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  1. Newsletter 385 - 16/06/2023

    Newsletters

    bigger leap, from 2.9 pct to 5.5 pct. MeRA25 is seen rallying at the last minute to rise from... Vehicle registrations in May accelerated with 5.6 pct annual growth, from 1.1 pct in the previous

    9%

  2. CPI maintains upwards trend with 2.7 pct rise in Aug, food inflation at 10.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 5.5 percent, from 6.2 percent in the previous month. Month-on-month, the CPI was unchanged in August, from 1.1 percent decrease in July. In August 2022, the CPI was up by 11.4 percent YoY

    9%

  3. Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    , led by taxes that are seen reaching 61.33 billion euros, above target by 5.5 billion euros... 20.96 billion euros. The primary surplus of 2023 will land at 1.1 pct of GDP, or 2.56 billion euros

    9%

  4. CPI rise eases to 1.6 pct in Sep, but food up by 9.4 pct
    Image: MacroPolis

    EconomyMacroeconomy

    in September increased by 4.7 pct, from 5.5 pct in the previous month. Month-on-month, the CPI increased by 1.8 pct, from a drop of 1.1 percent in August. In September 2022, the CPI was up by 12 pct YoY

    9%

  5. Nov headline CPI at 3 pct, food price inflation three times higher
    Image: MacroPolis

    EconomyMacroeconomy

    , the HICP was down by 1.1 pct. In November, the annual CPI movement was led by a 9 pct increase in food... and restaurants. Clothing and footwear jumped by 6.5 pct and health increased by 5.5 pct. Education was up by 3.5

    9%

  6. Greece aims to replicate last year's successful debt strategy in 2024
    Photo byPanayotis Tzamaros/Fosphotos

    Economy

    needs in 2024 will amount to just short of 19 billion euros, with roughly 5.5 billion euros to meet debt... by 2060, on the assumption of average 1.1 to 1.5 pct growth from 2027 onwards, average primary

    9%

  7. CPI at 3 pct in Aug, on upward trajectory for three straight months

    EconomyMacroeconomy

    by 5.5 percent mainly due to rentals for dwellings, services for the repair and maintenance... to 11.3 percent YoY, vegetables were up by 3.1 percent, while reductions in the prices of fruits were 1.1

    9%

  8. Sep CPI almost unchanged at 2.9 pct, food inflation rises above headline number again

    EconomyMacroeconomy

    points on the index movement, and 5.5 percent in hotels, cafes, and restaurants. Clothing... in household equipment and transport by 0.6 and 1.1 percent respectively. Food inflation remains persistent

    9%

  9. Government tables 2025 budget, seeing stable growth, solid public finances and lower debt
    Photo by MacroPolis

    EconomyMacroeconomy

    percent, from 1.1 percent this year, leading to an unemployment rate based on the labour force survey... will drop to 239.5 billion euros, led by a reduction of 5.5 billion euros to 213.4 billion euros

    9%

  10. Economic sentiment slides in Nov, led by services and construction
    Photo by MacroPolis

    EconomyMacroeconomy

    strongly to 11.3 points, from 5.5 in October, now down almost 11 points from December last year. Construction confidence went further into negative territory to -7.8 points, from -1.1 points previously

    9%