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  1. CPI falls by 2 pct YoY in September
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’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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  2. CPI falls by 2 pct YoY in January as apparel and transport drop

    EconomyMacroeconomy

    Greece’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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  3. GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
    Photo by MacroPolis

    EconomyMacroeconomy

    to 2.7 percent year-on-year (YoY), from a 2 percent YoY rise in Q1. The quarterly movements in Q2... components recovered. Final consumption increased by 2 percent YoY, while investments also increased

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  4. GDP continued to slow in Q4, rise for 2023 at 2 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    GDP grew by 2 percent, with final consumption up by 1.8 percent, investments down by 0.5 percent... in the latest economic outlook places Greek growth at 2.4 percent for 2023, slowing to 2 percent in 2024.

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  5. IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    by 2 pct in 2024, the same estimate as in October’s WEO. Next year’s growth is also broadly... commitment of primary surpluses above 2 pct of GDP. The primary balance is seen at 2.1 pct of GDP

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  6. Industry boosts economic sentiment, consumer confidence at lowest in almost 2 yrs
    Photo by MacroPolis

    EconomyMacroeconomy

    in the previous month. The EEI is up roughly 2 points in the rolling 12-month period. Industry confidence... points previously. The index is currently up by roughly 2 points on a rolling 12-month basis.

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  7. CPI moderates to 2 pct in Apr, rents continue to climb with 10.8 pct YoY rise
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) has stabilised in the recent months, with a rise of 2 percent year-on-year (YoY) in April, from 2.4 percent in the previous month, according to the data released... inflation rose by 2 percent, after a sharp increase in March with a 2.2 percent YoY, though dropping

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  8. Fiscal Council endorses fiscal and macro assumptions but warns of potential obstacles

    EconomyMacroeconomy

    . Also, the upcoming pension reform will keep spending flat in absolute terms flat and a declining... debt sustainable. The MTFS revises the initial growth estimate for 2018 to 2 percent, from 2.3 percent... that public investments will stay flat over the period all the heavy lifting in delivering this level

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  9. Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
    Photo by MacroPolis

    EconomyBanking

    due to other income. Net interest income (NII) and operating expenses stayed broadly flat. Asset..., collections and liquidations (4.4 billion) and selected sales (2 billion). P&L NII remained almost flat QoQ at 436 million euros as the positive impact from the lower funding cost was outweighed

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  10. General gov't cash surplus widened to 2 bln in January

    EconomyMacroeconomy

    The Greek general government (gg) cash surplus in January widened by 32.5 percent to 2 billion euros from 1.51 billion last year, according to the gg bulletin released by the Ministry of Finance on Tuesday. The gg balance also showed a surplus at 1.76 billion from 1.25 billion last year. All gg

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