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  1. Retail turnover falls by 2 pct in Apr, volume declines by 2.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index fell by 2 percent in April compared to an upward revised increase of 5.4 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The headline figure returns the index to negative territory after March’s positive reading, which was the first

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  2. Retail turnover falls by 2 pct in May, volume drops by 2.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index fell by 2 percent in May, almost at the same rate as April when the downward revised drop came to 1.9 percent, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The headline figure marks two consecutive negative readings. The corresponding volume index

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  3. Current account deficit rises to almost 2 bln in Jan, highest since 2011
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece posted a current account (C/A) deficit of nearly 2 billion euros in January, from 1.71 billion euros in December, Bank of Greece (BoG) data showed on Wednesday. In January 2021, the balance showed a deficit of 431.7 million euros, while in January 2020 the current account posted a deficit

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  4. Despite improvement in services, goods tip current account to deep deficit of 2 bln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece posted a current account (C/A) deficit of 2 billion euros in May, from 1.62 billion euros in April, Bank of Greece (BoG) data showed on Thursday. In May 2021, the balance showed a deficit of 1.36 billion euros, while in May 2020 the current account posted a deficit of 911 million euros

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  5. Manufacturing slips into contraction for first time since early 2021 as PMI drops by 2 pts in July
    Photo via https://flic.kr/p/N3FV1

    EconomyMacroeconomy

    Greece’s Manufacturing PMI dropped by 2 points to 49.1 in July, according to S&P Global data released on Monday. July’s PMI captured the first decline in operating conditions since February 2021, stopping a nearly year-and-half period of expansion and indicating a downturn of the conditions

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  6. Producer prices drop in Mar for the first time in over 2 years, led by energy

    EconomyMacroeconomy

    percent, capital goods were up by 2 percent, non-durables up by 8.4 percent and durable consumer goods

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  7. Piraeus Bank reports 2 bln NII in 2023, income from fees at 547 mln
    Photo by MacroPolis

    EconomyBanking

    , unchanged from fiscal year 2022. P&L Net interest income (NII) came to 2 billion euros in 2023, while

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  8. Energy forces import prices upwards again with 2 pct increase YoY in Apr

    EconomyMacroeconomy

    Greece’s import price index stayed on positive ground in April, rising by 2 percent year-on-year (YoY), after a 1.3 percent increase in March, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. After 13 months of consecutive negative readings the index resumed

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  9. Nov sees rise of 2 pct YoY in retail sales, up 2.7 pct MoM
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales resumed growth in November with a rise of 2 percent year-on-year (YoY), after a drop of 0.5 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index also had a rise of 1.1 percent YoY. Volumes have decreased annually

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  10. Industrial turnover grows by 5.7 pct YoY in Dec - 2024 rise at 2 pct

    EconomyMacroeconomy

    2024, the industrial turnover was up by 2 percent. Manufacturing revenue was up by 5.5 percent

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