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  1. Despite PMI rise of 0.9 pts in Sept, manufacturing stays in contraction for third month

    EconomyMacroeconomy

    Greece’s Manufacturing PMI improved by 0.9 points in September, rising to 49.7 points, from 48.8 points recorded in August, according to S&P Global data released on Monday. September’s PMI captured the third consecutive decline in the state of the Greek manufacturing sector, though S&P Global notes

    2%

  2. Trade deficit of 2.9 bln in Aug takes aggregate to 23.66 bln, up by 60 pct YoY
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    The rise in Greece’s trade deficit slowed further in August, but increased by a sizable 29.9 percent year-on-year, according to data released by ELSTAT on Friday. This came after a 33.3 percent jump in July. The deficit came to 2.9 billion euros for August. Imports totalled 7.69 billion euros

    2%

  3. Inflation at 12 pct in Sep as CPI records highest monthly rise of the year
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) jumped back up in September, rising by 12 percent year-on-year (YoY), from 11.4 percent in August, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period increased to 8.7 percent

    2%

  4. Industrial production up by 3.9 pct in Aug as rare monthly contraction is recorded
    Photo via https://flic.kr/p/2iUFUMF

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) continued recording gains in August, although by a more modest 3.9 percent year-on-year (YoY), after rising by a downwards revised 6.5 percent in July, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. The index has now grown

    2%

  5. Car market growth slows to 4.9 pct for 9M, from 23.1 pct last year
    Photo by MacroPolis

    EconomyMacroeconomy

    The rise in road motor vehicles going into circulation for the first time slowed down in September, rising by 4.7 percent year-on-year (YoY), from 19.1 percent in August, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. In September 2021, the year-on-year change

    2%

  6. Opposition parties reject official conclusions of surveillance inquiry
    Photo by MacroPolis

    PoliticsGreek Politics

    from the importance of civil rights, such as the protection of privacy and personal data. Only

    2%

  7. Despite downward revision, IMF sees Greece growing by 1.8 pct in 2023
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    stable in 2023 at 12.2 pct. Overall, this is a welcome set of data estimates from the Fund as over

    2%

  8. Newsletter 355 - 14/10/2022

    Newsletters

    caused by the new government’s mini budget. According to the latest data up to July, there were more

    2%

  9. Import price growth accelerates to 32 pct, food imports indicate significant price rise
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s import price index grew strongly in August by 32 percent year-on-year, picking up pace from the 28.1 percent of July, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index reversed the growth slowing down of the three previous months, from the 39.1

    2%

  10. Preliminary Sep budget records 37 mln primary surplus as taxes outperform by 4.9 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to September 2022 came to a small surplus of 37 million euros, compared to a deficit of 5.96 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat the target

    2%