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  1. Newsletter 351 - 16/09/2022

    Newsletters

    should change the electoral law it passed in 2020 to bring down the threshold needed for a parliamentary... that Greek GDP is seen growing by 5.3 pct this year, from 3.1 pct before, with growth slowing down

    2%

  2. Energy pushes industrial turnover growth up by 38.9 pct YoY in Jul, as index records rare monthly drop

    EconomyMacroeconomy

    in manufacturing and 2.3 percent in mining and quarrying. Monthly, the domestic market was down by 3.6 percent..., from -0.2 in July. Since September last year, industry confidence is down by 3.7 points. Overall

    2%

  3. Tourism jobs tumble in Aug, ending 6-month run of positive hirings balance
    Photo by MacroPolis

    EconomyMacroeconomy

    are wound down. Hires were up by 14,914 jobs compared to August last year, while departures are up..., with the highest in 15-24 with 17,659 more departures. Broken down by employment activity, the public sector

    2%

  4. Despite strong annual growth, flow of loans to enterprises in Aug at lowest since Jan
    Photo via https://flic.kr/p/5Yb76K

    EconomyMacroeconomy

    . The corporate lending balance’s net monthly flow was positive by 182 million euros, slowing down.... Consumer credit was down by 5 million euros, to 8.8 billion euros. Lending to sole proprietors

    2%

  5. Building permits turn positive in June, but rise for H1 settles at just 1.3 pct YoY

    EconomyMacroeconomy

    is lower by 11.2 percent while volume is also down by 2.5 percent. This is a much more modest construction... by 2.9 points to -31.9. Construction is now 41.8 points down from September last year.

    2%

  6. Newsletter 355 - 14/10/2022

    Newsletters

    and there is no indication of prices slowing down any time soon. All estimates by international... and the slow down next year is only attributed to comparisons with the high base set in 2022. Additionally

    2%

  7. Deposits up to highest since 2011 after 2.27 bln rise in Sep
    Photo via https://flic.kr/p/95a2dS

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system in September accelerated to 2.27 billion euros, after it had slowed down to just 89 million euros in August, and 483 million euros... to 2.54 billion and other deposits were down by 278 million to 23.9 billion. There was a reversal

    2%

  8. CPI slows to 9.1 pct YoY as electricity and natural gas prices drop MoM
    Photo via https://flic.kr/p/9bNvX6

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) grew by 9.1 percent year-on-year (YoY) in October, slowing down from the jump of 12 percent in September, according to the data released on Thursday... in September. Month-on-month the HICP was down by 1.2 percent. In October, the annual CPI movement

    2%

  9. EC cuts 2023 growth forecast by more than half to 1 pct
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    inflation is seen at 10 pct for 2022 and 6 pct for 2023, slowing down to 2.4 pct in 2024... expected to slow down as European partners and the global economy will experience their own

    2%

  10. Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    . Spending is contained by almost 2 billion euros, primarily due to winding down most of the pandemic..., at 159.3 pct of GDP, down from 168.9 pct of GDP in 2022 and compares to the previous high in 2020

    2%