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  1. Retail index continues to rise in Mar, but food sales volume stagnant
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    The growth in Greece’s retail sales picked up pace in February, rising by 11.3 percent year-on-year... for nearly a year. On a monthly basis, the seasonally adjusted index increased by 2.2 percent, from 0.9... of October last year, it remains at levels of 2018 and on a rolling 12-month basis is improved from

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  2. Industrial turnover posts slowest growth in 2 years, up 1.5 pct in March
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    to 1.5 percent year-on-year (YoY), February, from 6.7 percent in February, according to data released... modest growth in recent months, well away from the increase of 42.4 percent in August last year. After more than one year of contraction, the index posted growth of 18.2 percent in March 2021 and has been

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  3. Newsletter 382 - 26/05/2023

    Newsletters

    -year term (28 pct) and the conservatives having significant support form business and the media (26... with 2.5 pct of GDP next year. The spring recommendations also highlight the challenges faced... unexpectedly in March, after two more moderate deficits at the start of the year, reaching 2.4 billion

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  4. Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ

    EconomyMacroeconomy

    percent year-on-year (YoY), from a downward revised 4.8 percent rise in Q4. The quarterly movements... spending was down by 1.9 percent annually. Exports rose by 8.9 percent year-on-year, with goods up... outlook on Greece for this year in its latest forecast also published mid-May. It now expects the Greek

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  5. Industrial turnover falls by 7.4 pct YoY in April for first drop since early 2021
    Photo via https://flic.kr/p/2iUFUMF

    EconomyMacroeconomy

    , contracting by 7.4 percent year-on-year (YoY), from upwards revised growth of 3.3 percent in March... in August last year. After more than one year of contraction, the index posted growth of 18.2 percent in March 2021 and has been growing ever since. In May last year, with growth of 54 percent annually

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  6. Import prices fall sharply in May as energy drops by 40.5 pct

    EconomyMacroeconomy

    percent year-on-year (YoY), after dropping by 17.5 percent in April, according to data released.... After that, the index expanded until January this year. The index peaked in April last year with a 39.1 percent rise. Growth has been slowing down since. That said, due to last year’s unprecedented

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  7. Stress tests not proving stressful for Greek banks any longer

    EconomyBanking

    . The EBA’s baseline scenario saw growth in the eurozone in the three-year horizon with growth rates of 0.4, 1.8 and 1.9 pct this year, in 2024 and 2025 respectively. The adverse scenario envisaged..., the baseline sees growth of 1.5 pct this year, 3 pct in 2024 and 2.8 pct in 2025, with the adverse

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  8. Alpha's net interest income rises to 863.7 mln, up 48.5 pct YoY
    Photo by MacroPolis

    EconomyBanking

    was 863.7 million euros in H1, up by 48.5 percent year-on-year, from 581.6 million in H1 2022. Net fee and commission income was 185 million euros in H1, from 204.3 million euros last year. Trading... dropped by 2.6 percent in H1 to 473.8 million euros, from 486.4 million a year ago. Loan loss impairments

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  9. Import prices fall for fifth straight month in June as energy drops by 38 pct

    EconomyMacroeconomy

    The contraction of Greece’s import price index continued in June, falling by 19.4 percent year-on-year (YoY), after dropping by 20.8 percent in May, according to data released by the Hellenic... that, the index expanded until January this year. The index peaked in April last year with a 39.1 percent rise

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  10. Drop in industrial turnover accelerates in June, falling by 17.2 pct YoY

    EconomyMacroeconomy

    Greece’s industrial turnover went further into contraction in June, dropping by 17.2 percent year-on-year (YoY), from a 13.5 percent decrease in May, according to data released by the Hellenic... recording much more modest growth rates in recent months. In May last year, with growth of 54 percent

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