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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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Fuels propel 10.1% rise in retail sales for May despite volume drop
EconomyMacroeconomy. The volume’s monthly movement was up by 3.3 percent. Compared to May 2025, automotive fuel was up.... Supermarket sales rose by 9.6 percent and food and beverages were up by 10.3 percent. Clothing and footwear moved up with a 7.4 percent rise. Pharmaceuticals increased by 7.9 percent YoY. The volume data
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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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Led by energy, producer prices drop by 0.7 pct YoY in June
EconomyMacroeconomy, and manufactured food products increased by 0.6 percent and plastics up by 1.4 percent YoY. Goods sold to the foreign market were up by 4.6 percent YoY, led by pharmaceuticals that increased by 18.1 percent, electronics up by 14.5 percent and food products increased by 13.1 percent. In the broader categories
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Greek banks' Eurosystem funding sees reduced drop of 334 mln in July
EconomyMacroeconomyFollowing a sharp drop by 13.88 billion euros in the preceding two months, Greek banks’ Eurosystem funding eased by just 334 million in July, according to the Bank of Greece's (BoG) monthly financial statement. The outstanding amount landed at 44.62 billion euros at the end of July, from 44.95
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Structural problems and dramatic drop in funding harm mental health care in Greece
SocietyGreece’s mental health and integration systems have been ranked among the worst in 30 European countries due to structural problems before the crisis and a drop in direct funding of 64 percent under austerity, a report published last month has found. The country came 28th in The Economist
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Most Greek businesses feel capital controls impact, 69 pct see turnover drop
Economystating they saw a drop in turnover, with 18 percent indicating a nosedive above 50 percent and 51
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Lack of new orders and sharp drop in production lead to weak PMI in August
EconomyMacroeconomythat the ongoing drop in backlogs provides evidence of continued spare capacity. Input prices
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