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Industrial production up 10.1 pct in Aug, marking 10-month recovery
EconomyMacroeconomy. According to the European Commission’s latest business surveys for September, industry confidence... in August. Markit notes that the latest figure confirms the health in the Greek manufacturing
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CPI rises by 2.2 pct in Sept as prices shoot up at highest rate since 2012
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) continued its march in September, increasing by 2.2 percent year-on-year (YoY), after a 1.9 pct rise in August, according to the latest data from the Hellenic... beginning to capture the price hikes felt across the economy. The latest figure of 2.2 percent has not been
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Industrial turnover jumps 31.6 pct in Aug as strong recovery is boosted by business abroad
EconomyMacroeconomy, posting growth of 18.2 in March this year. September is the latest in a series of impressive readings..., from 59.3 points in August. Markit notes that the latest figure confirms the health in the Greek
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Mitsotakis rules out another lockdown, dismisses criticism of new Covid measures
PoliticsGreek PoliticsControversy over the latest raft of Covid-19 measures rumbles on, with the opposition accusing the government of double standards and political opportunism and industry reacting to the cost... Accounting Office has estimated that tackling the latest wave of the pandemic is likely to add 150
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Oct CPI at highest since May 2011, led by natural gas, oil and electricity
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) continued its climb in October, rising by 3.4 percent year-on-year (YoY), from 2.2 percent in September, according to the latest data from the Hellenic Statistical... observed across the economy. The latest figure of 3.4 percent has not been recorded since May 2011
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OECD adds to strong recovery forecasts, sees 6.7 pct growth this year and 4.8 pct in 2022
EconomyThe OECD is the latest international organization to affirm the view that Greece is experiencing a strong economic recovery this year and will see continued expansion into 2022, assisted by the RRF... and productivity”. The forecasts are broadly in line with the Finance Ministry’s latest estimates included
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Nov CPI shoots up by 4.8 pct amid big rises in energy prices
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose sharply in November, climbing by 4.8 percent year-on-year (YoY), from 3.4 percent in October, according to the latest data from the Hellenic Statistical... and across the economy. The latest figure of 4.8 percent is the highest since January 2011, when it stood
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Newsletter 320 - 10/12/2021
Q3 performance puts GDP on track to beat expectations this yearThe release of the latest GDP figures... period of 2019, short by just 1.2 pct. Notable developments in the latest GDP components include
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Government U-turns again to tighten Covid measures over Christmas
PoliticsGreek PoliticsIn its latest about-turn on public health policy, the Greek government has announced a new raft of measures with immediate effect, aimed at slowing the spread of the Omicron variant in the country... Minister Thanos Plevris said that the latest evidence on the Omicron variant necessitated what he
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New Omicron measures met with exasperation by business and scepticism from opposition
PoliticsGreek Politicsorganisations will have to return to 50 pct remote working arrangements. Plevris warned that the latest... the government of making panicked responses and issuing cryptic guidance. The latest announcements, which few
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