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  1. GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP accelerated its gains in Q2, rising by 1.1 percent quarter-on-quarter (QoQ), from a 0.8 percent rise in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ now since Q2

    2%

  2. CPI at 3 pct in Aug, on upward trajectory for three straight months

    EconomyMacroeconomy

    The growth in Greece’s Consumer Price Index (CPI) picked up further pace in August with a rise of 3 percent year-on-year (YoY), after an increase of 2.7 percent in the previous month, according to the data released on Tuesday by the Hellenic Statistical Authority (ELSTAT). The average CPI

    2%

  3. Property prices see steady increase of 9.2 pct in Q2, pace of rise moderates further
    Image: MacroPolis

    EconomyMacroeconomy

    The growth in the nominal value of apartments in Greece continued at a steady pace in the second quarter of 2024, increasing by 9.2 percent year-on-year (YoY) from an upwards revised 10.6 percent in Q1 2024, Bank of Greece (BoG) data released on Tuesday showed. There has been a gradual slowdown

    2%

  4. Sharp drop in new car sales as vehicle registrations decrease by 5.8 pct in Aug
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time dropped by 5.8 percent year-on-year (YoY) in August, after a rise of 13.8 percent in July, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. In August 2023, licences had grown by 12.3 percent annually. Car

    2%

  5. Import prices drop by 1.6 pct YoY in Jul due to energy, as all other categories rise

    EconomyMacroeconomy

    Greece’s import price index turned into contraction in July, dropping by 1.6 percent year-on-year (YoY), after a 4.4 percent rise in June, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index recorded more than one year of consecutive negative readings

    2%

  6. Significant underspend pushes 8M primary balance to 7.57 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 7.57 billion euros by August, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday. During the eight months of the year, the primary balance came in 4.26 billion euros above the target. Expenditure

    2%

  7. Concerns about insipid public consultation process highlighted by treatment of climate plan

    EconomyFeatures

    by The Green Tank analyses the data from 12 years of public consultations through the OpenGov platform

    2%

  8. Newsletter 433 - 20/09/2024

    Newsletters

    by the latest inflation data for the eurozone released by ELSTAT, where HICP in Greece continued to climb

    2%

  9. Current account hampered by goods deficit in July as travel balance drops YoY
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account was in a 246.2 million surplus in July, from 270 million euros in June, Bank of Greece (BoG) data showed on Friday. In July 2023, the balance showed a surplus of 846.7 million euros. The Bank of Greece notes that this is mainly due to a deterioration in the balance of goods

    2%

  10. Manufacturing and mining growth push industrial turnover up by 11.7 pct YoY in July
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    Greece’s industrial turnover picked up pace in July, rising by 11.7 percent year-on-year (YoY) from a 5.6 percent increase in June, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. On a rolling 12-month basis, the industrial turnover was up by 1.1 percent

    2%