Industrial turnover rebounds 2 pct in November
EconomyMacroeconomyGreece’s Turnover Index in Industry rebounded by 2 percent in November after an upward revised drop of 2.9 percent in October, Hellenic Statistical Authority (ELSTAT) data displayed on Thursday... increases were posted in consumer non-durables (+5.2 percent) and intermediate goods (+2 percent
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Industrial production falls by 2 pct in February
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) declined by 2 percent in February after a 1.2 percent fall in January, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday. February’s...). The seasonally adjusted IPI fell by 2 percent, and came to 94.63 for February. The aggregate
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Wages index rises by 2 pct in Q1 and 4.9 pct YoY
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index rose by 4.9 percent year-on-year (YoY) in the first quarter (Q1) of the year, after a rise of 2 percent in Q4 2017, Hellenic Statistical Authority (ELSTAT..., the index rose by 2 percent, picking up pace from a rise of 0.2 percent in the previous quarter
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Government readies up to 2 bln in assistance for shuttered firms and employees
EconomyFinance Minister Christos Staikouras announced on Wednesday a second round of coronavirus-related support measures for the Greek economy, which will total roughly 2 billion euros. The measures... and processing tax refunds as soon as possible. Total state arrears stand at around 2 billion euros
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CPI falls by 2 pct YoY in September
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 2 percent year-on-year (YoY) in September compared to a decline of 1.9 percent seen in August, Hellenic Statistical Authority (ELSTAT) figures showed... for September rose by 2 percent compared to August. The CPI remains at its lowest rate since July 2015 when
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CPI falls by 2 pct YoY in January as apparel and transport drop
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 2 percent year-on-year (YoY) in January compared to a decline of 2.3 percent seen in December, Hellenic Statistical Authority (ELSTAT) figures showed... the decrease of 2 percent in December. Additionally, the goods’ index fell by 2.6 percent while
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