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Newsletter 179 -19/10/2018
terms, in 2015 GDP dropped by 0.4 percent, followed by a drop of 0.2 percent in 2016. In the March estimates, the drop in volume was 0.3 percent in 2015, and unchanged at a drop of 0.2 percent for 2016... percent and the drop in 2016 at 1.2 percent. The government also submitted its 2019 budget
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OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
EconomyMacroeconomystrong growth to the extent that there are workforce shortages in sectors that recovered strongly... in 2023, from a strong 7.5 pct in 2022. The harmonised index of consumer prices in 2023 will more than..., from 4.6 pct last year. The unemployment rate in 2023 will drop by roughly 1 percentage point to 11.8
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Newsletter 435 - 04/10/2024
the area on Monday, wreaking havoc. However, ND continues to maintain a strong lead over a relatively... are that Kasselakis still has strong backing. Of those questioned, 43.5 pct backed Kasselakis, 25.8... since.MacroeconomyCharts of the weekRetail Retails sales recorded a marginal drop of 0.2 pct year
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Newsletter 439 - 01/11/2024
of Nikos Androulakis, and 78 pct of whom said they believed PASOK could fulfil the role of a strong... party, with just 44 pct saying they believed PASOK could be a strong opposition, and 46 pct... staff.MacroeconomyCharts of the weekSentiment Greece’s economic sentiment recorded a drop of over 3 points month-on-month
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Strong VAT, income tax revenue and restrained spending drive strong primary surplus in Sep
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 9.45 billion euros up to September, compared to a surplus of 8.76 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on M...
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Surprise 0.1 pct QoQ rise in Q4 GDP on investment rebound, 2015 recession at 0.3 pct
EconomyMacroeconomyQoQ decline posted in Q3. In addition, Q4 GDP fell 1.2 percent YoY, less than half the drop of 2.6... with a higher drop in imports compared to that of exports, which almost halved the trade deficit... consumption eased 0.1 percent QoQ in Q4, decelerating from the 1.1 percent QoQ drop in Q3, and 0.9 percent
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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomyon quarter (QoQ) in the second quarter (Q2) of 2016 after a revised drop by 0.1 percent in Q1, Hellenic... in Q2 after a revised flat growth in Q1, while it increased by 0.8 percent YoY, after a drop of 0.8... the 1.9 percent QoQ drop recorded in Q1. Three of the four business indicators displayed a deteriorating
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Newsletter 247 -10/04/2020
that in March, Greece’s manufacturing switched from a trend towards pre-crisis recovery to a sharp drop... significant short-term effects on the real estate market.” This trend will reverse a strong year in 2019...’s trade deficit increased by 7.8 percent year-on-year (YoY) in February compared to a drop of 9.8
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Newsletter 276 -04/12/2020
significant drop in the number of coronavirus-related deaths and as ICU units remained in high demand... translated into a 2-point drop in support for New Democracy since June, according to ProRata. Support... to 6.6 percent in 2022. This is a notable drop from the previous outlook’s projection of a drop in GDP
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Rise in Greek car sales slows to 7.5 pct in November
EconomyMacroeconomyis registers more than half of total motor vehicle circulation licenses, posted a modest drop of 0.8... average. This year’s strong rebound follows a modest rise of 1.3 percent recorded last year. However, vehicle registrations posted a sharp drop in excess of 30 percent in each of the prior three years
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