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  1. Industrial turnover rises by 40.6 pct in Oct
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    to 9.3. Since the start of the year industry confidence has increased by 19.6 points. Overall, Greece

    2%

  2. Credit growth edges up to 1.1 pct in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    Credit movement in the Greek private sector increased by 1.1 percent year-on-year (YoY) in November, from a rise of 0.9 percent in October and 0.8 percent in September, Bank of Greece (BoG) figures released on Wednesday showed. The growth in credit expansion has remained broadly stable after

    2%

  3. Retail sales rise by 13.1 pct in Oct, led by fuels and non-food sectors
    Photo by MacroPolis

    EconomyMacroeconomy

    at -22.2 points, and it has now improved by 3.9 points since the start of the year. Retail trade

    2%

  4. PMI up to 59 pts in Dec as manufacturing nears year of growth despite supply chain challenges
    Photo via https://flic.kr/p/wkYEUW

    EconomyMacroeconomy

    Greece’s manufacturing PMI edged up slightly in December to 59 points, from 58.8 in November, according to Markit data released on Monday. The data shows another marked improvement in the Greek manufacturing sector, with strong output and growth in employment. The sector’s expansion has reached 10

    2%

  5. Fitch improves outlook to positive, sees investment grade hinging on fiscal performance and banks
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    Economy

    Fitch got the schedule of rating reviews in the new year underway with an upgrade of Greece’s outlook to positive from stable, while it reaffirmed the rating at ‘BB’. Fitch was the first agency to upgrade Greece’s rating to ‘BB’ back in January 2020, just weeks before the pandemic broke and has

    2%

  6. Unemployment rate eases to 13.3 pct in Nov as number of employed rises sharply
    Photo by MacroPolis

    EconomyMacroeconomy

    . Greece has not seen an unemployment rate of 13.3 percent since September 2010, just months since

    2%

  7. Worsening goods balance pushes current account deficit to 2.52 bln in Nov, highest since 2011
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    by an improvement in the balance of services. This is the deepest current deficit that Greece has seen since

    2%

  8. Building activity continues rising with 18.4 pct increase for permits in Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    that the construction confidence indicator has been dropping for four months on the bounce, coming off

    2%

  9. Podcast - Riding into the danger zone: Greece gets new jets

    Agora

    Greece recently received the first six state-of-the art fighter jets it has ordered from France, hoping that their arrival marks the start of an upgrade of its military capabilities, but also an improvement in its geopolitical standing. The Rafale planes - of which Greece is expecting another 18

    2%

  10. CPI reaches 6.2 pct in Jan as inflation hits highest since late 1990s
    Photo by MacroPolis

    EconomyMacroeconomy

    and prices have been accelerating since. One has to look back to the late 1990s and the pre-euro era

    2%