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  1. CPI stable at 2.3 pct in June, food prices drop below headline figure for first time since 2022
    Photo by MacroPolis

    EconomyMacroeconomy

    of the dwelling, natural gas and heating oil. Communications were also down by 0.7 percent, while... percent YoY, and reductions observed in the prices of fruits that were down by 7.4 percent and olive

    2%
  2. Growth in vehicle sales remains subdued in June, H1 up by 6.5 pct YoY
    Image: https://flic.kr/p/cBTPu

    EconomyMacroeconomy

    ) down by 7.7 percent and buses (96) down by 7.7 percent. Motorcycle sales increased by 10.9 percent

    2%
  3. Kasselakis ousts controversial MP, intensifying speculation about plans for SYRIZA
    Photo by MacroPolis

    PoliticsGreek Politics

    to oust Polakis has not gone down well with a section of SYRIZA’s support who felt that the Cretan.... For Polakis’s admirers, the decision to expel him is a sign that Kasselakis wants to water down SYRIZA’s

    2%
  4. Led by energy, producer prices drop by 0.7 pct YoY in June
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    market dropped 2.4 percent annually, led by electricity and gas supply down by 10.4 percent... in the overall market, energy products were down by 3 percent YoY, intermediate goods decreased by 0.4

    2%
  5. Greece courts danger
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    This could go down as the week that Greek justice took over from Liz Truss as the world’s briefest joke. It would be funny if it wasn’t so worrying. On Tuesday, Greece’s Supreme Court announced... slipping so far down the World Press Freedom Index that it became the lowest-ranked EU country

    2%
  6. Manufacturing leads industrial turnover rise of 4.7 pct YoY in Jun
    Photo by MacroPolis

    EconomyMacroeconomy

    (ELSTAT) on Tuesday. On a rolling 12-month basis, the industrial turnover was down by 0.8 percent..., industry confidence is now down by 5.7 points. Overall, Greece’s economic sentiment (ESI) fell sharply

    2%
  7. Economic sentiment slides further in Aug, consumer confidence drops sharply
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    in the previous month. Since September last year, industry confidence is now down by 1.7 points. The services... points, from 19.3 in July, now down almost 5 points from September last year. Construction confidence

    2%
  8. Producer prices record first rise for 16 months, inching up by 0.1 pct in Jul
    Photo by James Montgomerie via Flickr https://flic.kr/p/jY8Sn

    EconomyMacroeconomy

    in the domestic market dropped 0.5 percent annually, led by electricity and gas supply down by 3.1 percent.... In the broader categories in the overall market, energy products were down by 1.2 percent YoY, intermediate

    2%
  9. Finance Ministry's defence of economic record highlights area of policy weakness
    Photo by MacroPolis

    EconomyMacroeconomy

    hourly wages since 2009 are down by over 20 pct, when in eurozone peers with negative growth in the same... of a currency devaluation. The by-product of going down this route is that although the economy

    2%
  10. IMF forecasts add to concerns about sluggish growth ahead
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    and marginally slow down to 2 pct in 2025. The alarming sign came from the IMF estimate for 2029, which sees the economy slowing down significantly to 1.3 pct. This is aligned with the long-standing position

    2%