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  1. Building activity records another sharp drop of 21.9 pct YoY in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    Building activity recorded another sharp drop at the start of 2025 with a decrease of 21.9 percent year-on-year (YoY) in February, after a drop of 17 percent in January, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Wednesday. The total number of permits issued

    2%

  2. Newsletter 464 - 30/05/2025

    Newsletters

    in the latest CPI data. The government understands that supply cannot be easily addressed and therefore

    2%

  3. Rise in producer prices eases to 0.5 pct YoY, in growth for four straight months
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) slowed in April, with a rise of 0.5 percent year-on-year (YoY), after an increase of 2.1 percent in March, ELSTAT data showed on Friday. This is the fourth consecutive positive reading after a period of contraction that started in March 2023. The index had been

    2%

  4. PMI unchanged in May as signs of tariff effects, weak EU demand start to show
    Photo via https://flic.kr/p/2b7ecKE

    EconomyMacroeconomy

    Greece’s Manufacturing PMI was unchanged in May at 53.2 points, according to S&P Global data released on Monday. The manufacturing sector continued to expand in May, extending the growth trend that began in February 2023. The overall improvement in the sector’s health was solid and historically

    2%

  5. Growth in property prices stable at 6.8 pct YoY in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in the nominal value of apartments in Greece slowed marginally in the first quarter of 2025, increasing by 6.8 percent year-on-year (YoY) from an upwards revised 7 percent in Q4 2024, Bank of Greece (BoG) data released on Monday showed. There has been a gradual slowdown from the growth

    2%

  6. Finance Ministry seeks solutions to address growing housing problem

    Economy

    pace annually even in the latest CPI data. More measures The government understands that supply

    2%

  7. Accommodation and hospitality drive April hiring balance to highest on record
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance was strong as is usually the trend in April with 133,907 more hires than departures in April, according to data from the Labour Ministry’s Ergani information system. The hiring balance in April last year was also positive, with 132,352 more hires. This led to a year

    2%

  8. Newsletter 465 - 06/06/2025

    Newsletters

    half of the year and enough macro data for the year that shape the macro outlook.MacroeconomyCharts

    2%

  9. Q1 GDP virtually unchanged with just 0.04 pct QoQ growth, investments drop sharply
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP was virtually unchanged in Q1, rising by 0.04 percent quarter-on-quarter (QoQ), from a 0.8 percent increase in Q4, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ now

    2%

  10. CPI increases to 2.5 pct YoY in May, housing costs soar by 6 pct

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) picked up pace in May with a rise of 2.5 percent year-on-year (YoY) in May, from 2 percent in the previous month, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period was 2.5

    2%