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Despite annual drop in Sep, producer prices rise for 4 consecutive months
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for the seventh successive month in September, dropping by 4.3 percent year-on-year (YoY), after falling by 8.3 percent in August, ELSTAT data showed on Monday. The index was in negative territory for most of 2020 and up to March 2021, when it grew
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Alpha Bank NII jumps by 46 pct YoY in 9M, reaching 1.34 bln
EconomyBankingAlpha Bank reported a net profit of 491 million euros in 9M 2023, compared to a profit of 309 million euros in 9M 2022. Normalised profit after tax for 9M 2023 was 565 million euros, from 295 million in the same period of 2022, a rise of 92 percent. Core pre-provision income (PPI) in 9M was 955
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Eurobank's NII climbs by 55.3 pct to 1.6 bln in 9M
EconomyBankingof 11.4 percent. Core pre-provision income (PPI) jumped by 71.8 percent year-on-year (YoY) in 9M
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Falling energy costs drive down producer prices by 13.5 pct in Oct
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for the eighth successive month in October, dropping sharply by 13.5 percent year-on-year (YoY), after falling by 4.3 percent in September, ELSTAT data showed on Thursday. The index was in negative territory for most of 2020 and up to March 2021, when
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Energy fuels producer price fall of 8.9 pct in Nov, but non-durable consumer goods keep rising
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for the ninth successive month in November, dropping by 8.9 percent year-on-year (YoY), after falling sharply by 13.5 percent in October, ELSTAT data showed on Friday. The index had been growing over a two-year period since March 2021, before it turned
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Producer prices drop by 7.1 pct in 2023, non-durables up by 6 pct in Dec
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for the tenth successive month in December, dropping by 6.6 percent year-on-year (YoY), after falling sharply by 8.9 percent in November, ELSTAT data showed on Tuesday. The index had been growing over a two-year period since March 2021, before
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Producer prices drop for 11 months straight, down 6.6 pct in Jan
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for eleven successive months in January, dropping by 7 percent year-on-year (YoY), after falling by 6.6 percent in December, ELSTAT data showed on Thursday. The index had been growing over a two-year period since March 2021, before it turned negative
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Net interest income soars by 47 pct in 2023 as Eurobank reports net profit of 1.14 bln
EconomyBankingEurobank posted an adjusted net profit of 1.26 billion euros in 2023, compared to a profit of 1.18 billion euros in the previous year, a rise of 6.6 percent. Net profit was 1.14 billion euros vs. 1.35 billion euros in 2022, a drop of 15.4 percent. Core pre-provision income (PPI) jumped by 58.6
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Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
EconomyBankingAlpha Bank reported a net profit of 611 million euros in 2023, compared to a profit of 368 million euros in 2022. Normalised profit after tax for 2023 was 780 million euros, from 398 million in 2022, a rise of 96 percent. Core pre-provision income (PPI) in 2023 was 1.25 billion euros, from 717
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Producer prices continue to slide, down by 4.3 pct YoY in Feb
EconomyMacroeconomyGreece’s Producer Price Index (PPI) completed a full year of contraction in February, dropping by 4.3 percent year-on-year (YoY), after falling by 7 percent in January, ELSTAT data showed on Friday. The index had been growing over a two-year period since March 2021, before it turned negative
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