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Energy at forefront of 2 pct decline for industrial production in May
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) continued its drop in May with 2 percent year-on-year... mid-2023. Month-on-month (MoM), the seasonally adjusted index in May recorded a drop of 0.4 percent. The annual movement in the index reflects a drop in half of the components, with 1.4 percent
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Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
EconomyMacroeconomyGreece’s retail sales had a sharp drop of 4.4 percent year-on-year (YoY) in May, after marked.... The corresponding volume index also had a significant drop of 5.6 percent YoY, from a 7.4 percent jump... percent and food and beverages were down by 7.7 percent. Clothing and footwear also recorded a drop of 7.1
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Electricity pushes industrial production down by 2.9 pct YoY in Aug
EconomyMacroeconomypercent year-on-year (YoY) drop, after a drop of 0.5 percent in the previous month, according... adjusted index in August recorded a drop of 4.1percent. The annual movement in the index reflects a drop of 0.8 percent in manufacturing, 8.9 percent in electricity supply, and 6.8 ercent in water supply
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Growth of industrial production slows to 2.6 pct YoY in Nov
EconomyMacroeconomy(YoY) drop, though slowed from the jump of 6.4 percent in the previous month, according to Hellenic... adjusted index in November recorded a drop of 1.6 percent. For the January to November period, the index... a rise of 7 percent in manufacturing, and 2.3 percent in mining, partially offset by a 11.9 percent drop
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Building activity on the mend with 13.5 pct YoY rise in Oct
EconomyMacroeconomy, from 2,640 in October 2024. The corresponding surface area saw a drop of 5.2 percent YoY, while... percent, while Attica also recorded a minor drop of 0.8 percent. In absolute terms, the highest number... volume was also down by 7.1 percent. The largest regional drop is in central Macedonia with 11.9 percent
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Building activity moderated in Dec, dropped by 2.6 pct in 2025
EconomyMacroeconomyin December 2024. The corresponding surface area saw a drop of 2 percent YoY, while volume increased... also recorded a drop of 6.1 percent. In absolute terms, the highest number of permits was issued... percent. The largest regional drop is in central Macedonia with 11.5 percent decline and 3,766 permits
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Taking a macro snapshot
Agoraand consumption since Q2 of 2010. Q4 2012 saw the largest drop on a year on year basis in final.... Some relief was meanwhile provided to businesses in the form of a drop in cost inflation to only... in the euro led to a sharp drop in deposits that peaked between the two elections last year. Removing
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Greece's building activity continues its nosedive in July
EconomyMacroeconomyto July also points to a sharp drop of 37.8 percent in permits, 36.0 percent in surface and 31.7... exhibiting a 57.3 percent drop over the trailing twelve months. Note that building activity..., the recorded drop in Attica (Athens, Piraeus and suburbs) region, accounting for 22% of the country’s
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Greek banks less reliant on Eurosystem funding in September
EconomyMacroeconomymovement reflects a drop in ELA funding by 2.7 billion euros at 8.96 billion and a rise in ECB.... Note that September was the fifth straight month recording a drop in Central Bank funding... billion since its peak in June 2012. The ongoing sharp drop is mainly attributed to higher interbank
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Disposable income plunged 9.3 pct in Q2, dragging consumption down with it
EconomyMacroeconomy(ELSTAT). The latest data indicates an accelerating decline compared to the first quarter drop... agreements and “voluntary” wage cuts at the enterprise level resulted in a cumulative drop of 29.6 percent... quarter figure related to tax on income and wealth shows a 21.1 drop yoy. This is most likely due
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