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Newsletter 423 - 17/05/2024
was virtually unchanged at 3.1 pct year-on-year (YoY) from the previous month, while prices for food... of 1.3 pct, from a rise of 0.4 pct in the previous month. In terms of industries, energy rose
2% -
CPI slows to 2.4 pct in May as food price increases ease
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) slowed down in May with a rise of 2.4 percent year-on-year (YoY), after an increase of 3.1 percent in the previous month, according to the data... of consumer prices (HICP) increased by 2.4 percent annually in May, from 3.2 percent in the previous month
2% -
Wages index continues growth in Q1 with 6.8 pct YoY rise
EconomyMacroeconomy, the index increased by 1.5 percent, after a drop of 0.5 percent in the previous quarter, the first quarterly drop since Q3 2021. The index in Q1 2024 came to 116.2 points, from 114.5 in the previous
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CPI stable at 2.3 pct in June, food prices drop below headline figure for first time since 2022
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) moderated slightly in June with a rise of 2.3 percent year-on-year (YoY), after an increase of 2.4 percent in the previous month, according... of consumer prices (HICP) increased by 2.5 percent annually in May, from 2.4 percent in the previous
2% -
Inflation up to 2.7 pct in July as housing costs keep rising
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) picked up pace in July with a rise of 2.7 percent year-on-year (YoY), after an increase of 2.3 percent in the previous month, according to the data... of consumer prices (HICP) increased by 3 percent annually in July, from 2.5 percent in the previous month
2% -
Megafire surges into Athens suburbs, posing major challenge for PM
PoliticsGreek Politicsthe northern part of Evia island in 2021, burning 46,000 hectares In the case of previous megafires... in power, including last year’s floods and snow blizzards during previous years. SYRIZA leader Stefanos
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Manufacturing leads industrial turnover rise of 4.7 pct YoY in Jun
EconomyMacroeconomyconfidence turned negative to -1.6 points from 3.7 points in the previous month. Since August last year... in July, reaching 106.8 points, from 110.5 points in the previous month.
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Wages index rises by 8 pct YoY in Q2, taking growth to more than 2 years
EconomyMacroeconomypercent, after a rise of 1.8 percent in the previous quarter. The index in Q2 2024 came to 119 points, from 117 in the previous quarter. The index’s record high of 120.6 was posted in Q3 2008, while
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Manufacturing and mining growth push industrial turnover up by 11.7 pct YoY in July
EconomyMacroeconomy, industry confidence went further into negative territory to -2.9 points from -1.6 points in the previous... in the previous month.
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Data underlines Greece still has big wage gap to bridge
EconomyMacroeconomyauthorities have realised that the rises in the minimum wage that started in 2019 under the previous... 209 firm-level agreements, where only 59 provided wage increases. In the previous year, there were
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