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  1. Retails sales contract 1 pct in June, volumes fall as food dips by 6.2 pct YoY

    EconomyMacroeconomy

    percent rise in the previous month. The volume’s monthly movement was down by 3.8 percent. Compared... as it dropped by almost 7 points to -35.4, after a rise of 2.5 points in the previous month. Retail

    3%
  2. Aug PMI marks seventh month of improved manufacturing conditions, cost pressures resume
    Photo via https://flic.kr/p/vFAyry

    EconomyMacroeconomy

    funding supported investment opportunities. The rate of growth eased since the previous month... this year. In their attempt to drive sales, and adjusting for the previous three months of cost declines

    3%
  3. GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
    Photo by MacroPolis

    EconomyMacroeconomy

    (ELSTAT) revealed on Wednesday. The marginal revision of the previous quarter took away the 0.1... in 2023, from 1.2 seen in the previous estimate in February. In its latest World Economic Outlook

    3%
  4. Industrial production contracts again in July, as electricity supply drives 1.9 pct drop
    Photo via https://flic.kr/p/bwZLC3

    EconomyMacroeconomy

    a contraction of 1.1 percent in the previous month. The annual movement in the index was led... for the eighth successive month gaining 2.7 points to 3.8, after dropping by 2.8 points in the previous

    3%
  5. Import prices dropped by 14.4 pct YoY in Jul, although energy segments rose MoM

    EconomyMacroeconomy

    , the index posted an increase of 4.8 percent, from a rise of 0.5 percent in the previous month. June’s... turned negative to 0.6 percent, from 2.8 percent rise in the previous period. In July

    3%
  6. Wages growth slows to 4.3 pct YoY in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    percent in the previous quarter. The index in Q2 2023 came to 109.1, from 107.8 in the previous quarter

    3%
  7. Mitsotakis prepares to meet Erdogan, hoping to build on recent momentum
    Photo via https://www.tccb.gov.tr/en/

    PoliticsForeign Policy

    encounter of 2023 took place almost 1.5 years following the previous one, on the sidelines... the progress achieved in the previous four years. “I do not interfere in Albanian justice

    3%
  8. Agriculture output prices jump 28.7 pct YoY in Jul, despite input costs falling

    EconomyMacroeconomy

    The output index in agriculture recorded an increase of 28.7 percent year-on-year (YoY) in July, from 30.6 percent in the previous month, ELSTAT data showed last week, underlining the challenge... in the previous month. Month-on-month, input prices also dropped by 0.6 percent, from a 0.3 percent decrease

    3%
  9. 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 2.4 pct annually in September, down from 3.5 pct in the previous month. Month-on-month

    3%
  10. Energy a key driver for further import prices drop of 14.6 pct in Aug

    EconomyMacroeconomy

    in the previous month. After seven consecutive monthly contractions, the index has been growing monthly since... in the previous period, turning negative on a rolling basis. In August, there was a 20.5 percent decrease

    3%