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  1. Credit expansion reaches just 66 mln of inflows in May

    EconomyMacroeconomy

    The credit expansion in the Greek private sector was little changed in May, rising by 4.8 percent year-on-year (YoY), from 4.5 percent in the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was positive by just 66 million euros after a negative

    3%
  2. Producer prices down by 1.4 pct YoY in May, headed by energy
    Image: https://flic.kr/p/nvyL2P

    EconomyMacroeconomy

    (MoM), the index dropped by 2.9 percent, after falling by 1.7 percent in the previous month. Over

    3%
  3. Manufacturing continues to improve, but June PMI weakest of year
    Photo via https://flic.kr/p/2b7ecKE

    EconomyMacroeconomy

    manufacturers to raise selling prices, though at a slower rate than previous months as firms

    3%
  4. Unemployment rate almost unchanged at 10.6 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate stayed virtually unchanged in May, landing at 10.6 percent, from 10.7 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Monday. In May last year, the unemployment rate was 11.2 percent. Despite stabilising

    3%
  5. Hotel and catering jobs propel May hiring balance to new record

    EconomyMacroeconomy

    is the highest since the records began in 2001, beating the previous high of May 2017. Total hirings

    3%
  6. Newsletter 431 - 12/07/2024

    Newsletters

    in the previous month. The average CPI over the 12-month rolling period was 2.8 pct, while month

    3%
  7. Strong tax performance and underspend push 6M primary surplus to 1.7 bln above target
    Image: MacroPolis

    EconomyMacroeconomy

    to the better performance of the previous year’s income taxes paid by natural and legal persons

    3%
  8. Loans to businesses propel credit expansion of 6.1 pct YoY in June
    Photo via https://flic.kr/p/95a2dS

    EconomyMacroeconomy

    The credit expansion in the Greek private sector picked up pace in June, rising by 6.1 percent year-on-year (YoY), from 4.8 percent in the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was positive by 3.31 billion euros after a movement of just 66

    3%
  9. Led by energy, producer prices drop by 0.7 pct YoY in June
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    (MoM), the index rose by 1,5 percent, after falling by 2.9 percent in the previous month. Over

    3%
  10. Despite moderation in June, H1 hiring balance up by 34,290 jobs YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s employment balance moderated in June, with 23,961 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in June last year saw 28,761 more hires, a year-on-year drop of 4,800 jobs as seasonal hires took place in previous

    3%