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Retail sales recorded 3.7 pct rise in 2023, but volume dropped by 3.3 pct
EconomyMacroeconomyGreece’s retail sales made strong gains in December, in line with the seasonal trend, with a rise... rise in foods and non-food up by 2.2 percent. According to the latest business indicators... points to 104.8 in February, after a strong recovery in January.
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Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar
EconomyMacroeconomy. while water supply was up by 1.6 percent. Electricity supply recorded a strong rise of 8.2 percent... in the previous month. Since May last year, industry confidence is now up by 2.2 points. In addition... than a year. Although this is the lowest print in three months it still signals strong improvement
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Industrial turnover back in contraction again in Mar, falling by 6 pct YoY
EconomyMacroeconomythis is the lowest print in three months it still signals strong improvement in the sector, one... month. Since May last year, industry confidence is now up by 2.2 points. Overall, Greece’s economic sentiment (ESI) remained broadly unchanged in April at 108.5 points, after a strong recovery in March
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Newsletter 429 - 28/06/2024
that he had abandoned the party’s patriotic roots, pointing to his strong stance on migration... path in the short-term, with the estimate for this year at 2.2 pct, then 2.5 pct in 2025 and 2.3 pct..., retail was stable and construction sentiment had a solid rise. Credit May data added another strong
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Newsletter 435 - 04/10/2024
the area on Monday, wreaking havoc. However, ND continues to maintain a strong lead over a relatively... are that Kasselakis still has strong backing. Of those questioned, 43.5 pct backed Kasselakis, 25.8... once again to revise down its growth estimate for this year to 2.2 pct, when in the final 2024 budget
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Newsletter 455 - 14/03/2025
also launching strong criticism of the government’s handling of the case. Known for her abrasive... leading rating agencies and its strong record of fiscal discipline that have significantly improved... increased by 2.2 pct. Excluding the impact of oil products and the value of ships, imports increased
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Macro and fiscal outlook for Greece remain favourable in latest EC forecasts
EconomyMacroeconomydemand remained strong despite a contractionary fiscal stance, leading to increased imports. However... income growth, these factors are projected to sustain GDP growth at 2.3 pct in 2025 and 2.2 pct in 2026—above the long-term potential. Strong import demand will continue due to the high import content
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Newsletter 465 - 06/06/2025
led across all age groups, with particularly strong support among 17 to 44-year-olds. However, recent... that the eurozone average, and the fiscal picture remains strong. As usual, the report for Greece names... by 2.2 pct, from 2.5 pct in Q4 2024. The quarterly movements in Q1 were led by a rise of 1.2 pct QoQ
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Scope leaves rating unchanged at 'BBB', ups outlook to positive
Economystable to positive, reflecting the country’s growing economic resilience, strong fiscal performance..., and the labour market, have further strengthened growth fundamentals. Scope sees 2025 growth at 2.2 pct...-interest rates, with most of it held by official creditors. These factors provide strong protection
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EC autumn forecasts project stable growth and fiscal outlook
EconomyMacroeconomy. GDP is expected to grow 2.1 pct this year and 2.2 pct in 2026, driven by steady private consumption.... Strong demand and a tight labour market will slow the pace of disinflation. Headline inflation... points from its 2020 peak, is expected to sustain its decline to 138 pct in 2027, driven by strong
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