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  1. GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
    Photo by MacroPolis

    EconomyMacroeconomy

    by 7.9 percent. Household spending was up by 3.2 percent YoY, while government spending was down by 1.4 percent annually. Exports rose by 0.1 percent year-on-year, with goods down by 1.8 percent

    2%

  2. Vehicle sales rise 8.3 pct YoY in Aug, led by new passenger cars
    Photo by MacroPolis

    EconomyMacroeconomy

    of lorries (1,628) down by 22.6 percent and buses (60) down by 11.8 percent. Motorcycle sales increased

    2%

  3. Current account deficit shrinks to 7 bln in 7 months as energy and imports ease
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    billion euros, down from 21.42 billion euros in 2022. The oil deficit has been reduced, from 6.37... was 13.77 billion euros, from 14.97 billion euros in 2022. Imports totalled 47.52 billion euros, down

    2%

  4. Newsletter 394 - 22/09/2023

    Newsletters

    by 43.1 pct in June, hence some base effects in this year’s numbers. Manufacturing revenue was down... decreased by 3.8 pct, while the non-domestic market was down by 20.5 pct. Agricultural Prices

    2%

  5. Consumer confidence takes 10-point dive in September
    Photo by MacroPolis

    EconomyMacroeconomy

    points of October 2022. The EU average ESI stood at 92.8 points in September, down from the 93.2 points of the previous month. The euro area’s ESI was 93.3 points, also slightly down from the 93.6

    2%

  6. PBO draws attention to effects of climate crisis on public finances
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    . The PBO notes that inflation figures are on the decline, with HICP down to 3.5 pct in August and core inflation also down to 6 pct, from 7.2 pct in the previous month, though way off the ECB’s

    2%

  7. Current account deficit drops further, at 6.85 bln up to Aug from 11 bln last year
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    of almost 21 billion euros, down from 25.04 billion euros in 2022. The oil deficit has been reduced... euros, down from 60.24 billion euros up to August 2022. Exports were 33.2 billion, from 35.2 billion

    2%

  8. Economic sentiment continues slide in Oct, consumer confidence low

    EconomyMacroeconomy

    in the previous month. Since November last year, industry confidence is down by -0.5 points... 12-month. Retail trade dropped sharply by almost 13 points to 15.8, down by 2.5 points from November last

    2%

  9. Hiring balance up to August improves by 43,573 jobs YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    are up by 5,079 year-on-year, while voluntary exits were down by 4,322. Hires were up by 17,897 jobs... group with 14,856. Broken down by employment activity, the catering sector led with a balance

    2%

  10. Government braces for self-employed tax protests, but insists on soundness of measure
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in the private sector whose income is taxed at source – will probably welcome the move to clamp down... polls. However, Sunday’s To Vima reported that the Finance Ministry is considering watering down

    2%