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  1. Wage index continues to rise in Q1 with 5.9 pct YoY growth
    Photo via https://flic.kr/p/2mWYuuz

    EconomyMacroeconomy

    129.5 in Q4 2024, reflecting a sharp drop of 14.6 percent QoQ. Wages in Greece were in negative

    4%
  2. PMI remains in expansion at 53.1 in June, though firms see export and cost challenges
    Photo via https://flic.kr/p/29HRurs

    EconomyMacroeconomy

    . However, growth in new work was limited by a second consecutive monthly drop in new export orders

    4%
  3. Unemployment at 7.9 pct in May, lowest since Nov 2008
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    of 2024, amounting to 370,369, a 25.8 percent drop. Unemployment is steadily moving away from the half

    4%
  4. Jump in corporate deposits takes balance to highest since Jan 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    The Greek banking system’s private sector deposits grew strongly in June, with a net increase of 5.1 billion euros, after a 1.22-billion-euro drop in May, according to the latest Bank of Greece (BoG) figures released on Friday. The annual growth in June was 5.3 percent year on year (YoY), from 4.8

    4%
  5. PMI drops to 52 pts in Sep as manufacturing sector continues to grow

    EconomyMacroeconomy

    exports fell for a fifth month, the fastest drop since December 2022. Production increased in September

    4%
  6. Low-productivity economy a legacy of adjustment without transformation
    Image: MacroPolis

    Economy

    exceeding the drop in productivity, implying a redistribution of income away from wage earners. Flexible

    4%
  7. EC autumn forecasts project stable growth and fiscal outlook
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    surplus is seen stable at 1.2 pct of GDP in 2024 to 1.1 pct this year, reflecting a drop in the primary

    4%
  8. PMI drops marginally in Nov amid declining export orders and rising input costs
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    Greece’s manufacturing PMI recorded a drop in November to 52.7 points, from 53.5 points in the previous month, S&P Global data showed on Monday. The data indicates a modest but continued improvement in operating conditions, with the sector now in nearly three years of uninterrupted monthly growth

    4%
  9. Newsletter 487 - 05/12/2025

    Newsletters

    , with the drop accelerating on the back of subdued international demand. Input prices rose sharply, due

    4%
  10. Unemployment rate falls to 8.2 pct in Nov, lowest since 2008
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate had a modest drop in November to 8.2 percent, from 8.6 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Friday. In November last year, the unemployment rate was 9.7 percent. Despite minor fluctuations in recent

    4%