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Newsletter 387 - 30/06/2023
Solution returned with 12 seats. The three new fringe parties to enter Parliament were far-right Spartiates (12 seats), ultra-conservative Niki (10) and populist Plefsi Eleftherias (8 seats... monthly drops led by decreases of 5 pct in manufacturing, 1.6 pct in water supply and 7 percent
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Sentiment unchanged in April thanks to services gains, consumer confidence also rises
EconomyMacroeconomypoints, from -44.7 points in the previous month. Consumer confidence is roughly 7 points lower..., industry confidence is now up by 2.2 points. The services index had a solid rise of 7 points to 46.5. Services confidence is now roughly 12 points up on the rolling 12-month. Retail trade dropped
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New Democracy sees glimmer of hope in polls following support measures
PoliticsGreek Politicswhich propelled it to second place earlier in the year, falling from 12 pct to 11.5 pct. Social Democrats PASOK have also slid from 12 pct to 11 pct, while ultranationalists Greek Solution have held on to 8 pct, followed by Communist Party KKE at 7 pct and SYRIZA at 6 pct. Among the smaller parties
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Newsletter 460 - 02/05/2025
in the year, falling from 12 pct to 11.5 pct. Social Democrats PASOK have also slid from 12 pct to 11 pct, while ultranationalists Greek Solution have held on to 8 pct, followed by Communist Party KKE at 7... with 8 pct, followed by KKE at 7 pct, while SYRIZA has lost 1.6 points since March to fall to 4 pct
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Labour Force Survey, Quarterly, Unemployed, 12 months and over
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Greece’s price index falls to second lowest point in 12 years
SocietyCommunications are hugely more expensive while prices for transport services are considerably cheaper than the EU average, according to data on price levels on consumer goods and services released by Eurostat last week. Based on price surveys covering m...
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Manufacturing PMI up to 54.2 in May, completing 12 months of rises
EconomyMacroeconomyThe Greek manufacturing sector’s recovery completed a full year of expansion in May, with Markit’s PMI settling at 54.2, up from the 52.9 in April. Markit notes that the improvement of business conditions in the sector is reflected on the twelfth consec...
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In negative territory for 12 straight months, industrial production drops by 2.4 pct in Sept
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) decreased by 2.4 percent year-on-year (YoY) in September following a revised decrease of 4 percent in August, Hellenic Statistical Authority (ELSTAT) data revealed on Monday. On a YoY basis, the index has remai...
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Inflation boosts food sales by 12 pct in May, supermarkets up by 14.3 pct
EconomyMacroeconomyGreece’s retail sales stayed positive in May, after the first negative reading in March since 2021, with a rise of 7.2 percent, year-on-year (YoY), from 1.7 percent rise in April, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corres...
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Sale of Alpha, NBG stakes move state's bank divestment forward as realised losses near 12 bln
EconomyBankingThe Greek government is moving ahead swiftly with the execution of its plan to divest from the Greek systemic banks. Since Eurobank bought back a small 1.4 pct stake held by the state, the sale of the stake in Alpha Bank has been completed and the proce...
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