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CPI rise by 0.1 pct YoY in May, turning positive on energy base effects
EconomyMacroeconomydecreased by 0.4 percent compared to April. Up until May’s reading, the CPI has remained consistently negative for the previous 13 months. December’s 2.3 percent drop surpassing the previous lowest...-alcoholic beverages, a 0.3 percent drop in alcoholic beverages and tobacco and a 5 percent fall
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June CPI rises by 1 pct YoY
EconomyMacroeconomy-on-month, the CPI for June rose by 0.9 percent. Up until May’s reading, the CPI had remained consistently negative for the previous 13 months. Last December’s 2.3 percent drop surpasses the previous lowest... and non-alcoholic beverages, a 0.8 percent drop in households equipment and a 1.3 percent fall in health
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Alpha Bank posts net loss of 2.04 bln in Q2 after booking Galaxy Project securitization
EconomyBankingand commission income stood at 189.7 million, up by 13.8 percent YoY. Income from financial operations... to 43.5 billion euros, a drop from 49.8 billion in Q1, reflecting the deconsolidation of the Galaxy... percent in Q1. At the end of June, the Common Equity Tier 1 (CET1) ratio stood at 14.8 percent, a drop
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Newsletter 308 - 17/09/2021
the first quarter of 2011. The drop is led by a sharp increase in employment by 8 pct, to 3.92 million people, which also reflects the high seasonality of the Greek labour market in the run up... to drop, standing at 61 pct of total unemployed. July unemployment The monthly unemployment for July
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In first contraction since Oct 2020, Jan IPI falls by 10.9 pct MoM
EconomyMacroeconomyby a 21.5 percent drop in mining and quarrying index, a 6.7 percent decrease in the Electricity Supply Index, followed by 0.02 percent drop in water supply. These were offset by a 2.6 percent increase... and 4.2 percent in mining and quarrying. Water supply was up by 1 percent. According to the European
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Car sales accelerate by 38.3 pct YoY in Feb, led by used vehicles
EconomyMacroeconomyyear-on-year (YoY) in February, after a drop of 8.7 percent in January, according to Hellenic... was a drop of 16.4 percent. Car sales in February came to 18,521 compared to 13,464 last year, a rise... cars increased by 45 percent, with the absolute figure standing at 15,820. The remainder was made up
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NBG reports profits of 833 mln in 2021
EconomyBankingmillion, from 1.1 billion in 2020, was up by 4 pct at 1.5 billion euros. Asset quality NPEs continued to drop, standing at 2.1 billion euros at the end of 2021, from 4.3 billion euros at the end of last... euros. Operating expenses in 2021 were limited to 783 million euros, a 6 pct drop YoY. Balance Sheet
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Industrial production drops by 4.5 pct YoY in Apr as electricity supply falls by almost 30 pct MoM
EconomyMacroeconomyStatistical Authority (ELSTAT) data released on Tuesday. After January’s annual drop of 0.6 percent... of declines. Month-on-month (MoM), the index also recorded a solid drop of 9.1 percent, from a rise of 9.3... last year, industry confidence is up by 3.8 points. In addition, Manufacturing PMI dropped by one point
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Jobless rate grows marginally to 12.6 pct as youth unemployment drops by over 7 points
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate pushed up marginally in July to 12.6 percent... fewer unemployed people in July compared with the same month of 2021, amounting to 591,209, a drop... and came to 16.3 percent, while the rate for men stood at 9.6 percent, a drop of 0.9 pps year-on-year
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Unemployment increases to 11.4 pct in Feb, inactive population rises
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate moved up in February, rising to 11.4 percent... in February compared with the same month of 2022, amounting to 526,742, a drop of 15.2 percent... percent, while the rate for men stood at 7.8 percent, a drop of 2 pps year-on-year. Youth unemployment
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