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  1. Newsletter 160 -04/05/2018

    Newsletters

    the country to grow by 1.9 percent this year, down from 2.5 percent previously. The estimate for next year... this year and 0.9 percent in 2019. The estimate for 2018 is less than half the previous 1.2 percent growth... estimate of 2.3 percent for this year and 2.6 percent for next year, although this may be revised

    22%

  2. Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    released a first estimate of the overall GDP figure for 2018, showing that it grew by 1.9 percent...’s (MoF) final budget estimate of 2.1 percent for 2018. A breakdown of annual components showed... by 7.5 percent, meaning that the initial figures for 2018 have beaten this estimate. Imports of goods

    22%

  3. Retail index fell by 2.2 pct in Feb but trend improving

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell by 2.2 percent year on year (YoY) in February, while volume slightly rose by 0.6 percent, according to the Hellenic Statistical Agency (ELSTAT). Both headline figures showed an improving trend for the second straight month. On a monthly basis

    22%

  4. Greek CPI drops at slower rate of 2.2 pct in Feb for 24th straight month of deflation

    EconomyMacroeconomy

    The drop in the Greek consumer price index (CPI) decelerated to 2.2 percent in February from 2.8 percent in January, according to the Hellenic Statistical Authority (ELSTAT). Greece has been in deflation since March 2013. Over that last two years, the highest decrease in CPI was posted in November

    22%

  5. Credit contraction further accelerates to 2.2 pct in November

    EconomyMacroeconomy

    Greek bank credit contraction further accelerated to 2.2 percent in November from an upward revised 2 percent in October, Bank of Greece (BoG) figures displayed on Wednesday. The net lending flow stayed negative for the fifth successive month with deductions increasing to 458 million in November

    22%

  6. Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding remained on a downward trend for the 21st successive month in March, falling by 2.2 billion following a slower drop of 1.13 billion in the previous month, Bank of Greece's (BoG) monthly financial statement showed on Tuesday. The outstanding balance of central bank

    22%

  7. Retail turnover falls by 2.2 pct in October, volume declines by 4 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales index fell by 2.2 percent in October after a slight downward revision to 4.5 percent for September, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The headline figure interrupts seven consecutive positive readings and is the second negative reading for the year

    22%

  8. Credit growth in May slows to 2.2 pct; monthly flow -17 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    Credit movement in the Greek private sector rose an annual 2.2 percent in May, compared with 2.4 percent in April, Bank of Greece (BoG) figures showed on Friday. The net lending flow was negative, with a 17 million-euro net decrease in lending compared with a decrease of 787 million euros in April

    22%

  9. BoG sees 2.2 pct growth in 2023 but warns new govt must stick to reforms
    Photo by MacroPolis

    Economy

    . The BoG sees the economy growing faster than it was previously thought, up to 2.2 pct, from 1.5 pct

    22%

  10. Producer prices drop 0.8 pct YoY in Dec, down 2.2 pct in 2024
    Image via www.helpe.gr

    EconomyMacroeconomy

    percent in the previous month. Over the rolling 12-month period, the index decreased by 2.2 percent

    22%