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  1. Newsletter 442 - 22/11/2024

    Newsletters

    billion euros. The latest taxation report by OECD, capturing 2022 data, highlights the peculiarities

    2%

  2. Details of 2025 budget point to complex economic challenges ahead
    Image: MacroPolis

    EconomyMacroeconomy

    euros. The latest taxation report by OECD, capturing 2022 data, highlights the peculiarities

    2%

  3. Building activity rises by 10.5 pct YoY in Aug, up 19.5 pct in 8M
    Image: MacroPolis

    EconomyMacroeconomy

    Building activity remained in growth in August, with an increase of 10.5 percent year-on-year (YoY), after a sharp rise of 15.2 percent in July, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Thursday. The total number of permits issued in August reached 1,787, from

    2%

  4. Producer prices down by 2.3 YoY in Oct on back of fuel drop, rise in other categories
    Image: https://flic.kr/p/ebWd8J

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) remained in contraction in October, dropping by 2.3 percent year-on-year (YoY), after a decline of 4.5 percent in September, ELSTAT data showed on Wednesday. With the exception of July this year, which provided the first positive reading since February 2023

    2%

  5. PMI posts moderate drop in Nov, difficulties in supply chain persist
    Photo via https://flic.kr/p/N3FV1

    EconomyMacroeconomy

    Greece’s Manufacturing PMI recorded a moderate drop in November, falling to 50.9 points, from 51.2 points in October, according to S&P Global data released on Monday. The conditions in the Greek manufacturing sector have been improving since February 2023, with the latest figure being the second

    2%

  6. Property price growth slows to 7.8 pct YoY in Q3, index near prior all-time high
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in the nominal value of apartments in Greece slowed in the third quarter of 2024, increasing by 7.8 percent year-on-year (YoY) from an upwards revised 9.4 percent in Q2 2024, Bank of Greece (BoG) data released on Tuesday showed. There has been a gradual slowdown from the growth peak

    2%

  7. CPI stable at 2.4 pct in Nov, food inflation lowest since 2021
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in Greece’s Consumer Price Index (CPI) was stable in November with a rise of 2.4 percent year-on-year (YoY), the same as in the previous month, according to the data released on Tuesday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period

    2%

  8. Car sales record moderate 1.8 pct YoY rise in Nov, up 2.9 pct this year
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 1 percent year-on-year (YoY) in November, after an increase of 2.1 percent in October, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday. In November 2023, licences had grown by 24.3 percent annually

    2%

  9. Drop in energy prices bring import index down by 5.5 pct YoY in Oct
    Image: https://flic.kr/p/4nopDC

    EconomyMacroeconomy

    Greece’s import price index remained in contraction in October, dropping by 5.5 percent year-on-year (YoY), after a 10.6 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index recorded more than one year of consecutive

    2%

  10. Budget rolls on with solid primary surplus of 12 bln in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 12.01 billion euros up to November, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. During the eleven months of the year, the primary balance came in 2.1 billion euros above the target

    2%