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  1. Eurosystem funding falls by 1.24 bln in Jan, banknotes in circulation fall below Nov 14 figure

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding declined by 1.24 billion euros month-on-month (MoM) in January, the Bank of Greece's (BoG) final financial statement for January 2019 has revealed. As of January, the total for central bank funding comes to 9.83 billion v...

    4%

  2. Unemployment rate edged up again in Jan, reaching 18.5 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate came to 18.5 percent in January, edging up from an upward revised rate of 18.4 percent in December, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. For the same month in 2018, the un...

    4%

  3. Building permits drop by 10.2 pct in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits decreased by 10.2 percent year-on-year (YoY) in January, deepening from a decline of 7.5 percent seen in December, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The latest monthly headline figure is the second ...

    4%

  4. Economic sentiment at 108.4 in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) fell by 1 point in January to reach 108.4 points, European Commission (EC) figures showed on Thursday. January's reading is 12.2 points below the series high of 120.6 noted in July 2000. Compared to January 2019, the ES...

    4%

  5. PMI at 54.4 points in Jan as employment growth hits all-time high
    Photo by James Montgomerie via Flickr https://flic.kr/p/jY8Sn

    EconomyMacroeconomy

    Greece’s manufacturing PMI increased to 54.4 points in January from 53.9 points in December, according to the latest data from Markit PMI. Markit noted that the headline figure marked the fastest overall improvement in the health of the Greek manufactur...

    4%

  6. Credit contraction unchanged at 0.6 pct in Jan, balance at 153.43 bln

    EconomyMacroeconomy

    Credit contraction in the Greek market came to 0.6 percent in January, unchanged from December, Bank of Greece (BoG) figures showed on Thursday. This led the outstanding balance to stand at 153.43 billion from 154.19 billion in the previous month. The n...

    4%

  7. Govt offers more energy subsidies in Jan to cushion impact of high prices
    Photo by MacroPolis

    PoliticsGreek Politics

    The government attempted on Friday to address one of its major policy concerns at the start of 2022, offering broader subsidies for rising energy bills in the hope that it will not suffer politically from the impact inflation is having on Greek househol...

    4%

  8. Economic sentiment on up again after 4.2 pt rise in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) continued its upward trend in January, after a pause in December, increasing by 4.2 points to 114.2, according to European Commission figures released on Friday. ESI had dropped by 3.1 points to 110 in December Economic...

    4%

  9. Car sales drop by 8.7 pct in Jan for first drop since Feb 2021
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time dropped by 8.7 percent year-on-year (YoY) in January, following a rise of 21.4 percent in December, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In January 20...

    4%

  10. CPI reaches 6.2 pct in Jan as inflation hits highest since late 1990s
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) picked up further pace in January, rising by 6.2 percent year-on-year (YoY), following a 5.1 percent increase in December, according to the latest data from the Hellenic Statistical Authority (ELSTAT) released on Tues...

    4%