Search
-
CPI rise eases to 1.6 pct in Sep, but food up by 9.4 pct
EconomyMacroeconomyThe upward trend in Greece’s Consumer Price Index (CPI) reversed in September with a 1.6-pct rise year-on-year (YoY), after an increase of 2.7 pct in August, according to the data released on Tuesday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period
1% -
Internal resistance keeps Kasselakis on his toes, while ND focusses on local vote
PoliticsGreek Politicsleader if the current trend continues. He has already spoken of bringing in new faces for next year... is likely to be postponed until early next year. This would provide the newcomer with more time
1% -
Newsletter 398 - 20/10/2023
to positive in April this year, arguing that it reflects the country’s “recent strong track record... and 10-year bonds that were issued earlier in the year. However, both new issuances were pricier than
1% -
Led by lending to corporations, pace of credit growth rises to 2.1 pct in Sep
EconomyMacroeconomyThe credit expansion in the Greek private sector picked up pace in September, rising by 2.1 percent year-on-year (YoY), from 0.9 percent in August, Bank of Greece (BoG) figures released on Wednesday showed. At 6.3 percent, last December’s growth was the highest since the summer of 2009, however
1% -
Deposits reach highest since May 2011 with 2.23 bln rise in Sep
EconomyMacroeconomypercent year on year (YoY), the same as in the preceding two months. The outstanding balance of private
1% -
VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyMinistry (MoF) budget execution data released on Wednesday. In the nine months of the year, the budget.... Interest payments came to 6.4 billion euros, above target by 1.26 billion euros. Last year, interest
1% -
PMI in expansion territory in Oct, but jobs cut and inflation a challenge again
EconomyMacroeconomyalso notes a rise in business confidence and an improvement in the expectations of the year ahead... relative to those seen earlier in the year”, said S&P analysts. "Inflationary pressures picked up again
1% -
Despite slowdown, property prices jump by 11.9 pct YoY in Q3
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece stayed strong in Q3 2023, increasing by 11.9 percent year-on-year (YoY) from an upwards revised 14.5 percent in Q2 2023, Bank of Greece (BoG) data released on Thursday showed. This is a slight slowdown from the peak of Q1 2023, when prices
1% -
Deposits drop by a sharp 2.14 bln in Oct, driven by corporations
EconomyMacroeconomypercent year on year (YoY), from 3.4 percent in the preceding two months. The outstanding balance
1% -
Credit growth at 2.1 pct in Oct, but flow negative by 856 mln
EconomyMacroeconomyThe credit expansion in the Greek private sector was stable in October, rising by 2.1 percent year-on-year (YoY), unchanged from September, Bank of Greece (BoG) figures released on Tuesday showed. At 6.3 percent, last December’s growth was the highest since the summer of 2009, however, the trend
1%