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Newsletter 197 -8/03/2019
by 0.1 percent quarter-on-quarter (QoQ) in the fourth quarter (Q4) of 2018, provisional estimates from the Hellenic Statistical Authority (ELSTAT) showed. The first estimate of the overall GDP figure... euros) and fell short of the Ministry of Finance’s (MoF) final budget estimate of 2.1 percent for 2018
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Summer season looks under threat as revenues fail to materialise
EconomyMacroeconomyhit to its tourism industry this year. In that estimate, EY cited tourism analytics company..., the initial estimate of 8 billion euros in tourism receipts this year is already looking optimistic in light of the low numbers of arrivals in July, which was not foreseen by estimates including EY.
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Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
Economy, essentially unchanged from its 8.1 pct estimate in April. Though uncertain, the recovery estimate remains... estimates have factored in the costs of adhering to the recent ruling by Council of State
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GDP falls 8.2 pct in 2020, but rises 2.7 pct QoQ in Q4
EconomyMacroeconomya first estimate of the overall GDP figure for 2020, showing GDP dropped by 8.2 percent in real terms... to revision in the second GDP estimate which ELSTAT will release later in the year. The GDP increase..., provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. Compared to Q4
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GDP rises by 2.3 pct QoQ in Q1 as consumption grows, but other components shrink
EconomyMacroeconomy. According to the Finance Ministry’s latest official estimates included in the Stability Programme for 2022-2025, the growth estimate is revised down to 3.1 pct, from the 4.5 pct figure included in the final 2022 budget. The latest inflation estimate has also been pushed up to 5.6 pct for HICP
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Despite downward revision, IMF sees Greece growing by 1.8 pct in 2023
EconomyMacroeconomy. The IMF cut the growth estimate for the eurozone by half to 0.5 pct for next year, from 1.2 pct seen in the previous estimate in July and the eurozone’s engine Germany is now seen in a small... stable in 2023 at 12.2 pct. Overall, this is a welcome set of data estimates from the Fund as over
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GDP records first quarterly drop in Q3 since pandemic, 9M GDP up by 5.9 pct YoY
EconomyMacroeconomyfor the Greek economy. According to the Finance Ministry’s latest official estimates included in the final budget of 2023 that is currently debated in Parliament, the growth estimate for 2022 was 5.6 pct and 1.8 pct for 2023. The most recent inflation estimate for the national CPI is 9.9 pct
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Q4 GDP grew by 1.4 QoQ, 2022 GDP rose 5.9 pct
EconomyMacroeconomymonths. According to the Finance Ministry’s latest official estimates included in the final budget of 2023, the growth estimate for 2022 was 5.6 pct and 1.8 pct for 2023. The most recent inflation estimate for the national CPI is 9.9 pct for 2022 and 5 percent for 2023. In the latest financial
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IMF forecasts high primary surpluses, tempers growth expectations
EconomyMacroeconomy. However, the IMF’s estimate for next year is significantly lower than the 3 pct forecast of the Greek... outlook for next year appears to be dimer compared to the Finance Ministry’s very bullish estimate.... presented its latest global economic and fiscal estimates. The Greek economy is seen continuing
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Newsletter 416 - 15/03/2024
. The Finance Ministry's estimate was missed by less than half a percentage point and was subject... households. The growth estimate of 2.9 pct included in this year's budget puts the finance ministry's forecast well above all other estimates by organisations that monitor the Greek economy, most of which
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