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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
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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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Draft budget maps out narrow fiscal path for coming years
EconomyMacroeconomyof 2015 and which extracted the full compliance with agreed targets of the previous SYRIZA... fanfare compared to previous years when vouchers and handouts were announced before festive periods
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Industrial turnover contracts in Aug, falls sharply by 23.6 pct MoM
EconomyMacroeconomyterritory to 8.2 points from -2.7 points in the previous month. Since October last year, industry confidence..., reaching 110.2 points, from 106.1 in the previous month.
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Drop of 24.1 pct YoY in energy prompts biggest import price decline in a year
EconomyMacroeconomyGreece’s import price index remained in contraction in September, accelerating to 10.6 percent year-on-year (YoY), after a 4.3 percent drop in the previous month, according to data released... in the previous month. The index’s 12-month rolling movement was negative by 4.1 percent. In September
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EC keeps growth estimates broadly unchanged, fiscal outlook improves markedly
EconomyMacroeconomyThe European Commission published on Friday the latest autumn forecasts that included minor adjustments for the Greek growth outlook from the previous estimate in May. The Commission for 2024 sees.... This is a significant improvement from the previous estimates that saw the balance at -1.2 percent
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