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  1. Despite strong annual growth, flow of loans to enterprises in Aug at lowest since Jan
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    EconomyMacroeconomy

    Credit movement in the Greek private sector gathered more pace in August, rising by 5.8 percent year-on-year (YoY), from 5.5 percent year-on-year in July and 4.5 percent rise in June, Bank of Greece (BoG) figures released on Tuesday showed. The growth i...

    6%

  2. Credit growth slows to 5.3 pct in Oct amid first outflow since Jan
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    EconomyMacroeconomy

    Credit movement in the Greek private sector slightly slowed in October, rising by 5.3 percent year-on-year (YoY), from 6 percent in September, and 5.8 percent in August, Bank of Greece (BoG) figures released on Monday showed. The growth in credit expans...

    6%

  3. Greece, Current Account Deficit, Jan-Oct, 2003 - 2022
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    Charts

    6%

  4. Sentiment edges up by 1.4 pts in Jan, consumer confidence unchanged
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    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) showed more signs of recovery in January, rising by 1.4 points to 104.9, after a downward revised 2.1 points to 103.5 in December, according to European Commission figures released on Monday. By the start of 2022, econo...

    6%

  5. CPI stable at 7 pct in Jan as food inflation persists
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    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) remained broadly unchanged at the start of 2023, rising by 7 percent year-on-year in January, after increasing by 7.2 percent in December, according to the data released on Wednesday by the Hellenic Statistical Author...

    6%

  6. Producer prices slow further to 13.5 pct YoY in Jan, but rise MoM

    EconomyMacroeconomy

    The pace of Greece’s Producer Price Index (PPI) continued to slow in January, when it rose by 13.5 percent year-on-year (YoY), following a 16.5 percent increase in December, ELSTAT data showed on Tuesday. The index was in negative territory for most of ...

    6%

  7. Deposits drop by 4.5 bln in Jan, reversing previous month's marked increase

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system dropped by 4.5 billion euros in January, reversing December’s impressive rise, when it jumped by 5 billion euros, based on the latest Bank of Greece (BoG) figures released on Tuesday. D...

    6%

  8. Credit expansion for private sector grows 5.7 pct YoY in Jan, but flow turns negative
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    EconomyMacroeconomy

    Credit movement in the Greek private sector slightly decelerated in January but still recorded a solid rise of 5.7 percent year-on-year (YoY), from 6.3 percent in December, Bank of Greece (BoG) figures released on Tuesday showed. After a recent peak of ...

    6%

  9. Unemployment drops to 10.8 pct in Jan, lowest since debt crisis began
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    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate experienced a notable drop in January, falling to 10.8 percent, from an upwards revised 12.4 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. In January last year, ...

    6%

  10. Jan delivers most negative hiring balance since 2017
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance turned negative in January, with 27,611 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in January last year was -25,804, suggesting a deterioration of 1,...

    6%