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  1. Retail sales up by 20.2 pct YoY in Mar, effects of inflation emerge in volume data
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , but this trend started reversing last May when it stood at -21.9 points. Retail trade sentiment increased by 1.1... since June 2021. The overall economic sentiment (ESI) recovered by 2.9 points in May, rising to 108

    2%

  2. Verbal exchanges with Turkey intensify, but voters still largely focussed on inflation
    Photo by MacroPolis

    PoliticsGreek Politics

    and voters may be partly discounting the current stand-off as campaign-influenced aggravated rhetoric... than in May. SYRIZA’s backing has risen by half a point since last month to 24 pct. PASOK-KINAL has

    2%

  3. Industrial production drops by 4.5 pct YoY in Apr as electricity supply falls by almost 30 pct MoM
    Photo via https://flic.kr/ps/Us79n

    EconomyMacroeconomy

    Commission’s latest business surveys for May, industry confidence rose by 2.1 points to 5.9. Since June... in May to 53.8 points, according to S&P Global data released on Wednesday. This is the lowest

    2%

  4. Where is Odysseus? Part 4 - Unemployment and Employment
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    . We can first consider how the economy may transition from today’s high (cyclical) unemployment rate... the economic crisis of the 2010s. Still, for now, we assume that the natural UR may settle at 7 percent

    2%

  5. Fire on outskirts of Athens puts PM's crisis strategy under scrutiny
    Image: MacroPolis

    PoliticsGreek Politics

    Stylianides, a Cypriot national with honorary Greek citizenship, is for the role given that he may lack.... This led Mitsotakis to claim in Parliament last year that while there may have been shortcomings since

    2%

  6. Economic sentiment slides by 3 pts in July to lowest in over a year, construction mood sours
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    recent low in May 2020 following the outbreak of the pandemic, dropping to 84.3. The EU average ESI... in May 2021 when the indicator stood at -21.9 points. The current consumer confidence was reached

    2%

  7. Producer prices climb by 39.9 pct in June, but record first back-to-back monthly drops since 2020
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    The pace of Greece’s Producer Price Index (PPI) annual growth slowed down further, still with another explosive rise in June of 39.9 percent year-on-year, after shooting up by 43 percent in May.... Month-on-month (MoM), the index dropped by 0.6 percent, after a decline of 2.9 percent in May

    2%

  8. Impact of uncertainty on economy starting to emerge in hard data
    Photo via https://flic.kr/p/29HRurs

    EconomyFeatures

    to the highest levels for decades. Consumer confidence in Greece had been sliding since May 2021... on Greece’s trade balance, which is going deep into deficit each month. The total deficit up to May

    2%

  9. Unemployment rate drops to 12.1 pct in June, lowest since before first MoU
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate de-escalated further in June, falling to 12.1 percent from 12.5 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday... percent unemployment rate in May 2008. Year-on-year, the number of employed people increased by 155,318

    2%

  10. Growth of industrial production accelerates to 8.4 pct in June, highest rate for 2022
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) recorded back-to-back gains in June, rising by 8.4 percent year-on-year (YoY), after increasing by 3.6 percent in May, according to Hellenic Statistical..., after a 2.4 percent increase in May. The annual movement in the index was led by a 13.2 percent

    2%