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  1. Industrial turnover contracts in Aug, falls sharply by 23.6 pct MoM
    Photo by MacroPolis

    EconomyMacroeconomy

    of wood and cork, except furniture, and textiles. Revenue in the domestic market increased by 2

    5%

  2. Revision of GDP to have varied knock-on effect
    Photo by MacroPolis

    EconomyMacroeconomy

    The Hellenic Statistical Authority (ELSTAT) released this week the second estimate for 2023 GDP, along with some benchmark revisions of the base year to 2020 and the years prior, starting at 1995. ELSTAT revised up the growth outcome for last year, from 2 pct in the March first estimate to 2.3 pct

    5%

  3. PASOK sees post-leadership election boost as Androulakis unveils shadow cabinet
    Image: https://kinimaallagis.gr/

    PoliticsGreek Politics

    significant lead. PASOK has, however, picked up over 2 percentage points to rise to 15.3 pct from

    5%

  4. Building activity returns to growth with 15.2 pct YoY rise in Jul
    Photo by MacroPolis

    EconomyMacroeconomy

    to 5.2 points, from 9.8 points previously. The index is currently up by roughly 2 points on a rolling

    5%

  5. VAT and income tax boost revenues, budget underspend at 4.25 bln in Sep
    Photo by MacroPolis

    EconomyMacroeconomy

    of the transfers to SSFs by over 2 billion and non-allocated expenditure that is 1.37 billion euros below

    5%

  6. Boosted by corporations, Sep deposits reach highest since Apr 2011
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    down by 155 million to 37.19 billion. Corporate deposits increased by almost 2 billion euros to 50.53

    5%

  7. IMF forecasts add to concerns about sluggish growth ahead
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    and marginally slow down to 2 pct in 2025. The alarming sign came from the IMF estimate for 2029, which sees

    5%

  8. Newsletter 440 - 08/11/2024

    Newsletters

    above the 2 pct eurozone HICP. Aside from foods, which appear to be rising more moderately from

    5%

  9. Little common ground found in Gerapetritis-Fidan meeting, but talks to continue
    Image: https://www.mfa.gr/

    PoliticsForeign Policy

    . In the meantime, on December 2 the two deputy Foreign Ministers Alexandra Papadopoulou and Memet Kemal

    5%

  10. Role of inflation in US elections gives government food for thought

    EconomyMacroeconomy

    and well above the 2 pct eurozone HICP. Aside from foods, which appear to be rising more moderately

    5%