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

    EconomyMacroeconomy

    was a solid 2.2 pct, investments were subdued. The PBO’s outlook remains broadly unchanged, with a small downward revision to 2.2 pct growth for 2025, from 2.3 pct previously. On the fiscal front, the PBO

    10%

  2. Newsletter 213 -07/01/2019

    Newsletters

    percent, the Communist Party (KKE) on 5 percent and Golden Dawn on 4 percent. Ultra-nationalist.... Over the coming years, BoG sees growth of 1.9 percent this year, 2.1 percent next year and 2.2... reaffirms the strong fiscal performance over the last years, which saw the primary balance settle at 4.3

    10%

  3. Apartment prices rise by 7.5 pct in Q4 and 7.2 pct in 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    apartments, classified as over five years old, saw their prices increase by 6.6 percent in Q4 versus a downward revised increase of 8.1 percent in Q3. Across 2019, old apartments saw an average price increase of 6.9 percent compared to a rise of 1.7 percent in 2018. In 2017, old apartments saw

    9%

  4. Retail index fell by 2.2 pct in Feb but trend improving

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell by 2.2 percent year on year (YoY) in February, while volume slightly rose by 0.6 percent, according to the Hellenic Statistical Agency (ELSTAT). Both headline figures showed an improving trend for the second straight month. On a monthly basis

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  5. Industrial Production Index in negative territory for the year, at -2.2 pct in April

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) fell 2.2 percent in April following a downward revised 2.7 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT). This is the eleventh negative reading over the past 16 months. Electricity production was the only

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  6. Greek CPI drops at slower rate of 2.2 pct in Feb for 24th straight month of deflation

    EconomyMacroeconomy

    The drop in the Greek consumer price index (CPI) decelerated to 2.2 percent in February from 2.8 percent in January, according to the Hellenic Statistical Authority (ELSTAT). Greece has been in deflation since March 2013. Over that last two years, the highest decrease in CPI was posted in November

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  7. Credit contraction further accelerates to 2.2 pct in November

    EconomyMacroeconomy

    Greek bank credit contraction further accelerated to 2.2 percent in November from an upward revised 2 percent in October, Bank of Greece (BoG) figures displayed on Wednesday. The net lending flow stayed negative for the fifth successive month with deductions increasing to 458 million in November

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  8. Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016

    EconomyMacroeconomy

    in the apartment prices index follows a decelerating trend with the 2016 rate of -2.2 percent being

    9%

  9. Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding remained on a downward trend for the 21st successive month in March, falling by 2.2 billion following a slower drop of 1.13 billion in the previous month, Bank of Greece's (BoG) monthly financial statement showed on Tuesday. The outstanding balance of central bank

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  10. Retail turnover falls by 2.2 pct in October, volume declines by 4 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales index fell by 2.2 percent in October after a slight downward revision to 4.5 percent for September, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The headline figure interrupts seven consecutive positive readings and is the second negative reading for the year

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