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  1. Seasonal factors take unemployment rate to 8.6 pct in Q2 - lowest since 2008
    Photo by MacroPolis

    EconomyMacroeconomy

    drop by 12 percent compared to the same quarter of 2024. The number of people employed amounted

    2%
  2. Jobs in education lead negative hiring balance of 20,728 in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s employment balance was negative in July with 20,728 more departures then hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in July last year had 34,979 more departures. This led to a year-on-year drop of 14,250 fewer departures. However

    2%
  3. Q2 GDP moderates further to 1.7 pct YoY as households spending slows
    Photo by MacroPolis

    EconomyMacroeconomy

    movements in Q1 were led by a drop of 0.1 percent QoQ in final consumption. Investments increased

    2%
  4. Trade deficit growth slows to 4 pct YoY in July driven by oil and non-EU markets
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , while those from non-EU countries had a drop of 10 percent. Exports to EU countries rose by 0.9

    2%
  5. Mitsotakis delivers major tax-cut package as he seeks to stay course for another term

    PoliticsGreek Politics

    announced by the PM: A universal 2-point drop in income tax (excluding the 9% introductory bracket

    2%
  6. August CPI moderates sligthly to 2.9 pct YoY, rents climb by 10.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    at 2.6 percent. Month-on-month (MoM), the CPI increased by 0.1 percent, from a drop of 0.4 percent

    2%
  7. Industrial turnover drops by 1.8 pct YoY in July, driven by markets abroad
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    a 0.8 percent drop in the previous period. Manufacturing revenue dropped by 1.7 percent YoY

    2%
  8. PMI drops to 52 pts in Sep as manufacturing sector continues to grow

    EconomyMacroeconomy

    exports fell for a fifth month, the fastest drop since December 2022. Production increased in September

    2%
  9. Falling property FDI raises questions about housing market after Golden Visa rush
    Image: MacroPolis

    EconomyMacroeconomy

    with a 3.3 pct YoY drop and remained in contraction until Q4 2017. The property index compiled

    2%
  10. Oil prices contribute to trade deficit falling by 18.8 pct YoY in Aug

    EconomyMacroeconomy

    , while those from non-EU countries had a drop of 22.6 percent. Exports to EU countries fell by 7.7

    2%