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  1. Building activity jumps by 34.2 pct in Mar, Q1 permits up 13.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits recorded a solid rebound in March, rising by 34.2 percent year-on-year (YoY), following a contraction of 15.2 percent in February, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Wednesday. Last month was the first negative reading since July 2022

    9%

  2. Economic sentiment approaches pre-Ukraine war high, consumer confidence highest since 2021
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) recorded a solid rise of almost 2 points in June, after a minor 0.6-point drop in May, according to European Commission figures released on Thursday. Sentiment has been improving in six of the last eight months and is now at the highest since early 2022 and not far

    9%

  3. Retail sales rise by 1.5 pct in Apr, food volumes down by 4.2 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    (ESI) recorded a solid rise of almost 2 points in June, after a minor 0.6-point drop in May.

    9%

  4. Trade deficit widens in May as exports contract by 15.4 pct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 11 percent year-on-year (YoY) in May, after a solid drop of 22.9 percent in April, according to data released by ELSTAT on Friday. The deficit came to 2.94 billion euros for May. Imports totalled 7 billion euros, dropping by 13.6 percent YoY. Exports

    9%

  5. Newsletter 389 - 14/07/2023

    Newsletters

    in the previous month. Car sales in June were up by 10.8 pct, with solid rises in passenger cars

    9%

  6. Reflecting base effects, foreign market and manufacturing drive industrial turnover down sharply in May
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    confidence is up by almost 6 points. Overall, Greece’s economic sentiment (ESI) recorded a solid rise

    9%

  7. Disposable income rises by 11.3 pct in Q1, saving rate negative for successive quarters

    EconomyMacroeconomy

    Household disposable income increased by a solid 11.3 percent year-on-year (YoY) in Q1 this year, from 10.9 percent in Q4 of 2022, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. The absolute figure was 35.09 billion euros in Q1, from 31.53 billion euros a year ago

    9%

  8. Retails sales contract 1 pct in June, volumes fall as food dips by 6.2 pct YoY

    EconomyMacroeconomy

    Greece’s retail sales turned negative in June, posting a drop of 1 percent year-on-year (YoY), after a solid rise of 7.8 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The corresponding volume index recorded a sharp drop of 7.6 percent. June is the second negative

    9%

  9. Industrial production contracts again in July, as electricity supply drives 1.9 pct drop
    Photo via https://flic.kr/p/bwZLC3

    EconomyMacroeconomy

    , Manufacturing PMI remained in expansion territory in August, marginally falling to 52.9 points, after a solid

    9%

  10. Wages growth slows to 4.3 pct YoY in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index maintained a solid growth trend in Q2, rising by 4.3 percent year-on-year, although it slowed from an upwards revised 6.3 percent in the first quarter of 2023, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The wages index captures

    9%