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  1. Industrial turnover grows 23.7 pct YoY in Oct, but drops by 2.6 pct MoM

    EconomyMacroeconomy

    percent rise in manufacturing revenue, with the mining and quarrying index down by 0.8 percent.... Monthly, the domestic market was down by 8.5 percent while the foreign markets were down by 8.7... points in November. Since December last year, industry confidence is down by roughly 14 points. Overall

    5%

  2. Banks discover stress test assumptions, results due in July

    EconomyBanking

    to clean up their balance sheets through the Hercules APS, with NPEs down in single digits... this year, down by one more percentage point to 10.4 pct in 2024 and 9.4 pct in 2025. Residential property prices growth will slow down to 4.7 pct in 2023, from 10.3 pct in 2022, slowing down further

    5%

  3. Import price growth slows further to 11 pct in Dec, records back-to-back monthly drop
    Image: https://flic.kr/p/Tsun9u

    EconomyMacroeconomy

    percent rise and has been slowing down in growth since. This is also the slowest rise since February 2021... of oil and gas was down by 2.8 percent and wood products down by 1.2 percent. In terms of industries... by ELSTAT slowed down to 7.2 percent, from 8.5 percent in the previous month. The latest producer price

    5%

  4. Industrial turnover rises 17.7 pct YoY in Jan, but falls sharply MoM at home and abroad
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    by decreases of 17.1 percent in manufacturing and mining and quarrying down by 35.6 percent. Monthly, the domestic market was down by 23.7 percent while the foreign markets were down by 5.7 percent. Greece’s... March last year, industry confidence is down by 5 points. Overall, economic sentiment (ESI) continued

    5%

  5. Election campaign moves into gear, opinion poll data still equivocal
    Photo by MacroPolis

    PoliticsGreek Politics

    that migration has dropped down the list of voters’ priorities. According to the survey, 10 pct of voters picked it as one of their three key concerns. This was 4 points down on the last ProRata poll in November. The most popular answer was the cost-of-living crisis, although this was down eight points

    5%

  6. Producer prices record back-to-back decline in Apr as energy falls by 24.4 pct YoY
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    down by 45.1 percent, refined petroleum products decreased by 25.8 percent and electricity that contracted by 21.1 percent. Goods sold to the foreign market were down by 13.9 percent YoY, led by refined oil products that contracted by 31.1 percent, mining of metal ores down by 10.6 percent

    5%

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

    EconomyMacroeconomy

    pct, from 1.1 pct in the January estimate. Next year’s estimate is moderately revised down to 1.6 pct... significantly moderated. Private consumption is only expected to grow by 0.8 pct, down from 8.6 pct in 2022... to growth of 2.7 pct, down from 7.3 pct in 2022, although the RRF and resources of Greece 2.0

    5%

  8. CPI growth stable at 2.8 pct in May, food inflation gathers pace at 11.6 pct
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    to price reductions in electricity, natural gas and heating oil, while transport was also down by 3.1 percent. Communications were also down by 2.3 percent. In May there was a notable drop in electricity that was down 24.1 percent annually, while natural gas also dropped by 49.6 percent. Heating

    5%

  9. Import price index falls for third straight month in Apr as energy prices contract by 35 pct

    EconomyMacroeconomy

    with a 39.1 percent rise. Growth has been slowing down since. That said, due to last April’s peak... falling by 37.1 percent, followed by electricity and gas down by 33.4 percent and refined oil... percent, manufacture of mineral products down by 1.6 percent and extraction of oil and gas dropped by 1.5

    5%

  10. CPI drops in Jun on back of lower energy costs, but food prices continue to climb
    Photo by MacroPolis

    EconomyMacroeconomy

    to price reductions in electricity, natural gas and heating oil, while transport was also down by 7.6 percent. Communications were also down by 2.7 percent. In June there was a notable drop in electricity that was down 21.7 percent annually, while natural gas also dropped by 54.7 percent. Heating oil

    5%