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  1. PMI posts moderate drop in Nov, difficulties in supply chain persist
    Photo via https://flic.kr/p/N3FV1

    EconomyMacroeconomy

    slowest in a year, though stronger than the long-run series average. In November, Greek manufacturers... confidence improved in November, with the degree of optimism for the output over the coming year

    1%

  2. Property price growth slows to 7.8 pct YoY in Q3, index near prior all-time high
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in the nominal value of apartments in Greece slowed in the third quarter of 2024, increasing by 7.8 percent year-on-year (YoY) from an upwards revised 9.4 percent in Q2 2024, Bank of Greece (BoG) data released on Tuesday showed. There has been a gradual slowdown from the growth peak

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  3. CPI stable at 2.4 pct in Nov, food inflation lowest since 2021
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in Greece’s Consumer Price Index (CPI) was stable in November with a rise of 2.4 percent year-on-year (YoY), the same as in the previous month, according to the data released on Tuesday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period

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  4. PASOK tries to take initiative in budget debate as SYRIZA exodus continues
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that this is the second wave of departures from SYRIZA, the opposition party has now lost 20 MPs since last year’s... pct and New Left, formed by the first group of MPs to leave SYRIZA last year, just 1 pct

    1%

  5. Wage index drops by 1.7 pct YoY in Q3 for first decline in two years

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index went in contraction in Q3, dropping by 1.7 percent year-on-year (YoY), from 7.3 percent growth in the second quarter of 2024, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The wages index captures employees’ gross earnings, including

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  6. Budget rolls on with solid primary surplus of 12 bln in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    the eleven months of the year, the primary balance came in 2.1 billion euros above the target... by 18 million. Last year, interest payments were 6.88 billion euros in the same period. PIB PIB

    1%

  7. Mitsotakis lets budget measures sink in as he mulls presidential pick
    Photo via https://primeminister.gr

    PoliticsGreek Politics

    ERT TV that he would not be announcing his candidate for President until early in the new year... to the subject of the economy, the prime minister said his aim with next year’s budget

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  8. BoG sees sustained growth and progress, but challenges require policy drive
    Photo by MacroPolis

    EconomyMacroeconomy

    experienced a 2.3 pct GDP growth year-on-year in the first nine months of 2024, primarily fuelled

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  9. Despite marginal drop in Sep, building permits up by 17.1 pct over 9M
    Photo by MacroPolis

    EconomyMacroeconomy

    Building activity experienced a marginal decline in September, with a decrease of 0.9 percent year-on-year (YoY), after a rise of 10.5 percent in August, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. The total number of permits issued in September reached

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  10. Final Nov budget data reaffirms solid finances as underspend boosts primary surplus
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 12 billion euros in November, compared to a surplus of 5.83 billion euros in the same period a year earlier, according to the final Finance... payments came to 7.45 billion euros. Last year, interest payments were 7.68 billion euros. PIB PIB

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