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  1. GDP rises by 2.3 pct QoQ in Q1 as consumption grows, but other components shrink

    EconomyMacroeconomy

    in the previous forecast in February. The Commission doubled its inflation forecasts to 6.3 percent... for the year. The latest OECD forecasts are to be published on June 8, while in the previous one issued

    1%
  2. Economic sentiment slides by 3 pts in July to lowest in over a year, construction mood sours
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    stood at 97.6 points in July, dropping 4.2 points from the previous month. The euro area’s ESI was 99... again April’s previous low and is back to where it was in the summer of 2017. The Employment

    1%
  3. Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent seen in the previous forecast in February. The Commission doubled its inflation forecasts... pct and 2.9 pct in the previous forecast.

    1%
  4. Despite solid annual growth of 28.1 pct, import prices record first back-to-back monthly drop since 2020

    EconomyMacroeconomy

    in the previous month. In July, there was a 38.4 percent rise from the non-eurozone market, and a more... in the previous month.

    1%
  5. Inflation at 12 pct in Sep as CPI records highest monthly rise of the year
    Photo by MacroPolis

    EconomyMacroeconomy

    , from 7.9 percent in the previous month. Month-on-month, the CPI increased by 2.9 percent, after two drops of 0.3 and 1.8 percent in the previous months. This is the largest monthly rise this year

    1%
  6. Industrial production back in negative territory for Sep as electricity supply drops sharply

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) dropped into negative territory in September, falling by 1.1 percent year-on-year (YoY), after growing by 4.4 percent in the previous month, according... adjusted index also recorded a decrease of 3 percent, after a drop of 1.1 percent in the previous month

    1%
  7. EC cuts 2023 growth forecast by more than half to 1 pct
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    is expected to grow by 6 pct in 2022 in real terms, up from the 4 pct expected in the previous... appears to be more entrenched compared to previous estimates, when in the summer the Commission

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  8. Record FDI flow into Greece raises bar, but is it sustainable?
    Image: MacroPolis

    EconomyFeatures

    destination. We examine the composition of the new wave of FDI compared to previous years to try and identify... the country welcomed a 90 pct increase in FDI on the previous year. At just over 5.3 billion euros

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  9. Economic sentiment partially recovers to 101.4 in Nov, consumer confidence also up
    Photo by MacroPolis

    EconomyMacroeconomy

    the previous month. The euro area’s ESI was 93.7 points, also up by 1 point from October. The recovery... stayed broadly unchanged at -25.8 points, from -26 points in the previous month. The remains some

    1%
  10. Growth in import prices slows to 21.3 pct in Oct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    percent in the previous month. The index’s 12-month rolling movement also slowed to 29.8 percent, from 30.9 percent in the previous period. In October, there was a 26.8 percent rise from the non

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