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  1. Newsletter 338 - 20/05/2022

    Newsletters

    above the 2019 levels. The first four months are down by 19.1 pct compared to 2019. Similar trends..., with the rate down to 12.2 percent, compared to 16.8 percent in the same month last year, leading

    2%

  2. Helped by trading gains, Eurobank posts 305 mln in Q1 profits
    Photo by MacroPolis

    EconomyBanking

    percent in Q1, down by 8.2 percentage points (pps) year-on-year, while NPE coverage increased... in Q1 at 11.63 billion euros, slightly down from 11.66 billion euros of TLTRO III loans. Deposits were

    2%

  3. Retail sales up by 20.2 pct YoY in Mar, effects of inflation emerge in volume data
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    down by 1.3 percent. The latest business indicators for April published by the European Commission... points to 2.2, staying off the recent high in December. The sector sentiment is down by 0.3 points

    2%

  4. Where is Odysseus? Part 3 - Participation
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    , Iceland, Netherlands), which brings their statistics for hours worked per employee down (the OECD... years. After this transition period, the labor force is bound to drop again, as pulled down

    2%

  5. Seasonal jobs account for 7 in 10 hirings as balance nears 100,000 in May
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    year, as all measures preserving jobs are wound down. Both hirings and departures were significantly... in the 45-64 age group at 32,012 more hires. Broken down by employment activity, accommodation jobs dominated

    2%

  6. Where is Odysseus? Part 4 - Unemployment and Employment
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    be adjusted up or down, then workers and their labor unions will be cautious with labor cost demands..., even during the Covid episode, so we now take this down, as a baseline hypothesis to 7 percent

    2%

  7. Building activity slows again in Mar, as Q1 rise reaches 6.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in building permits slowed down in March, with total permits rising by 2.8 percent year-on-year (YoY) from a 13.7 percent rise in February, according to the latest data released... in May. Construction is now 15.7 points down from July last year.

    2%

  8. Industrial production on up again in May as manufacturing expansion triggers 3.2 pct rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    2020, the index was down by 3.2 percent, recording seven consecutive months of declines. Month..., from 5.8 points in May. Since July last year, industry confidence is down by 7.5 points. In addition

    2%

  9. Vehicle sales drop again YoY in June as only used passenger cars sales grow
    Image: https://flic.kr/p/cBTPu

    EconomyMacroeconomy

    The rise in road motor vehicles going into circulation for the first time slowed down to 2 percent year-on-year growth in June, after an increase of 21.3 percent in May, according to Hellenic... percent, new passenger car sales were down by close to 20 pct. New road motor cars decreased by 17.6

    2%

  10. Where is Odysseus? Part 5 - Productivity
    Photo via https://flic.kr/p/2cusZTV

    Agora

    , in blog 19, the assumption that unemployment could drift down to 7 percent of the labor force allows... the results with pessimism, as economies can, and do, rebound, when events settle down into more

    2%