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  1. OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    , from 4.6 pct last year. The unemployment rate in 2023 will drop by roughly 1 percentage point to 11.8 pct, and narrowly reduce to 11.3 pct in 2024. On the fiscal front, the deficit this year will drop to 2.5 pct of GDP, from 4.3 pct in 2022, while the debt by the Maastricht definition will drop

    5%
  2. Retail sales barely move in Oct, collapse in volumes accelerates
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    showed on Friday. The corresponding volume index recorded a drop of 6.3 percent. Sales volumes have.... The inflationary effects are reflected in volumes, with fuels down by 2.6 percent, a 2.4 percent drop... sentiment (ESI) had a marginal drop of 0.4 points in November to 106.2, from a 1.4-point drop

    5%
  3. Newsletter 439 - 01/11/2024

    Newsletters

    staff.MacroeconomyCharts of the weekSentiment Greece’s economic sentiment recorded a drop of over 3 points month-on-month... years. The drop in sentiment was led by retail, which fell sharply by 8 points MoM and construction... had an even sharper drop of 5.2 pct. The drop in turnover was mostly due to fuels that were down

    5%
  4. Newsletter 464 - 30/05/2025

    Newsletters

    with another sharp drop in February of almost 22 pct, after a 17 pct drop in January, leading to a 20 pct drop... in the same month of 2024. Surface also had a drop of 33 pct year-on-year, and volume dropped by 15.7 pct

    5%
  5. Energy a main factor in decline of April import prices by 6.3 pct YoY
    Image via www.helpe.gr

    EconomyMacroeconomy

    Greece’s import price index continued its contraction in April, with a sharp drop of 6.3 percent year-on-year (YoY), after a 2.5 percent drop in the previous month, according to data released..., the index also decreased by 3.9 percent, from a drop of 0.7 percent in the previous month. The index’s

    5%
  6. Energy at forefront of 2 pct decline for industrial production in May
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) continued its drop in May with 2 percent year-on-year... mid-2023. Month-on-month (MoM), the seasonally adjusted index in May recorded a drop of 0.4 percent. The annual movement in the index reflects a drop in half of the components, with 1.4 percent

    5%
  7. Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales had a sharp drop of 4.4 percent year-on-year (YoY) in May, after marked.... The corresponding volume index also had a significant drop of 5.6 percent YoY, from a 7.4 percent jump... percent and food and beverages were down by 7.7 percent. Clothing and footwear also recorded a drop of 7.1

    5%
  8. Electricity pushes industrial production down by 2.9 pct YoY in Aug

    EconomyMacroeconomy

    percent year-on-year (YoY) drop, after a drop of 0.5 percent in the previous month, according... adjusted index in August recorded a drop of 4.1percent. The annual movement in the index reflects a drop of 0.8 percent in manufacturing, 8.9 percent in electricity supply, and 6.8 ercent in water supply

    5%
  9. Growth of industrial production slows to 2.6 pct YoY in Nov
    Photo via www.eydap.gr

    EconomyMacroeconomy

    (YoY) drop, though slowed from the jump of 6.4 percent in the previous month, according to Hellenic... adjusted index in November recorded a drop of 1.6 percent. For the January to November period, the index... a rise of 7 percent in manufacturing, and 2.3 percent in mining, partially offset by a 11.9 percent drop

    5%
  10. Building activity on the mend with 13.5 pct YoY rise in Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    , from 2,640 in October 2024. The corresponding surface area saw a drop of 5.2 percent YoY, while... percent, while Attica also recorded a minor drop of 0.8 percent. In absolute terms, the highest number... volume was also down by 7.1 percent. The largest regional drop is in central Macedonia with 11.9 percent

    5%