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Import price index up by 24.2 pct in Sep, as energy rises 48.6 pct
EconomyMacroeconomyGreece’s import price index slowed down its pace in September, rising by 24.2 percent year-on-year... months since that it attempted to slow down its growth. This is also the slowest rise since December... by a 5.5 percent drop in refined oil products and extraction of oil and gas down by 3.7 percent
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Economic sentiment partially recovers to 101.4 in Nov, consumer confidence also up
EconomyMacroeconomyin summer 2017 and on a rolling 12-month level is down by circa 14 points from the -38.2 of December last... to 109.6 points. The EEI is down by 9 points in the rolling 12-month period. Industry confidence recovered... confidence is down by roughly 14 points. The services index partially recovered last month’s 25 points drop
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Newsletter 362 - 09/12/2022
of escaping. Consumption is down by 0.6 pct QoQ, as government spending becomes more modest compared to the pandemic era, down by 0.6 pct. Private consumption has also stalled after eight quarters of growth.... Overall, total exports were down by 3.3 pct QoQ, while total imports fell marginally by 0.3 pct. The Q3
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Industrial turnover grows 23.7 pct YoY in Oct, but drops by 2.6 pct MoM
EconomyMacroeconomypercent rise in manufacturing revenue, with the mining and quarrying index down by 0.8 percent.... Monthly, the domestic market was down by 8.5 percent while the foreign markets were down by 8.7... points in November. Since December last year, industry confidence is down by roughly 14 points. Overall
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Banks discover stress test assumptions, results due in July
EconomyBankingto clean up their balance sheets through the Hercules APS, with NPEs down in single digits... this year, down by one more percentage point to 10.4 pct in 2024 and 9.4 pct in 2025. Residential property prices growth will slow down to 4.7 pct in 2023, from 10.3 pct in 2022, slowing down further
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Import price growth slows further to 11 pct in Dec, records back-to-back monthly drop
EconomyMacroeconomypercent rise and has been slowing down in growth since. This is also the slowest rise since February 2021... of oil and gas was down by 2.8 percent and wood products down by 1.2 percent. In terms of industries... by ELSTAT slowed down to 7.2 percent, from 8.5 percent in the previous month. The latest producer price
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Industrial turnover rises 17.7 pct YoY in Jan, but falls sharply MoM at home and abroad
EconomyMacroeconomyby decreases of 17.1 percent in manufacturing and mining and quarrying down by 35.6 percent. Monthly, the domestic market was down by 23.7 percent while the foreign markets were down by 5.7 percent. Greece’s... March last year, industry confidence is down by 5 points. Overall, economic sentiment (ESI) continued
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Election campaign moves into gear, opinion poll data still equivocal
PoliticsGreek Politicsthat migration has dropped down the list of voters’ priorities. According to the survey, 10 pct of voters picked it as one of their three key concerns. This was 4 points down on the last ProRata poll in November. The most popular answer was the cost-of-living crisis, although this was down eight points
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Producer prices record back-to-back decline in Apr as energy falls by 24.4 pct YoY
EconomyMacroeconomydown by 45.1 percent, refined petroleum products decreased by 25.8 percent and electricity that contracted by 21.1 percent. Goods sold to the foreign market were down by 13.9 percent YoY, led by refined oil products that contracted by 31.1 percent, mining of metal ores down by 10.6 percent
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OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
EconomyMacroeconomypct, from 1.1 pct in the January estimate. Next year’s estimate is moderately revised down to 1.6 pct... significantly moderated. Private consumption is only expected to grow by 0.8 pct, down from 8.6 pct in 2022... to growth of 2.7 pct, down from 7.3 pct in 2022, although the RRF and resources of Greece 2.0
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