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  1. Data underlines Greece still has big wage gap to bridge
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    authorities 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

    3%
  2. Draft budget maps out narrow fiscal path for coming years
    Image: MacroPolis

    EconomyMacroeconomy

    of 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

    3%
  3. Industrial turnover contracts in Aug, falls sharply by 23.6 pct MoM
    Photo by MacroPolis

    EconomyMacroeconomy

    territory 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.

    3%
  4. Drop of 24.1 pct YoY in energy prompts biggest import price decline in a year

    EconomyMacroeconomy

    Greece’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

    3%
  5. EC keeps growth estimates broadly unchanged, fiscal outlook improves markedly
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    The 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

    3%
  6. Drop in industrial turnover accelerates to 7.9 pct YoY in Sep as manufacturing falls sharply
    Image via www.viohalco.com

    EconomyMacroeconomy

    stayed in positive territory, although it dropped sharply to 1.9 points from 8.1 points in the previous... economic sentiment (ESI) deteriorated in October, falling to 107 points, from 110.2 in the previous

    3%
  7. CPI stable at 2.4 pct in Nov, food inflation lowest since 2021
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in Greece’s Consumer Price Index (CPI) was stable in November with a rise of 2.4 percent year-on-year (YoY), the same as in the previous month, according to the data released on Tuesday... in November was 2.8 percent, from 2.9 percent in the previous month. Month-on-month, the CPI decreased

    3%
  8. Wage index drops by 1.7 pct YoY in Q3 for first decline in two years

    EconomyMacroeconomy

    percent in the previous quarter. The index in Q3 2024 came to 114.2 points, from 117.7 in the previous

    3%
  9. Drop in energy prices bring import index down by 5.5 pct YoY in Oct
    Image: https://flic.kr/p/4nopDC

    EconomyMacroeconomy

    Greece’s import price index remained in contraction in October, dropping by 5.5 percent year-on-year (YoY), after a 10.6 percent drop in the previous month, according to data released by the Hellenic.... Month-on-month, the index also increased by 2.3 percent, from a drop of 2.9 percent in the previous

    3%
  10. Fuels head 1.7 pct YoY drop in retail sales for Nov as volumes drop again
    Image: https://flic.kr/p/2j6Tdii

    EconomyMacroeconomy

    to -47.3 points, from -50.3 points in the previous month. Consumer confidence is 7 points lower... to 106.1 points, from 106.9 in the previous month.

    3%