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  1. Oct CPI at highest since May 2011, led by natural gas, oil and electricity

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) continued its climb in October, rising by 3.4 percent year-on-year (YoY), from 2.2 percent in September, according to the latest data from the Hellenic Statistical... observed across the economy. The latest figure of 3.4 percent has not been recorded since May 2011

    3%

  2. Alpha Bank reports 2.5 bln loss in 9M as it intensifies effort to clean up balance sheet
    Photo by MacroPolis

    EconomyBanking

    at 19.9 pct. The bank notes that it has concluded the Cosmos securitisation worth 3.4 billion euros backed... billion euros gross book value, and the sale of Sky portfolio, of Cypriot NPEs worth 2.2 billion

    3%

  3. December current account deficit at 1.71 bln, worst for eight years
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    account deficit that Greece has seen since 2014. The deficit for the balance of goods in December... a surplus of 64 million euros, from last year’s figure of 2.2 million euros. It is also improved from

    3%

  4. In first contraction since Oct 2020, Jan IPI falls by 10.9 pct MoM
    Photo by MacroPolis

    EconomyMacroeconomy

    , after rising monthly by 2.2 percent in December. The annual movement in the index was led... Since March last year, industry confidence has increased by 17.3 points. In addition, Greece’s

    3%

  5. Industrial production rises by 7.9 pct in Mar, driven by electricity supply

    EconomyMacroeconomy

    ) data released on Tuesday. IPI has grown in 16 of the last 17 months, since November 2020. The most... confidence fell by 6.1 points to 3.6. Since May last year, industry confidence is down by 2.2 points

    3%

  6. Growth in industrial turnover continues in Mar as manufacturing, petroleum products lead 38.3 pct rise

    EconomyMacroeconomy

    posted growth of 18.2 percent in March 2021 and has been growing ever since. March is the latest..., industry confidence is down by 2.2 points. Overall, Greece’s economic sentiment (ESI) dropped sharply

    3%

  7. Retail sales up by 20.2 pct YoY in Mar, effects of inflation emerge in volume data
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    showed that Greece’s consumer confidence has hit some turbulence, following the post-pandemic... points to 2.2, staying off the recent high in December. The sector sentiment is down by 0.3 points

    3%

  8. CPI shoots up by 12.1 pct in Jun as electricity and natural gas stoke biggest rise since early 90s

    EconomyMacroeconomy

    increase of 0.1 percent. Prices have been pushing upward since. Greece has not seen this level of price... by 11.6 percent in June, from 10.5 percent in May. Month-on-month the HICP was also up by 2.2 percent

    3%

  9. Numbers stacking up for PM to announce winter relief package
    Image: www.primeminister.gr

    PoliticsGreek Politics

    to the bumper tourism season this summer. This would create around 2.2 billion euros of extra fiscal space... has a direct involvement in this issue due to Androulakis asking the Supreme Court prosecutor

    3%

  10. Despite consecutive monthly drops, energy drives up Aug CPI by 11.4 pct
    Image: https://www.flickr.com/photos/151653494@N04/

    EconomyMacroeconomy

    upward since. This level of price increases in Greece has not been recorded since the early to mid-90s... percent rise in education. These were partially offset by a drop of 2.2 percent in communication

    3%