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  1. Industrial production records marginal drop of 0.1 pct YoY in Feb due to electricity supply

    EconomyMacroeconomy

    since March 2024 when it had the last recorded drop of 0.6 percent. Month-on-month (MoM), the seasonally adjusted index in February recorded a sharp drop of 3.3 percent, after a drop of 0.8 percent... index was led by repair and installation of machinery and equipment, electrical equipment, basic metals

    40%
  2. Eurosystem funding drops by 2.80 bln in February, led by ELA reduction

    EconomyMacroeconomy

    with the latest reduction coming on March 8, when the ECB announced that the ELA ceiling for Greek

    39%
  3. Deposit rise of 1.3 bln in May led by corporates as household savings drop
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system in May stayed positive at 1.31 billion euros, from 1.35 billion euros in April, and negative movement of 989 million seen in March, based on Bank of Greece (BoG) figures released on Wed...

    39%
  4. Newsletter 253 -12/06/2020

    Newsletters

    and similar levels to the one achieved in January. The issue attracted more than 215 accounts led... and by gradually raising the ceiling on the T-bills rollovers. The latest OECD economic outlook... sales drop by 49.1 pct in May Aggregate decline comes to 34.9 percent Road motor vehicles going

    39%
  5. Newsletter 67 - 18/03/2016

    Newsletters

    had lowered the emergency liquidity assistance (ELA) ceiling of Greek banks by 100 million to 71.3... by hundreds of refugees from the Idomeni camp in northern Greece triggered a chain reaction that led... percent to 3.64 million and a drop in the number of unemployed by 5.7 percent to 1.17 million

    38%
  6. Fall in industrial production speeds up in October with 5.2 pct drop

    EconomyMacroeconomy

    The Industrial Production Index (IPI) took on a faster downward trend in October with a drop of 5.2... Statistical Authority (ELSTAT). The October performance led 10-month figure was down 3.8 percent, similar... digit drop. Note also that the IPI had only four positive year-on-year (YoY) readings since April

    38%
  7. Car sales drop by 8.7 pct in Jan for first drop since Feb 2021
    Photo by MacroPolis

    EconomyMacroeconomy

    Authority (ELSTAT) data released on Friday. In January 2021, the year-on-year change was a drop of 27.8 percent. Car sales in January came to 14,044 compared to 15,983 last year, a drop of 12.1 percent... cars in 2021 came to 198,552, led by passenger cars at 166,574, followed by lorries at 30,516 and buses

    38%
  8. Energy drives drop of 4.2 pct YoY in import prices drop for June

    EconomyMacroeconomy

    Greece’s import price index continued its contraction in May, with a drop of 4.2 percent year..., the index also decreased by 0.7 percent, from a drop of 3.9 percent in the previous month. The index... and electricity down by 9 percent. The monthly movements were led by electricity supply with 11.1

    38%
  9. Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb

    EconomyMacroeconomy

    , falling by 2.2 billion following a slower drop of 1.13 billion in the previous month, Bank... uncertainty. Following a request by the BoG, the ECB decided to increase the ELA ceiling for Greek banks... in March after a similar drop of 1.46 billion in February and settled at 17.31 billion at the end

    38%
  10. GDP records first quarterly drop in Q3 since pandemic, 9M GDP up by 5.9 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    and imports also dropped by 0.3 percent. The export drop was led by a decrease in services exports, which..., from 7.1 percent year-on-year (YoY) growth in Q2. The quarterly movements in Q3 were led... percent was led by the jump in services, which increased by 3 percent, and exports of goods were down

    38%