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Industrial production returns to growth in Nov with 4.9 pct YoY rise, led by electricity
EconomyMacroeconomymineral products. These were partially offset by a drop of 6.7 percent in mining. The monthly movement... in mining, partly offset by a 0.7 percent drop in manufacturing. According to the European... Manufacturing PMI recorded a strong rebound in December, rising to 53.2 points, from 51.2 points in November
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Building activity resumes growth in Oct, permits up 15.8 pct in 10M
EconomyMacroeconomy), after a marginal drop of 0.9 percent in September, according to the data released by the Hellenic... rise recorded in Eastern Macedonia and Thrace with 40.5 percent. The largest drop was in Western... confidence had a strong rebound to 13.1 points, from -7.2 points previously. The index is currently
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Newsletter 454 - 07/03/2025
years, allowing it to weather any market turbulence. Fiscally, the budget has started 2025 on a strong... of the weekUnemployment January saw a sharp drop in the unemployment rate to 8.7 pct, a drop of 3 percentage
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Newsletter 466 - 13/06/2025
total investment spending. The rise in investment spending that will recover the drop seen due... by 2 pct YoY, while it had a modest drop of 0.3 pct in constant prices. The overall investment... prices, while machinery and equipment that includes military spending were up by a strong 6.3
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Retail sales resume growth of 3 pct YoY in June, volumes record more modest rise
EconomyMacroeconomy. The corresponding volume index also had a rise of 1.8 percent YoY, from a 5.8 percent drop in May... was up by 2.2 percent. As we noted, last month’s data had a strong seasonal component since orthodox... and beverages were up by 5.5 percent. Clothing and footwear also recorded a drop of 2.8 percent
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Industrial turnover jumps by 13.4 pct YoY in Sep for first rise since Jan
EconomyMacroeconomyGreece’s industrial turnover recorded a strong rebound in September, with a jump of 13.4 percent year-on-year (YoY), from a 1.5 percent drop in August, according to data released by the Hellenic... percent, from a 1.8 percent drop in the previous period. Manufacturing revenue rose sharply by 13.2
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Strong tourism season confirmed by Q2 accommodation turnover
EconomyMacroeconomyThe Turnover Index in Accommodation and Food Services rose by 6.7 percent in the second quarter (Q2) after a 44.9 percent increase recorded in Q1, according to Hellenic Statistical Authority (ELSTAT). Q2 figure is the third highest reading since 2006 (w...
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Strong rebound of 7.7 pct in week for Greek stocks with jump in trading activity
EconomyGreek shares rebounded 7.7 percent this week for the first time in the last four weeks amid a jump in trading activity triggered by the introduction of new NBG shares last Monday and indices rebalancing. The Eurogroup Working Group (EWG) tentatively app...
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IMF sees contraction of 0.6 pct this year before strong rebound in 2017
EconomyThe International Monetary Fund has provided its latest macro forecasts for Greece in the World Economic Outlook (WEO) published on Tuesday. The fund expects Greece to return to growth in 2017 after contracting further this year. In particular, GDP is s...
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Despite strong rebound on Friday, Greek stocks dive 5.2 pct during week
EconomyDespite a rebound of 5.4 percent on Friday, the Greek stock market fell 5.2 percent this week amid the negative sentiment that prevailed in the global markets until Thursday largely fuelled by Brexit concerns. The European Stability Mechanism (ESM) boar...
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