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PM set on sharing out more economic benefits in bid to recover support
PoliticsGreek Politicsit as a dividend of the growing economy and the fruits of the government’s effort to clamp down on tax evasion... to bring down income tax rates, which Mitsotakis is aiming to present at the Thessaloniki International... rates to wages, while the other is based around bringing down the 22 pct rate that applies to incomes
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Producer prices pick up pace by 2.1 pct YoY in Mar
EconomyMacroeconomy), the index was down by 0.2 percent, from a minor drop of 0.1 percent in the previous month. Over... percent and plastics with 8.3 percent. Goods sold to the foreign market were down by 6/8 percent YoY, led by refined oil down by 17.1 percent, food products that dropped by 12.7 percent
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Consumer confidence rises sharply by 4 points in May, other components drop
EconomyMacroeconomyperiod, May’s ESI is down roughly 3 points from June 2024. The average ESI in the EU stood at 95.2... confidence is now down by 18 points on the rolling 12-month. Retail trade improved slightly, although it remained in negative territory at -2 points, from -3.6 points in the previous month, now down by circa
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Building activity records another sharp drop of 21.9 pct YoY in Feb
EconomyMacroeconomy, permits were down by almost 20 percent YoY to 3,904. The corresponding surface area was down by 34.8 percent while volume was also down by 25.7 percent. The largest regional drop is in Thessaly... to 6.2 points, from 13.6 in the previous month. The index is down roughly 8 points on the rolling
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Rise in producer prices eases to 0.5 pct YoY, in growth for four straight months
EconomyMacroeconomyin April of 2022 with a jump of 48.8 percent annually. Month-on-month (MoM), the index was down... and plastics with 8.1 percent. Goods sold to the foreign market were down by 11.5 percent YoY, led by refined oil down by 25.8 percent, food products that dropped by 13.3 percent, and pharmaceuticals down
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Industrial turnover falls by 9.1 pct YoY in Apr, driven by foreign markets and manufacturing
EconomyMacroeconomywas marginally down by 0.2 percent, from 2.1 percent rise in the previous period. Manufacturing revenue dropped by 9.1 percent YoY, with the mining and quarrying down by 1.9 percent. Manufacturing turnover... in the domestic market decreased by 2 percent, while the non-domestic market was down by 20.7 percent
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Building activity collapses by 41.3 pct YoY in Mar due to uncertainty over construction code
EconomyMacroeconomyMacedonia with just 23. During the first quarter of 2025, permits were down by over 29 percent YoY to 6,110. The corresponding surface area was down by 43.2 percent while volume was also down by 33... dropped further to 6.2 points, from 13.6 in the previous month. The index is down roughly 8 points
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Rise in producer prices accelerates to 2 pct YoY in May for fifth straight increase
EconomyMacroeconomy. It peaked in April of 2022 with a jump of 48.8 percent annually. Month-on-month (MoM), the index was down...-metallic mineral products with 7.9 percent. Goods sold to the foreign market were down by 9.3 percent YoY, led by refined oil down by 20.6 percent, food products that dropped by 14.1 percent, and tobacco
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Q2 GDP moderates further to 1.7 pct YoY as households spending slows
EconomyMacroeconomywere down by 0.03 percent QoQ and services exports increased by 2.6 percent. Imports of goods dropped by 0.8 percent and services were down by 2 percent. Compared to Q2 2024, final consumption...-on-year, while imports were down by 3.2 percent. Goods exports decreased by 1.1 percent YoY, while
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Energy drives import price drop of 2.1 pct YoY in July
EconomyMacroeconomy, refined petroleum products dropped by 13.1 percent annually, and oil and gas down by 6 percent... and refined oil with 3.1 percent. In terms of industries, energy was down by 6.5 percent YoY, intermediate goods dropped by 1.1 percent, capital goods marginally down by 0.3 percent, and durables down
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