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  1. Deposit outflow at 550 mln in Oct, led by a decline in corporates
    Photo by MacroPolis

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system in October turned negative with a drop of 550 million euros, after a rise of 2.26 billion euros in September, based on Bank... since the end of 2011, despite October’s drop. The Greek economy entered its decade-long debt crisis

    2%

  2. CPI growth slows to 8.5 pct as electricity prices record rare 5.3 pct YoY fall
    Photo via www.lamdadev.com

    EconomyMacroeconomy

    by a drop of 2.1 percent in communication. There was a notable drop in November in electricity

    2%

  3. Newsletter 363 - 16/12/2022

    Newsletters

    as in the third quarter, GDP dropped by 0.5 pct quarter-on-quarter, the first drop since..., with the index at 95.3 points. The largest percentage drop was in Q1 2013 when wages dropped by 14.2 pct. Import

    2%

  4. Unemployment unchanged at 11.4 pct in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    , a drop of 14 percent. Unemployment is now consistently below the 600,000-mark, falling below 550,000... percent, a drop of 0.7 pps year-on-year. Youth unemployment dropped by 1 pps year-on-year to 31.3 percent

    2%

  5. CPI moderates further to 7.2 pct in Dec, food prices soar by 15.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    . These were partially offset by a drop of 2.1 percent in communication. There was a notable drop

    2%

  6. Unemployment steady at 11.6 pct in Dec, employed rise by almost 80,000 YoY
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    with the same month of 2021, amounting to 545,372, a drop of 9.5 percent. Unemployment has now fallen... stood at 8.3 percent, a drop of 1.3 pps year-on-year. Youth unemployment dropped by 0.8 pps year

    2%

  7. Q4 GDP grew by 1.4 QoQ, 2022 GDP rose 5.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP increased by 1.4 percent quarter-on-quarter (QoQ) at the close of 2022, from a rise of 0.4 percent in Q3, after the previous drop by 0.5 percent was revised... by 0.8 percent and imports increased by 6.3 percent. The export drop was led by a decrease in services

    2%

  8. Trade deficit drops 21.9 pct YoY in Jan, reflecting base effects
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit opened 2023 with a drop year-on-year (YoY), falling by 21.9 percent, after a drop of 10.6 percent in December, according to data released by ELSTAT on Friday. The deficit came to 2.36 billion euros for January. Imports totalled 6.83 billion euros, rising by 5.8 percent YoY

    2%

  9. Industrial production up by 0.5 pct in Jan, electricity supply drops

    EconomyMacroeconomy

    12-month period. Month-on-month (MoM), the seasonally adjusted index in January recorded a drop of 1.3... almost entirely offset by a drop of 23.5 percent in electricity supply and 2.1 percent in water supply

    2%

  10. Unemployment increases to 11.4 pct in Feb, inactive population rises
    Photo by MacroPolis

    EconomyMacroeconomy

    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

    2%