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  1. Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ

    EconomyMacroeconomy

    a downward revised 1.1 percent in the last quarter of 2022, provisional data from the Hellenic..., published mid-May, the Bank of Greece reiterates its growth outlook of 2.2 pct in 2023, with consumption... sees this year’s growth substantially revised from the 1.1 pct of January, and now it expects the Greek

    8%
  2. Newsletter 465 - 06/06/2025

    Newsletters

    intent by unveiling €1.1 billion in spending, including €600 million allocated to renters, pensioners... of 1.1 billion euros, with 600 million euros directed at a one-off handout to pensioners and the rebate... by 2.2 pct, from 2.5 pct in Q4 2024. The quarterly movements in Q1 were led by a rise of 1.2 pct QoQ

    8%
  3. Greek retail trade turnover index declined by 3.7 pct in December
    Photo by MacroPolis

    EconomyMacroeconomy

    ). The aggregate figures for the whole year displayed retail turnover and volume eased by 1.1 and 0.4... and footwear by 2.2 percent and pharmaceutical products and cosmetics also by 2.2 percent. Retail turnover has

    8%
  4. Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising
    Photo by MacroPolis

    Economy

    to 2.4 percent from 2.2 percent before. The Commission notes that the drop in oil prices... balance is now expected to post a deficit of 2.1 percent in 2015 and 2.2 percent in 2016 versus a surplus of 1.1 and 1.6 percent respectively forecasted before three months. Lower GDP growth and worsening

    8%
  5. CPI falls at slightly higher pace of 1 pct in September

    EconomyMacroeconomy

    ). In contrast, the biggest rises in September prices were recorded in clothing and footwear (+2.2 percent), alcoholic beverages and tobacco (+1.5 percent) and hotels, cafes and restaurants (+1.1 percent... (+5 percent) and solid fuels (+2.2 percent). Compared to the previous month, CPI in September

    8%
  6. Economic sentiment and consumer confidence deteriorate in Feb
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) fell by 2.2 points in February after remaining stable... in February, returning to the same level as in November after a short-lived revival of 2.2 points...), while modest drops have been posted by consumer confidence (-1.4 points) and retail trade (-1.1

    8%
  7. CPI falls by 1.3 pct YoY in February; increases 0.2 pct MoM
    Photo by MacroPolis

    EconomyMacroeconomy

    of -2.2 percent seen in July 2015. The data showed that the core index fell by 1 percent in February, less... while the services index fell by 1.1 percent YoY. The harmonised index of consumer prices (HICP) fell... in transport. This was followed by household equipment (-2.2 percent) and housing (-1.9 percent

    8%
  8. GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
    Photo by MacroPolis

    EconomyMacroeconomy

    in 2025. In its growth forecasts, the Parliamentary Budget Office expects the economy to grow by 2.2 pct this year and by 2.2 pct in 2024. The European Commission upped its outlook on Greece for this year... growth substantially revised from the 1.1 pct of January, and now it expects the Greek economy

    8%
  9. Greek pensions: The unsolvable equation
    Photo by Ivan T https://flic.kr/p/e6FhzZ

    Agora

    of measures were legislated that have a full year effect of 1.1 billion euros, according to the budget... to slip further in 2015. Total wages that exceeded 33 billion euros in 2009, dropped to 22 billion... to the general government monthly bulletin, in 2015 pension funds had a total of 35.3 billion in revenues

    7%
  10. Newsletter 296 - 14/05/2021

    Newsletters

    YoY. The harmonised index of consumer prices (HICP) fell by 1.1 percent YoY in April. Compared... were clothing and footwear (-1.1 percent) and household equipment (-1.2 percent). CPI has remained..., followed by a 2.6 percent rise in manufacturing. Mining and quarrying fell 1.1 percent, while the water

    7%