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Newsletter 382 - 26/05/2023
Exchange had a buoyant week, with a solid rise of close to 6 pct, contributing to a six-month return... with the pandemic, and then the energy crisis. Greece will have to deliver a primary surplus of more than 2 pct
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Newsletter 385 - 16/06/2023
, even the nominal average wage in Greece is roughly 2 pct lower than it was 2010 and half a percent... May 2019 employment has increased by an impressive 19 pct, despite the 6 pct drop that was observed
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Wage rises become top issue but trajectory lined with obstacles
EconomyMacroeconomythe nominal average wage in Greece is roughly 2 pct lower than it was 2010 and half a percent lower... employment has increased by an impressive 19 pct, despite the 6 pct drop that was observed in 2020 due
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Retail sales rise by 1.5 pct in Apr, food volumes down by 4.2 pct
EconomyMacroeconomyto -34.5 in the previous month. Retail trade also improved by almost 6 points in June to 20.5, after... (ESI) recorded a solid rise of almost 2 points in June, after a minor 0.6-point drop in May.
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Reflecting base effects, foreign market and manufacturing drive industrial turnover down sharply in May
EconomyMacroeconomyconfidence is up by almost 6 points. Overall, Greece’s economic sentiment (ESI) recorded a solid rise of almost 2 points in June, after a minor 0.6-point drop in May. Sentiment has been improving
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Newsletter 392 - 08/09/2023
to 6 pct of GDP, Greece significantly outpaced peers in terms of such handouts, despite having one.... Annually, GDP grew by 2.7 pct vs. Q2 2022, accelerating from the 2 pct YoY in Q1. The quarterly
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Consumer confidence takes 10-point dive in September
EconomyMacroeconomyis up by just 2 points in the rolling 12-month period. Industry confidence turned negative after... unchanged at 36.8 points, after a sharp drop of 6 points in the previous month. Services confidence
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Economic sentiment continues slide in Oct, consumer confidence low
EconomyMacroeconomyExpectations Indicator (EEI) increased by 3.7 points to 115.1. The EEI is up by almost 6 points in the rolling 12-month period. Industry confidence went deeper into negative territory to -4.3, from -2 points
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Final budget data for Oct verifies solid tax revenues on back of indirect and income tax haul
EconomyMacroeconomyThe budget primary balance in October was confirmed at a surplus of over 6 billion euros, compared to a deficit of 350 million euros in the same month of 2022, according to the final Finance Ministry... million euros. VAT revenues amounted to 19.56 billion, 2 million higher than the target. Excise tax
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Economic sentiment slides by 0.4 pts again in Dec, consumer confidence improves
EconomyMacroeconomypoints, dropping by almost 2 points. Since January last year, industry confidence is down by almost 10... up on the rolling 12-month. Retail trade recovered almost 3 points to 22.5, up by nearly 6 points
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