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Newsletter 440 - 08/11/2024
, with Eurostat’s HICP at 3.2 pct in October, consistently picking up pace from the 2.4 pct in May and well
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CPI moderates to 2.4 pct YoY in Oct, food inflation below headline number
EconomyMacroeconomypercent YoY. The price index was in deflation for the 12 months prior to May 2021 and prices have been
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Role of inflation in US elections gives government food for thought
EconomyMacroeconomydirection, with Eurostat’s HICP at 3.2 pct in October, consistently picking up pace from the 2.4 pct in May
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PM makes first direct contact with Trump, hoping to keep US-Greek relationship special
PoliticsGreek Politicsfour leftist MPs to announce that they would join him, there may be a brief hiatus. SYRIZA has been
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Mitsotakis dangles carrot of more tax cuts as SYRIZA heads for leadership vote
PoliticsGreek Politicsthe party’s next president may prove the last chance for reviving the leftists’ fortunes.
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Greek politics goes from stability to state of flux
Agoraby inflation (prices have been rising since May 2021), the growing impact of the climate crisis and the state’s
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Unemployment rate edges up to 9.8 pct in Oct
EconomyMacroeconomylow is a 7.1 percent unemployment rate in May 2008. Year-on-year, the number of employed people
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PMI posts moderate drop in Nov, difficulties in supply chain persist
EconomyMacroeconomyat the highest since May, and was substantial overall. "November saw a challenging month for the Greek
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OECD sees stable growth of 2.2 pct next year and persistent structural challenges
EconomyMacroeconomygrowth outpacing productivity may weaken exports. Additionally, climate change and extreme weather
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Androulakis treads fine line in opposition as pool of available voters dries up
PoliticsGreek Politicsthe balance needed to be regarded as a credible opposition. Ultimately, there may not be enough available
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