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  1. Q4 GDP grew by 1.4 QoQ, 2022 GDP rose 5.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    which ended in March 2021 and took the economy some time before it regained a solid footing. Final

    2%

  2. Car sales contract by 8.2 pct YoY in Feb amid drops for used passenger vehicles and lorries
    Image: https://flic.kr/p/rzTNT7

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time fell back into negative territory in February, dropping by 8.2 percent year-on-year (YoY) after a solid jump of 54.6 percent in January, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. In February 2022

    2%

  3. Property prices grow by 12.2 pct in Q4, as 2022 sees rise of 11.1 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The increase in the nominal value of apartments in Greece remained on a solid footing in Q4 2022, rising by 12.2 percent year-on-year (YoY), from an upwards revised 11.7 percent in Q3, Bank of Greece (BoG) data released on Wednesday showed. The latest figure is the highest since before the debt

    2%

  4. Building permits up 5 pct in 2022, moderating from 26.6 pct rise in previous year
    Photo by MacroPolis

    EconomyMacroeconomy

    business sentiment indicators for February showed that the construction confidence indicator posted a solid

    2%

  5. S&P only ups outlook, waits for political clarity before rating move

    Economy

    , which has also led to solid credit expansion with the RRF also being a contributing factor. The role

    2%

  6. Disposable income rises by 10.9 pct in Q4
    Photo by MacroPolis

    EconomyMacroeconomy

    Household disposable income increased by a solid 10.9 percent year-on-year (YoY) in the fourth quarter (Q4) of 2022, from a 10.2 percent rise in the third quarter (Q3), according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. The absolute figure was 34.94 billion euros in Q4

    2%

  7. Building activity down 15.2 pct in Feb for sharpest drop since 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    After a solid start for 2023, building permits recorded a contraction of 15.2 percent year-on-year (YoY) in February, after a rise of 22.1 percent in January, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. This is the first negative reading since July 2022

    2%

  8. Disposable income rises by 11.3 pct in Q1, saving rate negative for successive quarters

    EconomyMacroeconomy

    Household disposable income increased by a solid 11.3 percent year-on-year (YoY) in Q1 this year, from 10.9 percent in Q4 of 2022, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. The absolute figure was 35.09 billion euros in Q1, from 31.53 billion euros a year ago

    2%

  9. Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
    Photo by MacroPolis

    Economy

    that durability is key in the assessment of the agency as it wants to secure a solid base

    2%

  10. Industrial production contracts again in July, as electricity supply drives 1.9 pct drop
    Photo via https://flic.kr/p/bwZLC3

    EconomyMacroeconomy

    , Manufacturing PMI remained in expansion territory in August, marginally falling to 52.9 points, after a solid

    2%