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  1. Sharp increase for Greek bank provisions in Q2 due to capital shortfall highlighted by ECB

    EconomyBanking

    on the back of lower deposit cost, leading core PPI (excluding one-off items) up 1.1 percent QoQ... million in Q3. Gross loans slipped by 1.1 percent QoQ to 68.9 billion n Q3, while deposits contracted.... The NPL ratio rose at an accelerating pace of 1.1 percentage points to 40.5 percent in Q3 from 39.4

    3%
  2. CPI falls by 0.2 pct in Jan, first negative figure since Nov 2016
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    average HICP for 2017 was positive by 1.1 percent. The main driving force behind the year-on-year... percent) and hotels, cafes and restaurants (+1.1 percent). Month-on-month, the CPI fell by 1.6... projects the HICP to rise by 1.1 percent in 2018.

    3%
  3. CPI rises by 0.9 pct in January
    Photo by MacroPolis

    EconomyMacroeconomy

    by 0.7 percent while the services index increased by 1 percent. The harmonised index (HICP) rose by 1.1... percent. These were partially offset by decreases in recreation (-1.1 percent), clothing and footwear (-1.1 percent) and household equipment (-0.5 percent). Overall, the three highest annual increases were

    3%
  4. Poverty rate rises in 2021; even after social transfers 1 in 4 children are at risk
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    increases to 24.7 pct, up by 1.1 percentage points since 2020, with males at 24.4 pct and females at 25... at 32.4 pct, with the next age group of 18-64 up by 1.1 percentage point at 25.7 pct and those over 65 also up by 1.1 points to 16.1 pct. The absolute number of people at risk of poverty and social

    3%
  5. Industrial production back in negative territory for Sep as electricity supply drops sharply

    EconomyMacroeconomy

    by 1.1 percent year-on-year (YoY), after growing by 4.4 percent in the previous month, according... adjusted index also recorded a decrease of 3 percent, after a drop of 1.1 percent in the previous month..., down by 14.9 percent, and water supply down by 1.1 percent. Partially offset by rises in manufacturing

    3%
  6. Newsletter 261 -07/08/2020

    Newsletters

    was noted in social security funds (SSFs) with an annual fall of 1.06 billion euros, bringing the total... a surplus of 639 million. Increases were noted in extrabudgetary funds where the total rose by 163... governments, a rise of 143 million euros was seen, taking the total to 326 million. Overall, the state budget

    3%
  7. Greece goes deeper into deflation territory

    EconomyMacroeconomy

    The drop in Greece’s Consumer Price Index (CPI) accelerated to 2.0 percent in October compared to a 1.1 percent decline in September, according to the Hellenic Statistical Authority (ELSTAT... years at 0.6 percent in 2015 and 1.1 percent in 2016, also reflecting a stronger GDP rebound. Our

    3%
  8. Drop in CPI eased in Feb but Greece still firmly in deflation territory
    Photo by MacroPolis

    EconomyMacroeconomy

    The drop in Greece’s Consumer Price Index (CPI) slowed further in February to 1.1 percent from 1.5 percent in January, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis... in 2015 (0.6 percent) and 2016 (1.1 percent in 2016).

    3%
  9. Greek trade deficit widens by 29.4 pct in July as import rate soars

    EconomyMacroeconomy

    last year. The evolution in July reflects a slight drop in exports by 1.1 percent and an increase... by a modest 1.1 percent, while the respective figure from non-EU countries grew by 19.6 percent

    3%
  10. August sees third Greek C/A surplus in a row, reaching 1.82 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    to the end-July figure. This showed a net inflow of 1.1 billion, while residents’ direct investment.... As a result, the year to date figure turned to a net outflow of 1.1 billion in the 8-month period

    3%