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  1. Rise of 17.3 pct in arrivals by Sept means receipts already exceed 2019 record
    Athens Airport metro

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 3.03 billion euros in September, from 4.11 billion euros in August, according to Bank of Greece (BoG) data released on Tuesday. September’s balance was 13.5 percent higher than the 2.67 billion euros registered in September 2022. The balance

    2%

  2. Greece - Some structural macroeconomic arithmetic
    Photo by MacroPolis

    Agora

    ] The latter variable is described as average labor productivity (Q/L). From historical data, we can see

    2%

  3. Despite slowdown, property prices jump by 11.9 pct YoY in Q3
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in the nominal value of apartments in Greece stayed strong in Q3 2023, increasing by 11.9 percent year-on-year (YoY) from an upwards revised 14.5 percent in Q2 2023, Bank of Greece (BoG) data released on Thursday showed. This is a slight slowdown from the peak of Q1 2023, when prices

    2%

  4. Aug sees second annual drop in building activity with 4 pct decline
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits posted the second negative reading of the year in August, falling by 4 percent year-on-year (YoY), after a rise of 7.5 percent in July, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Tuesday. Permits have been growing annually this year except

    2%

  5. Retail sales rise by 3.3 pct in Sep, but falling volume reflects challenges
    Image: MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales stayed in positive ground in September, with a rise of 3.3 percent year-on-year (YoY), after a 2.7-percent rise in August, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The corresponding volume index recorded a drop of 3.6 percent. Sales volumes have been

    2%

  6. Falling energy costs drive down producer prices by 13.5 pct in Oct
    Image: https://flic.kr/p/nvyL2P

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) contracted for the eighth successive month in October, dropping sharply by 13.5 percent year-on-year (YoY), after falling by 4.3 percent in September, ELSTAT data showed on Thursday. The index was in negative territory for most of 2020 and up to March 2021, when

    2%

  7. SYRIZA tempers targets as Kasselakis struggles to keep party afloat
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    Zoe Konstantopoulou. The polling data indicates that SYRIZA has lost 10.9 pct of its voters to KKE

    2%

  8. What is driving the Greek housing market's recovery?
    Photo by MacroPolis

    EconomyFeatures

    drawn by the government’s Golden Visa scheme. In this case, the data now available seems to back up

    2%

  9. SYRIZA rebels unveil new group as Kasselakis talks up EP vote prospects
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    pct. Given this survey data, it was even more surprising that in an interview with Alpha TV on Monday

    2%

  10. GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP was essentially unchanged in Q3, rising by 0.02 percent quarter-on-quarter (QoQ), from 1.1 percent rise in Q2, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Wednesday. The Greek economy has been growing continuously QoQ now since

    2%