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  1. Manufacturing continues to grow in April, sector sentiment highest since Jan 2022

    EconomyMacroeconomy

    Greece’s Manufacturing PMI continued its expansion trend in April, falling marginally to 52.4 points, from 52.8 points in March, according to S&P Global data released on Tuesday. This is the third month that the conditions in the Greek manufacturing sector have improved, leading to the second

    2%

  2. Far-right party banned, possibly reducing threshold for election majority
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    a surprise surge in support that would take it above the 3 pct threshold. The ProRata poll data

    2%

  3. Newsletter 379 - 05/05/2023

    Newsletters

    . Data presented by the Finance Ministry showed that 392 projects with a total envelope of 12.33

    2%

  4. Risk of poverty drops to 26.3 pct, reflecting post-Covid rebound
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    The latest poverty data from ELSTAT covering 2022, using 2021 as reference year, was published on Monday. It captures the post-pandemic economic recovery, recording a drop of 2 percentage points for the population at risk of poverty and social exclusion to 26.3 percent. This came after a rise

    2%

  5. CPI moderates to 3 pct, but food inflation persists at 11.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The rise in Greece’s Consumer Price Index (CPI) decelerated further in April, with prices rising by 3 percent year-on-year (YoY), when it increased by 4.6 percent in March, according to the data released on Wednesday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling

    2%

  6. Newsletter 380 - 12/05/2023

    Newsletters

    this narrative. SYRIZA has traditionally had an aversion to engaging in data-based discussions

    2%

  7. 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

    2%

  8. Import prices fall sharply by 12.7 pct in Mar, as energy drops by 28.4 pct

    EconomyMacroeconomy

    The contraction of Greece’s import price index accelerated in March, falling by 12.7 percent year-on-year (YoY), after dropping by 5.6 percent in February, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday. February’s reading was the first negative print since

    2%

  9. Budget primary surplus of 2.43 bln in April thanks to 1.64 bln tax outperformance
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 2.34 billion euros in April, compared to a deficit of 799 million euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the first four months of the year, the budget

    2%

  10. Jobs in hotels, hospitality push April hirings balance to near-record level
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance in April was positive by 123,079 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in April last year was 124,365 more hires, an all-time April record, suggesting a minor drop of 1,286 jobs. Total

    2%