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  1. Import prices fall sharply in May as energy drops by 40.5 pct

    EconomyMacroeconomy

    with a 39.1 percent rise. Growth has been slowing down since. That said, due to last year’s unprecedented... and electricity down by 30.5 percent. The monthly movements were led by power supply that dropped by 9.5... gas down by 7.7 percent. In terms of industries, energy dropped for the fifth time in a row with 40.5

    5%

  2. CPI maintains upwards trend with 2.7 pct rise in Aug, food inflation at 10.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    percent annually, unchanged from July. Month-on-month, the HICP was down by 0.2 percent. In August... down by 3.1 percent. In August there was a notable drop in electricity that was down 6.5 percent annually, while natural gas also dropped by 78.8 percent. Heating oil moved down by 20.7 percent

    5%

  3. CPI rise eases to 1.6 pct in Sep, but food up by 9.4 pct
    Image: MacroPolis

    EconomyMacroeconomy

    ) increased by 2.4 pct annually in September, down from 3.5 pct in the previous month. Month-on-month.... Communications were also down by 3.1 pct. In September, electricity continued to drop, down 1.2 pct annually, while natural gas also dropped by 82 pct. Heating oil was down by 20.7 pct. The combined impact

    5%

  4. Newsletter 400 - 03/11/2023

    Newsletters

    was noted in retail trade confidence, which fell by 13 points and is now down on a 12-month rolling basis... 2022, automotive fuel sales were down by 7.3 percent, non-food was up by 0.7 percent and food sales were up by 8.4 percent. The corresponding volumes saw fuels down by 3.2 percent, a 0.7 percent drop

    5%

  5. Industrial turnover drops by 2.1 pct YoY in Oct due to foreign markets and manufacturing
    Photo via https://flic.kr/p/29HRurs

    EconomyMacroeconomy

    . Manufacturing revenue was down by 2.5 percent, with the mining and quarrying index jumping by 57.9..., while the non-domestic market was down by 10.3 percent. In the domestic market, the drop in October... markets were down by 3.8 percent. Greece’s Manufacturing PMI was essentially unchanged in November

    5%

  6. Import prices continue to contract in Nov, but at lower pace of 8.6 pct
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    . Energy prices dominate, with electricity down by 36.1 percent, refined petroleum products down by 17..., and electricity down by 3.4 percent. In terms of industries, energy dropped for the eleventh time..., then durables with 2.2 percent. Non-durables were down by 0.4 percent and intermediate goods dropped by 3

    5%

  7. Where is Greek growth coming from?
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    as the economy is slowing down. It is too early to tell whether imports are constraining growth or whether growth is slowing down and thus easing imports. But that growth and imports are so closely... an economic point, both governments are correct to bolster the VAT and help to bring the deficit down

    5%

  8. Sentiment unchanged in April thanks to services gains, consumer confidence also rises

    EconomyMacroeconomy

    at 96.2 points in April, down from 96.5 points in the previous month. The euro area’s ESI was 95.6... on positive ground at 1.9 points, down from 4.8 points in the previous month. Since May last year..., now down by circa 12 points from May last year. Construction confidence returned to negative

    5%

  9. Eurobank net profit jumps by 80 pct to 287.2 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    billion euros, down by 800 million euros YoY. Eurobank’s NPE ratio stood at 3 percent in Q1, down by 2.1... million euros. Operating expenses were stable, down by 0.1 percent YoY to 228.8 million euros. This took the cost-to-income ratio to 30.3 percent in Q1, down from 35.7 percent in 2023. The Q1 2024 cost

    5%

  10. Despite moderation in June, H1 hiring balance up by 34,290 jobs YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    classed as layoffs and termination of contracts. Layoffs are down by 10,334 year-on-year, while voluntary exits were down by 2,061. Hirings were down by 17,195 jobs compared to June last year, while... with 40,910 jobs, with the 30-44 group negative by 15,344 jobs. Broken down by employment activity, catering

    5%