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Retail sales drop for thirteenth straight month by 5.2 pct in June
EconomyMacroeconomyThe turnover of Greece’s retail trade index continued heading south unabated, albeit at a slower pace of 5.2 percent in June from a revised drop of 7.9 percent in May, Hellenic Statistical Agency... it remains in negative territory in the course of first half. The biggest drop rates in June were
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Trade deficit falls by 22.9 pct in June as imports drop sharply
EconomyMacroeconomybillion euros, showing a drop of 14.5 percent YoY. At the same time, exports totalled 2.76 billion euros, recording a drop of 9 percent compared to the same month last year. A breakdown of the figures
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Trade deficit falls by 23.8 pct in January as EU imports drop 7 pct
EconomyMacroeconomyGreece’s trade deficit fell by 23.8 percent year-on-year (YoY) in January compared to a drop of 10.8 percent in December, data from the Hellenic Statistical Authority (ELSTAT) released on Wednesday..., showing a drop of 16.7 percent YoY. At the same time, exports totalled 2.51 billion euros, recording
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Credit expands by 1.3 pct in Dec as loan balances drop by more than 31 bln in 2021
EconomyMacroeconomythe total drop in the balance during 2021 by 31.48 billion euros as banks shift loans off... with the outstanding balance to 4.85 billion euros. For the whole year, the largest drop in loan balance came
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Industrial turnover falls by 7.4 pct YoY in April for first drop since early 2021
EconomyMacroeconomyby a 14.7 percent drop in manufacturing. Mining and quarrying turnover increased by 14.5 percent... sentiment (ESI) recorded a minor drop of 0.6 points in May, falling to 108.1 points, after rising
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Unemployment falls to 9.2 pct in Dec amid big YoY drop in number of out-of-job workers
EconomyMacroeconomycompared with the same month of 2022, amounting to 430,088, a drop of 25.4 percent. Unemployment has... the rate for men stood at 7.1 percent, a drop of 1.8 pps year-on-year. Youth unemployment dropped by 8
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Newsletter 382 - 26/05/2023
victory for New Democracy has shaken up Greece’s political landscape and the main opposition party... a bonus of up to 50 seats, is complacency. SYRIZA, meanwhile, faces a period of introspection followed... the 3 pct mark in the second election, it will push up the threshold needed for New Democracy to gain
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Growth in producer prices slows to 29.4 pct in Sep amid another monthly drop
EconomyMacroeconomydata said on Thursday. The index was in negative territory for most of 2020, and up until March..., led by refined petroleum products at 62.5 percent, then electricity and gas up 41.7 percent and paper products that increased by 16.9 percent. Goods sold to the foreign market were up by 36.4 percent
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Greece and the euro: The flight of Icarus
Agoradollars) a month, where civil servants make up less than 20 percent of the workforce and where public... architecture. For Greece, giving up control over its monetary policy meant it could no longer rely... economic model in which the state was omnipresent. The two-party system that had dominated Greek
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CPI at 3.1 pct in Apr as food inflation refuses to drop
EconomyMacroeconomypercent, from a rise of 1.5 percent in March. In April 2023, the CPI was up by 3 percent YoY. The price.... Month-on-month, the HICP was up by 0.9 percent. In April, the annual CPI movement was led by a 5.4... percent and health increased by 3.6 percent. Education was up by 3.5 percent. Housing costs dropped
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