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  1. Wages index rises by 5.5 pct YoY in Q4, records first quarterly drop since Q3 2021
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    in the previous quarter, the first quarterly drop since Q3 2021. The index in Q4 2023 came to 113.6 points, from 114.4 in the previous quarter. The index’s record high of 120.6 was posted in Q3 2008

    3%

  2. Small gains for building activity in Dec, up 7.1 pct in full 2023
    Image: MacroPolis

    EconomyMacroeconomy

    Building permits only rose marginally in December, up by 0.6 percent year-on-year (YoY), after dropping by 1.2 percent year-on-year (YoY) in the previous month, according to the data released... in the previous month. The index is currently up by roughly 5 points on a rolling 12-month basis.

    3%

  3. Newsletter 418 - 29/03/2024

    Newsletters

    points, from 104.9 points in the previous month. This is the highest sentiment since August last year... points, from -4.2 points in the previous month. The services index increased by 2 points to 39.2. Retail

    3%

  4. Retail sales back in contraction for Jan, as volumes fall by 8.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the previous month. The volume’s monthly movement was down by 5.8 percent. Compared to January 2023... points in the previous month. Consumer is virtually unchanged on a 12-month rolling basis. Overall

    3%

  5. CPI accelerates again in March, rising by 3.2 pct YoY and 1.5 pct MoM
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    12-month period in March increased by 2.8 percent, from 2.9 percent in the previous month. Month... by 3.4 pct annually in March, from 3.1 pct in the previous month. Month-on-month, the HICP was up

    3%

  6. Industrial turnover grows by 3.1 pct in Feb, led by mining and domestic market
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    percent in the previous month. Manufacturing revenue was up by 2.8 percent, with the mining..., from -4.2 points in the previous month. Since April last year, industry confidence is now up by 2.2

    3%

  7. Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach

    EconomyMacroeconomy

    in 2023, from 85.25 billion euros in the previous year. Loans decreased in 2023 to 254.7 billion euros... is navigating through the economic landscape without the handout and support largesse of previous years.

    3%

  8. OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    upped its 2024 growth forecast to 2 pct, from 1.6 pct in the previous estimate, although... than the previous estimate at 2.8 pct growth, from 5.6 pct. This is also significantly below

    3%

  9. Newsletter 425 - 31/05/2024

    Newsletters

    economy, or government. As we have argued in previous newsletters, although Greece has in a stable place... The unemployment rate in April was unchanged from the previous month at 10.8 pct, though improved

    3%

  10. CPI slows to 2.4 pct in May as food price increases ease
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in Greece’s Consumer Price Index (CPI) slowed down in May with a rise of 2.4 percent year-on-year (YoY), after an increase of 3.1 percent in the previous month, according to the data... of consumer prices (HICP) increased by 2.4 percent annually in May, from 3.2 percent in the previous month

    3%