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  1. Industrial production on up again in May as manufacturing expansion triggers 3.2 pct rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) resumed its recovery in May, rising by 3.2 percent year...-on-month (MoM), the index recorded a rise of 2.4 percent in May, after a drop of 9.1 percent MoM in April..., from 5.8 points in May. Since July last year, industry confidence is down by 7.5 points. In addition

    9%

  2. Energy products drive import price to second highest ever growth of 37.3 pct in May
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s import price index grew at a solid pace in May, posting another rise of 37.7 percent year... of the index also accelerated to 28.6 percent, from 27.3 percent in the previous month. In May.... The latest producer price in industry for May shot up by 43 percent, although it had the first month

    9%

  3. Subdued start for building activity as permits record back-to-back drop in May
    Photo by MacroPolis

    EconomyMacroeconomy

    The decline in building permits slowed in May, falling by just 0.4 percent year-on-year (YoY), after a 10 percent decline in April, according to the latest data released by the Hellenic Statistical... and strictest lockdown. The total number of permits issued in May reached 2,220, from 2,229 in May 2021

    9%

  4. Mitsotakis sets May 21 election date, eyes opposition MPs as potential allies

    PoliticsGreek Politics

    Kyriakos Mitsotakis announced on Tuesday that elections will take place on May 21, just hours after... will take place on the third Sunday in May. He indicated that if a second vote is needed, it would take... deputies will likely drive a hard bargain to join the government and may choose to leverage their influence

    9%

  5. Budget primary surplus comfortably beats target in May as taxes outperform by 2 bln
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 2.29 billion euros in May, compared to a deficit of 1.49 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF... to May showed a deficit of 1.13 billion euros, from a 4.07-billion-euro deficit in May 2022

    9%

  6. Deposits rise by 794 mln in May, balance at 186.42 bln

    EconomyMacroeconomy

    euros in May, after a small drop of 15 million euros in April, based on the latest Bank of Greece (BoG) figures released on Wednesday. The annual growth in May was 3.3 percent year on year (YoY), from... in May stood at 186.42 billion euros, reflecting corporate deposits of 44.63 billion euros

    9%

  7. Building activity grows by 15.8 pct in May, up 11.5 pct in first five months
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits recorded a decent movement in May, rising by 15.8 percent year-on-year (YoY... saw the first annual decline since July last year. The total number of permits issued in May reached 2,570, from 2,220 in May 2022. The corresponding surface area increased by 7.5 percent YoY, while

    9%

  8. Growth in vehicle registrations slows in May, up 7.7 pct in first five months
    Photo by MacroPolis

    EconomyMacroeconomy

    (YoY) in May, after a strong 36.3 percent jump in April, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. In May 2023, licences had grown by 5.6 percent annually. Car sales in May came to 22,959 compared to 22,877 in 2023, an increase of just 0.4 percent. Passenger cars

    9%

  9. Corporations lead way as deposits rise by 303 mln in May
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    The net private sector deposits in the Greek banking system slowed in May with a rise of 303... released on Thursday. The annual growth in May was 2.5 percent year on year (YoY), from 2.8 percent in the preceding month. The outstanding balance of private sector deposits in May stood at 190.91

    9%

  10. Late Easter helps retail sales rise by 14.3 pct YoY in May
    Image: MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales jumped in May with a 14.3 percent year-on-year (YoY) rise, after an 1.3.... The corresponding volume index also recorded a solid increase of 10.5 percent YoY. May this year was favoured...’s monthly movement was up by 10.6 percent. Compared to May 2023, automotive fuel was up by 17.7

    9%