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  1. Consumer confidence takes off in May as rest of sectors deliver mixed data
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) recorded a minor drop of 0.6 points in May, falling to 108.1 points, after rising by 1.9 points in April, according to European Commission figures released on Tuesday. Sentiment has been improving in five of the last seven months. However, the index remains below

    2%
  2. Producer prices record back-to-back decline in Apr as energy falls by 24.4 pct YoY
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    ), the index decreased by 0.3 percent, after a drop of 5.8 percent in the previous month

    2%
  3. Wages rise by 7 pct, offset by 7.8 pct 12-month rolling CPI
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    2019, employment has increased by an impressive 19 pct, despite a drop of 6 pct in 2020 to 2.05 million

    2%
  4. Import price index falls for third straight month in Apr as energy prices contract by 35 pct

    EconomyMacroeconomy

    , this year’s number has a significant base effect. Month-on-month, the index posted a drop of 0.7 percent

    2%
  5. Unemployment unchanged at 11.8 pct in Q1, sharp fall in long-term jobless
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    people, a drop of 2.4 percent quarterly and unchanged year-on-year.

    2%
  6. Building activity jumps by 34.2 pct in Mar, Q1 permits up 13.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    and the sharpest drop since 2020 when in April it had dropped by 22.4 percent, due to the pandemic

    2%
  7. Deposits rise by 794 mln in May, balance at 186.42 bln

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system was positive by 794 million euros in May, after a small drop of 15 million euros in April, based on the latest Bank of Greece (BoG) figures released on Wednesday. The annual growth in May was 3.3 percent year on year (YoY), from

    2%
  8. Credit growth slows to 3.1 pct in May, as flow to corporations contracts
    Photo via https://flic.kr/p/5Yb76K

    EconomyMacroeconomy

    was negative by 275 million euros in May, after a 789 million euros drop in April. The outstanding balance

    2%
  9. Producer Price Index contracts for third consecutive month, down 12.9 pct in May
    Photo via PPC https://flic.kr/p/9qi65R

    EconomyMacroeconomy

    ), the index decreased by 2.6 percent, after a drop of 0.3 percent in the previous month. This is four

    2%
  10. Government launches new round of legislation with diaspora vote bill
    Photo by MacroPolis

    PoliticsGreek Politics

    to drop to below 140 pct from more than 170 pct at the end of last year. Mitsotakis also intends

    2%