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Newsletter 378 - 28/04/2023
poll, MeRA25, led by former finance minister Yanis Varoufakis, is on 4.5 pct, up by 1 point since... 2 points in April to 108.8 points. Nevertheless, it remains below the previous high of February 2022
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Newsletter 385 - 16/06/2023
, even the nominal average wage in Greece is roughly 2 pct lower than it was 2010 and half a percent... minimum wage from April 1. The data captures the improved conditions in the Greek labour market: Since
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Wage rises become top issue but trajectory lined with obstacles
EconomyMacroeconomythe nominal average wage in Greece is roughly 2 pct lower than it was 2010 and half a percent lower... from April 1. The data captures the improved conditions in the Greek labour market: Since May 2019
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CPI resumes upward trajectory in July, food inflation at 12.3 pct
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) went back above the ECB’s target of 2 pct in July, with a reading of 2.5 percent year-on-year (YoY), after growing by 1.8 percent in June, according to the data... annually, from 2.8 percent in June. Month-on-month, the HICP was down by 1 percent. In July, the annual
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S&P awards investment grade, bringing arduous cycle for economy to a close
Economyby 2.5 pct this year and remain above 2 pct up to 2026, with 2.4 pct growth expected next year... on December 1. Fitch has Greece one notch from investment grade with a stable outlook. In its latest review
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Economic sentiment slides by 0.4 pts again in Dec, consumer confidence improves
EconomyMacroeconomypoints, dropping by almost 2 points. Since January last year, industry confidence is down by almost 10 points. The services index increased by almost 1 point to 41.6. Services confidence is now 26 points
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IMF approves Article IV consultation, growth seen resilient
EconomyMacroeconomymoderating to 2 pct by the end of next year as core inflation will moderate only gradually, despite... of GDP in 2023. The overall balance comes under 1 pct of GDP in deficit, at 0.9 pct, almost halving
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Opinion polls show drop in support for ND, continuing concern about inflation
PoliticsGreek Politics. Their support went up from 2 to 2.4 pct. Mitsotakis’s personal popularity does not seem to have been... dropped by 1 point since the last poll. The cost of living remains a sore point for the government
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Newsletter 409 - 26/01/2024
in 2023 that beat the initial budget estimate at the end of 2022 by 1 billion euros. The IMF does.... This is achieved with primary surpluses of circa 2 pct of GDP up to 2030, dropping to 1.4 pct of GDP
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Retail sales make marginal YoY gains in Nov, volumes continue to fall sharply
EconomyMacroeconomyby 1.6 percent. Compared to November 2022, automotive fuel was down by 13.2 percent, non-food was up by 2... are reflected in volumes, with fuels down by 4.3 percent, a 1 percent drop in foods and non-food down by 1.2
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