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Economic sentiment improves in July, consumer confidence continues to slide
EconomyMacroeconomy94.2 points in June. Consumer confidence continues to slide to -47.6 points, from -46.9 points
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Producer prices on six-month run of rises after 1.6 pct YoY increase in Jun
EconomyMacroeconomyGreece’s Producer Price Index (PPI) continued growing in June, with a rise of 1.6 percent year-on-year (YoY), after an increase of 2 percent in May, ELSTAT data showed on Wednesday. This is the sixth consecutive positive reading after a period of contraction that started in March 2023. The index
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Car market still buoyant as sales rise by 2.8 pct YoY in July
EconomyMacroeconomyVehicles going into circulation for the first time rose by 2.8 percent year-on-year (YoY) in July, after an increase of 13.4 percent in June, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In July 2024, licences had increased by 13.8 percent annually. Car sales
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PM's strategic bet on Israel meets domestic blowback over Gaza
PoliticsGreek Politicshave been limited, while the domestic fallout is growing. According to a June survey by QED, 55 pct
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Significantly contained spending pushes July primary surplus 4.36 bln above target
EconomyMacroeconomydue later in the month. The ministry notes that the budget includes the collection in June
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Primary balance up to July confirmed at 7.94 bln due to underspend, tax revenues
EconomyMacroeconomybillion euros. The ministry notes that the budget includes the collection in June of the amount of 1.35
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Energy drives 0.5 pct YoY fall in July producer prices as other components rise
EconomyMacroeconomyGreece’s Producer Price Index (PPI) recorded a minor contraction in July, with a drop of 0.5 percent year-on-year (YoY), after an increase of 1.6 percent in June, ELSTAT data showed on Friday. This is the first contraction of the year, following six consecutive positive readings. The index had
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August CPI moderates sligthly to 2.9 pct YoY, rents climb by 10.9 pct
EconomyMacroeconomywas in June 2022 with 12.1 percent and was in double digits between April and September of 2022
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Polls indicate PM’s tax-cut offer fails to move needle as voters remain pessimistic, concerned
PoliticsGreek PoliticsDemocracy at 21.8 pct, a slight dip from June figures. When responses are extrapolated to simulate
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Industrial turnover drops by 1.8 pct YoY in July, driven by markets abroad
EconomyMacroeconomyGreece’s industrial turnover dropped in July, with a decrease of 1.8 percent year-on-year (YoY), from a 0.1 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 down by 2 percent, from
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