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Despite months of input cost declines, rise in agriculture prices doubles to 3.8 pct in Nov
EconomyMacroeconomy-on-year (YoY), doubling from the 1.9 percent in the previous month, ELSTAT data showed on Monday... in November, after a drop of 4.5 percent in the previous month. Month-on-month, input prices also dropped by 1 percent, from a 0.5 percent rise in the previous months, resuming the monthly drops. Energy
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PM changes tune on inflation, ready to take further steps
PoliticsGreek Politicspct year-on-year (YoY) in December, up from 3 pct in the previous month. The aggregate CPI for 2023... from the 9 pct of the previous month. There were some alarming price hike numbers recorded... of the two previous years, when it mostly relied on handouts to cushion Greek households from the impact
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Economic sentiment up in Jan, consumer confidence plunges by 6 pts
EconomyMacroeconomyat 95.9 points in January, stable from the 95.8 points in the previous month. The euro area’s ESI... the previous month. Since February last year, industry confidence is down by 7 points. The services index... by 5.7 points from the previous month. The index is currently up by 12.5 points on a rolling 12-month
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Labour market comes to rest, unemployment at 10.5 pct in Q4
EconomyMacroeconomy, dropping to 10.5 percent, from 10.8 percent in the previous quarter, Hellenic Statistical Authority.... A total of 488,667 were registered as unemployed in Q4, decreasing by 5 percent from the previous... of people employed amounted to 4.18 million in Q4, decreasing by 1.7 percent compared to the previous
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Industrial Production growth slows to 1.6 pct YoY in Feb as electricity supply drops
EconomyMacroeconomypercent year-on-year (YoY), after a solid 10.2 percent rise in the previous month, according... recorded a decrease of 1.7 percent, after a rise of 3.1 percent in the previous month. The annual... to positive ground at 4.8 points, from -4.2 points in the previous month. Since April last year
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Ankara's reaction to marine parks proposal highlights obstacles to Greek-Turkish dialogue
PoliticsForeign Policywill request “work to be taken forward on the joint communication in line with previous European... guidance from the European Council as needed”. Even though there is a clear reference to previous Council.... Recalling its previous conclusions, “the European Council remains fully committed to a comprehensive
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Retail sales and volumes show worrying signs, turnover down 3.8 pct in Feb
EconomyMacroeconomyadjusted index increased by 0.7 percent, after a 5.3 percent drop in the previous month. The volume’s... points, from -44.7 points in the previous month. Consumer confidence is roughly 7 points lower... in April at 108.5 points, after a strong recovery in March, from 108.4 points in the previous month.
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Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar
EconomyMacroeconomypercent year-on-year (YoY), after a significant slowdown to 1.6 percent in the previous month, according... recorded a decrease of 1.3 percent, after a drop of 1.7 percent in the previous month. The annual... in the previous month. Since May last year, industry confidence is now up by 2.2 points. In addition
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Industrial turnover back in contraction again in Mar, falling by 6 pct YoY
EconomyMacroeconomypercent, from 5.5 percent in the previous month. Manufacturing revenue was down by 5.9 percent..., industry confidence stayed on positive ground at 1.9 points, down from 4.8 points in the previous..., from 108.4 points in the previous month.
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Fuel and food trigger retail sales jump of 10.9 pct in Mar
EconomyMacroeconomyin the previous month. The volume’s monthly movement was up by 6.2 percent. Compared to March 2023... in the previous month. Consumer confidence is roughly 13 points lower on a 12-month rolling basis. Overall... in the previous month.
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