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  1. Wages index down by 1.9 pct in Q1, records back-to-back annual drops
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    holidays and maternity leave). The index in Q1 2021 had a solid 5.8 percent annual increase... drops. The NSA index came to 100.5 points, from 118.8 in Q4 2021, reflecting a solid drop of 15.4

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  2. Industrial turnover grows 33.3 pct YoY in Apr, but manufacturing leads monthly drop
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s industrial turnover growth remained solid in April, rising by 33.3 percent year-on-year (YoY), from 38.4 percent in March, according to data released by the Hellenic Statistical Authority... is the lowest in more than one year, but still indicates solid operating conditions in the Greek

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  3. PBO urges continued fiscal discipline amid growing instability

    Economy

    in developments in the near term. On the positive side, Greece recorded solid growth of 7 pct in the first..., up 2.5 times last year’s equivalent figure. The first four months are also marked by solid fiscal

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  4. Retail sales up by 18.8 pct YoY in Apr, but monthly and volume data point to slowdown
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    The growth in Greece’s retail sales maintained a solid pace of 18.8 percent year-on-year (YoY) in April, from 20.2 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday... percent and food sales were up by 7.5 percent. Clothing and footwear experienced a solid annual rise

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

    Agora

    (the solid line). We don’t want to let the Covid-19 episode define employment on the downside, so we have... of real GDP, which is presented in Figure 2. Again, we show the current path as the solid line

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  6. Monthly and volume retail sales data shrink in May, reflecting cost-of-living crisis
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The growth in Greece’s retail sales experienced a significant slowdown in May, rising by 5.1 percent year-on-year (YoY) from a solid 18.8 percent in April, Hellenic Statistical Authority (ELSTAT... by 1.4 percent. Aside from fuels, solid growth was seen in furniture and electrical equipment, up by 11.8

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  7. PBO sees medium-term risks mounting, despite positive near-term outlook

    EconomyMacroeconomy

    . The PBO highlights that the economy recorded solid growth in the first half of the year, growing by 7.7... to an unemployment rate of 12.6 pct. Solid growth, combined with expectations beating inflation of 11.2 pct

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  8. Economic sentiment recovers 3.4 pts in Sept, buoyed by rise in services
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) reversed the recent declines and posted a solid rise by 3.4 points in September, moving up to 105.1 points after a marginal drop of 0.1 points to 101.7 in August.... The services index increased by a solid 17 points to 37.2. Services confidence is now broadly

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  9. Retail sales grow by 11.9 in Jul, but volume data continues to tell different story
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    , non-food was up by 2.9 percent and food sales were up by 14.6 percent. Aside from fuels, solid growth.... Overall, economic sentiment (ESI) reversed the recent declines and posted a solid rise by 3.4 points

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  10. Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    of a solid first half growth of GDP and a good tourism season, however, economic activity is seen... performance could be considered for an upgrade, solid improvements in banks’ balance sheets

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