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  1. Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    20.96 billion euros. The primary surplus of 2023 will land at 1.1 pct of GDP, or 2.56 billion euros

    3%

  2. Newsletter 396 - 06/10/2023

    Newsletters

    budget the primary surplus goal of 1.1 pct of GDP, which was sent to Brussels in the spring, when

    3%

  3. Trade deficit continues to shrink in Aug despite exports losing momentum
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    by 20.5 percent at 27.28 billion euros. Exports to EU countries increased 1.1 percent to 19.55

    3%

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

    EconomyMacroeconomy

    increased by 1.8 pct, from a drop of 1.1 percent in August. In September 2022, the CPI was up by 12 pct YoY

    3%

  5. IMF forecasts high primary surpluses, tempers growth expectations
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    , as it is consistently the view of the IMF, with the growth forecast at just 1.1 pct in 2028. Inflation

    3%

  6. NBG's NII rises by 73 pct to 1.64 bln in 9M
    Photo by MacroPolis

    EconomyBanking

    were 1.1 billion euros in 9M 2023, with the ratio at 3.6 percent and coverage at 94 percent

    3%

  7. Industrial production returns to growth of 2 pct in September
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    in the index was led by electricity supply rising by 13 percent, while water supply was up by 1.1

    3%

  8. Economic sentiment stable in Nov, consumer confidence slides further
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The Employment Expectations Indicator (EEI) increased by 1.1 points to 116.2. The EEI is up

    3%

  9. Nov headline CPI at 3 pct, food price inflation three times higher
    Image: MacroPolis

    EconomyMacroeconomy

    , the HICP was down by 1.1 pct. In November, the annual CPI movement was led by a 9 pct increase in food

    3%

  10. Energy fuels producer price fall of 8.9 pct in Nov, but non-durable consumer goods keep rising

    EconomyMacroeconomy

    1.1 percent, durables up by 2.2 percent and non-durable consumer goods increased by 5.9 percent.

    3%