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  1. Wages index grows by 5.5 pct in Q1, slows from previous quarter
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    at 86.2. The non-seasonally adjusted (NSA) wages index increased by 6.6 percent YoY in Q1, in four

    11%

  2. Producer Price Index contracts for third consecutive month, down 12.9 pct in May
    Photo via PPC https://flic.kr/p/9qi65R

    EconomyMacroeconomy

    and electronics that dropped by 6.6 percent. In the broader categories in the overall market, energy products

    11%

  3. Annual contraction of import prices slows in Sep, index growing MoM since Jun

    EconomyMacroeconomy

    12-month rolling movement was negative by 6.6 percent, from a 4.1-percent drop in the previous period

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  4. Greece - Some structural macroeconomic arithmetic
    Photo by MacroPolis

    Agora

    percent of GDP debt ratio, this shadow price suggests that the underlying interest bill is 4*1.65=6.6

    11%

  5. Unemployment drops marginally to 10.8 pct in Q3
    Image: MacroPolis

    EconomyMacroeconomy

    employees (20 percent). Part-time employment was 6.6 percent of total, while the share of persons

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  6. Opinion polls show drop in support for ND, continuing concern about inflation
    Image: MacroPolis

    PoliticsGreek Politics

    of the movements that have taken place over the last month as its support went up from 5.9 pct to 6.6 pct

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  7. Producer prices drop by 7.1 pct in 2023, non-durables up by 6 pct in Dec
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) contracted for the tenth successive month in December, dropping by 6.6 percent year-on-year (YoY), after falling sharply by 8.9 percent in November, ELSTAT data showed on Tuesday. The index had been growing over a two-year period since March 2021, before

    11%

  8. Industrial turnover drops by 7.2 pct in Dec, pulling 2023 figure 4.1 pct lower

    EconomyMacroeconomy

    by decreases of 6.6 percent in manufacturing and mining and quarrying up by 20.1 percent. Monthly

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  9. Net interest income soars by 47 pct in 2023 as Eurobank reports net profit of 1.14 bln
    Image via www.eurobank.gr

    EconomyBanking

    Eurobank posted an adjusted net profit of 1.26 billion euros in 2023, compared to a profit of 1.18 billion euros in the previous year, a rise of 6.6 percent. Net profit was 1.14 billion euros vs. 1.35 billion euros in 2022, a drop of 15.4 percent. Core pre-provision income (PPI) jumped by 58.6

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  10. Piraeus Bank net interest income jumps by 16 pct to 518 mln in Q1, commission income up 19 pct
    Image via www.piraeusbank.gr

    EconomyBanking

    Piraeus Bank posted a net profit of 233 million euros in Q1 2024, from 180 million euros in Q1 last year. Normalised operating profit was 279 million euros in Q1, compared to 204 million euros in Q1 2023. Asset quality The NPE ratio was stable at 3.5 percent in Q1, from 6.6 percent a year ago

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