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Growth in producer prices slows to 16.5 pct in Dec as energy rise moderates
EconomyMacroeconomyThere was a further slowdown in the pace of Greece’s Producer Price Index (PPI) in December, rising by 16.5 percent year-on-year (YoY), from 26.2 percent in November, ELSTAT data showed on Monday. The index was in negative territory for most of 2020 and up until March 2021, when it grew annually
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Loan rates exceed 5 pct in Dec, spread at highest in almost 20 years
EconomyMacroeconomypolicy rates by 50 basis points, while it committed to another 50-basis point hike in next month’s
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Trade deficit records rare drop of 10.6 pct in Dec, widens by 50.7 pct for full year
EconomyMacroeconomyFor the first time in months, Greece’s trade deficit recorded a drop year-on-year (YoY), falling by 10.6 percent at the close of 2022, after a rise of 27.7 percent in November, according to data released by ELSTAT on Tuesday. The deficit came to 2.94 billion euros for December. Imports totalled
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EC tweaks forecasts, sees 2023 growth at 1.2 pct
EconomyMacroeconomyconcludes that “Greece’s growth outlook is subject to downside risks related to the potential impact
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Company revenues rise by 35.5 pct in 2022 on back of inflation and card transactions
EconomyMacroeconomymonthly data is available, was 40.08 billion euros, rising by 30.2 percent YoY. Last year’s jump
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CPI stable at 7 pct in Jan as food inflation persists
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) remained broadly unchanged at the start of 2023, rising by 7 percent year-on-year in January, after increasing by 7.2 percent in December, according to the data released on Wednesday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling
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Current account deficit exceeded 20 bln last year, up from 12.27 bln in 2021
EconomyMacroeconomy’s figure of 73.4 million euros, and just 2.2 million euros in December 2020. Travel receipts came
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Producer prices slow further to 13.5 pct YoY in Jan, but rise MoM
EconomyMacroeconomyThe pace of Greece’s Producer Price Index (PPI) continued to slow in January, when it rose by 13.5 percent year-on-year (YoY), following a 16.5 percent increase in December, ELSTAT data showed on Tuesday. The index was in negative territory for most of 2020 and up until March 2021, when it grew
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Eurobank net profit jumps 4x to 1.33 bln in 2022, NPE ratio at 5.2 pct
EconomyBanking. Eurobank’s NPE ratio stood at 5.2 percent in 2022, down by 1.6 percentage points year-on-year, while NPE
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Trade deficit drops 21.9 pct YoY in Jan, reflecting base effects
EconomyMacroeconomyGreece’s trade deficit opened 2023 with a drop year-on-year (YoY), falling by 21.9 percent, after a drop of 10.6 percent in December, according to data released by ELSTAT on Friday. The deficit came to 2.36 billion euros for January. Imports totalled 6.83 billion euros, rising by 5.8 percent YoY
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