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  1. Energy a main factor in decline of April import prices by 6.3 pct YoY
    Image via www.helpe.gr

    EconomyMacroeconomy

    Greece’s import price index continued its contraction in April, with a sharp drop of 6.3 percent year-on-year (YoY), after a 2.5 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index has now been in contraction for eight

    2%

  2. PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    confidence. This has prompted S&P to upgrade Greece’s sovereign credit rating to ‘BBB

    2%

  3. Strong income tax revenues and contained spending maintain budget outperformance in May

    EconomyMacroeconomy

    euros deficit. Greece has also allocated 1.17 billion euros in the RRF, 48 million euros above

    2%

  4. Building activity collapses by 41.3 pct YoY in Mar due to uncertainty over construction code
    Image: MacroPolis

    EconomyMacroeconomy

    of 27.1 percent. The domestic construction market has gone essentially on hold since a recent

    2%

  5. Seasonal factors push up retail sales growth to 7.6 pct YoY in Apr
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Pharmaceuticals increased by 14.3 percent YoY. The data has a strong seasonal component as orthodox

    2%

  6. Energy drives drop of 4.2 pct YoY in import prices drop for June

    EconomyMacroeconomy

    Greece’s import price index continued its contraction in May, with a drop of 4.2 percent year-on-year (YoY), after a sharp 6.3 percent decline in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index has now been in contraction for nine

    2%

  7. Strong tax revenues, underspend push primary surplus 2.43 bln above target up to June
    Image: MacroPolis

    EconomyMacroeconomy

    euros. Greece has received 1.35 billion euros from the RRF.

    2%

  8. Significantly improved oil balance pushes current account to 196.5 mln surplus in May
    Image via www.moh.gr

    EconomyMacroeconomy

    billion in May 2024. The impact of fuel has diminished, with the oil balance at a deficit of just 100.6

    2%

  9. Building activity continues to slide in Apr, 4M permits down 26 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    drop of 26.5 percent. The domestic construction market has gone essentially on hold since a recent

    2%

  10. Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
    Photo by MacroPolis

    EconomyMacroeconomy

    monthly movement was down by 2 percent. As we noted last month, the data has a strong seasonal component

    2%