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Economic sentiment drops sharply in Apr, consumer confidence hits lowest since 2017
EconomyMacroeconomypoints in April, dropping 1.7 points from the previous month. Euro area ESI was 105 points, down... levels now well below the previous pandemic low. Consumer confidence was on a recovery path
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Economic sentiment improves to 108 in May, consumer confidence also recovers by 4 pts
EconomyMacroeconomypoints in May, dropping 0.5 points from the previous month. The euro area’s ESI was 105 points, broadly.... The series was also subject to revisions, with the current levels now well below the previous pandemic low
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Retail sales up by 20.2 pct YoY in Mar, effects of inflation emerge in volume data
EconomyMacroeconomyin the previous year and a much-subdued retail season, even during the annual sales and leading up to Easter... the previous pandemic low. Consumer confidence was on a recovery path at the start of last year
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GDP rises by 2.3 pct QoQ in Q1 as consumption grows, but other components shrink
EconomyMacroeconomyin the previous forecast in February. The Commission doubled its inflation forecasts to 6.3 percent... for the year. The latest OECD forecasts are to be published on June 8, while in the previous one issued
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Newsletter 341 - 10/06/2022
issues worrying them most. This represented a five-point rise on the previous month. This was followed... grew by 7 pct year-on-year and 2.3 pct on the previous quarter. The year-on-year growth
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Where is Odysseus? Part 4 - Unemployment and Employment
AgoraAs in the previous three monthly blogs, we continue to trace the progress of modern-day Odysseus, who started a long voyage in 2018 to help bring Greece back home to a sustainable and prosperous... previous averages. How does this look in Greece? Figure 1 above gives a view. The average
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Govt presents menu of energy proposals in Brussels as power subsidy cost balloons
PoliticsGreek Politicsof roughly 50 pct from the previous month. The support scheme will bring the price for consumers down... in July, pushing the total cost of the subsidy up by 411 million euros compared to the previous month
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Where is Odysseus? Part 5 - Productivity
AgoraAs in our previous four monthly blogs, we continue to trace the progress of modern-day Odysseus, who started a long voyage in 2018 to help bring Greece back home to a sustainable and prosperous... (this assumes that an improvement will still come). We may now label the previous aspirational
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Economic sentiment slides by 3 pts in July to lowest in over a year, construction mood sours
EconomyMacroeconomystood at 97.6 points in July, dropping 4.2 points from the previous month. The euro area’s ESI was 99... again April’s previous low and is back to where it was in the summer of 2017. The Employment
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Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
EconomyMacroeconomypercent seen in the previous forecast in February. The Commission doubled its inflation forecasts... pct and 2.9 pct in the previous forecast.
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