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  1. Industrial production drops 0.2 pct in March on back of 28.1 pct electricity supply decline

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) lost momentum in March as it decreased by 0.2 percent... in water supply and 2.3 percent in mining and quarrying. According to the European Commission’s latest... by 4.3 points. In addition, Greece’s Manufacturing PMI continued its expansion trend in April, falling

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  2. Consumer confidence takes off in May as rest of sectors deliver mixed data
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) recorded a minor drop of 0.6 points in May, falling to 108.1... points of the previous month. The euro area’s ESI was 96.5 points, also down from the 99 points of April. May’s consumer confidence in Greece had a remarkable recovery by almost 10 points to -34.5 points

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  3. ND raises tax concerns in bid to prevent voters moving to PASOK
    Photo by MacroPolis

    PoliticsGreek Politics

    with the OECD, we’re with common sense,” Skertsos tweeted to his PASOK counterpart. Mitsotakis’s party... hikes during the country’s economic crisis. Exam disruption The new election campaign did not begin... transformation undertaken by the Mitsotakis government, which was one of New Democracy’s strongest

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  4. Unemployment stays at 11.2 pct in Apr, youth jobless down by 5 points at 27.4 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate was essentially unchanged in April, landing at 11.2 percent, from an upwards revised 11.1 percent in March, Hellenic Statistical Authority (ELSTAT.... The latest available data from the Labour Ministry’s Ergani database showed that Greece’s employment

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  5. Industrial turnover falls by 7.4 pct YoY in April for first drop since early 2021
    Photo via https://flic.kr/p/2iUFUMF

    EconomyMacroeconomy

    Greece’s industrial turnover turned negative in April for the first time since early 2021... market was down by 7.5 percent while the foreign markets were down by 19.7 percent. Greece’s.... Meanwhile, from the European Commission’s business indicators for May, industry confidence stayed

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  6. Economic sentiment approaches pre-Ukraine war high, consumer confidence highest since 2021
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) recorded a solid rise of almost 2 points in June, after a minor 0.6-point drop in May, according to European Commission figures released on Thursday. Sentiment has... area’s ESI was 95.3 points, also down from the 96.4 points of May. June’s consumer confidence

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  7. Unemployment rate drops to 10.8 pct in May, youth figures improve to 24 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate dropped in May, landing at 10.8 percent, from an upwards revised 11.3 percent in April, Hellenic Statistical Authority (ELSTAT) data showed... the Labour Ministry’s Ergani database showed that Greece’s employment balance in April was positive

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  8. Retail sales rise by 1.5 pct in Apr, food volumes down by 4.2 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales turned positive in April after the first negative reading since 2021... index increased by 1.9 percent, after a drop of 3.9 percent in the previous month. The volume’s... a strong drop in May, up by 19 points from July last year. Overall, Greece’s economic sentiment

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  9. BoG sees 2.3 pct growth this year, urges reforms to restore per capita GDP to pre-crisis levels
    Photo by MacroPolis

    EconomyMacroeconomy

    demand growth is seen normalizing. The ECB’s monetary policy stance is seen having a contractionary... is seen by the central bank at 4.3 pct, more than halving from last year’s 9.3 pct, mostly on the back... that will enhance the economy’s resilience and reduced cost of borrowing for the public and private sectors

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  10. Industrial production growth slows to 1.4 pct annually in May, only manufacturing expands
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) slowed in May, rising by 1.4 percent year-on-year (YoY... by a 2.3 percent rise in manufacturing. According to the European Commission’s latest business surveys... that the conditions in the Greek manufacturing sector have improved, with June’s growth stronger than the series

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