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  1. CPI falls by 1.1 pct YoY in May
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) fell by 1.1 percent year-on-year (YoY) in May compared to a decline of 1.4 percent seen in April, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday. The average CPI for the rolling 12 months fell by 0.1 percent. Month-on-month, the CPI for May

    21%

  2. Credit growth edges up to 1.1 pct in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    Credit movement in the Greek private sector increased by 1.1 percent year-on-year (YoY) in November, from a rise of 0.9 percent in October and 0.8 percent in September, Bank of Greece (BoG) figures released on Wednesday showed. The growth in credit expansion has remained broadly stable after

    21%

  3. Growth in car sales slows to 1.1 pct in April
    Photo by David Rankin https://flic.kr/p/AntsE2

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time slowed down considerably in April, growing by 1.1 percent year-on-year (YoY), after rising strongly in March by 31.3 percent, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In April 2022, the year-on-year

    21%

  4. GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP accelerated its gains in Q2, rising by 1.1 percent quarter-on-quarter (QoQ), from a 0.8 percent rise in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ now since Q2

    21%

  5. Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
    Photo by MacroPolis

    EconomyMacroeconomy

    of 24.5 percent. In contrast, taxes on corporate income to GDP fell from 2.1 percent in 2011 to 1.1.... In measuring the performance of VAT, the OECD provided the VAT revenue ratio (VRR) as a comparative

    20%

  6. Labour compensation and productivity in the EU-27 and Greece
    Photo by Giannis Papanikos/Fosphotos

    Agora

    by about 1.1 percent compounded annual rate, from almost 28 euros in 2000 to just over 35 euros per... in the EU-27 and in Greece, and linking this to wages. In blog 6 we noted that measuring productivity

    20%

  7. Employment and wage data explains why Greeks struggle to see growth dividends
    Photo via https://flic.kr/p/2cusZK8

    Agora

    market faces challenges, particularly for women and youth. Despite a 1.1 pps increase... and the Council published the joint employment report for the EU, measuring member states against 17

    20%

  8. Productivity developments in the Greek public and private sector
    Photo by MacroPolis

    Agora

    line of argument. Measuring productivity and productivity growth in the government sector... of quality and prices and volumes all the time, hence measuring private sector efficiency and productivity.... This is not exactly the same, but comes very close to, measuring real GDP for the private and public

    15%

  9. Gennimata aims to secure centre-left leadership in run-off vote
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    appeared to be promoting a company’s clothing (waistcoat, belt and bandanna) as being therapeutic

    15%

  10. Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The positive flow in April is almost entirely attributed to corporate sector net additions of 763... positive for the third successive month, with net additions climbing to 763 million in April

    14%