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Reflections on Greece's balance of payments
Agoraexchange rate. The data presented are measured quarterly. We compute a moving sum of four quarters... has since moved to a deficit of 8.5 percent of GDP, again (data through 2022-Q2). The other... to keep track of the transactions with abroad, but Eurostat receives data from member countries’ central
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Record FDI flow into Greece raises bar, but is it sustainable?
EconomyFeatures, and set a new record since the Bank of Greece began publishing data in 2002. For the current year... data in 2002, with the exceptions of 2010 and 2011 which coincided with the nadir of the debt crisis... announced plans for substantial investments in data centres over the coming years, Pfizer has established
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Newsletter 364 - 23/12/2022
some 6 pct in 2022. The latest GDP data for Q3 published a couple of weeks ago reaffirmed the view... the pandemic year 2020. According to the latest data for the ten months of the year, travel receipts... of the energy crisis continue to be reflected in industrial turnover data. The index was up by 25.4
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Manufacturing reaches half a year of contraction as PMI drops further in Dec
EconomyMacroeconomy, according to S&P Global data released on Monday. December’s PMI marks half a year of decline... in output and new orders, after weak domestic and foreign demand. S&P says that the latest data point... May. “December data indicated a downbeat end to 2022 for Greek manufacturers, as contractions
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Company revenues rise by 35.5 pct in 2022 on back of inflation and card transactions
EconomyMacroeconomy(YoY), from 19.7 percent in 2021, based on data released by ELSTAT on Tuesday. Total turnover... 10.84 billion euros in 2021. Based on this data, the largest share in the total turnover... monthly data is available, was 40.08 billion euros, rising by 30.2 percent YoY. Last year’s jump
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Vulnerable households allocated 60 pct of income for housing even before cost-of-living crisis
Economywith the cost-of-living crisis were captured in the latest housing overburden data published by Eurostat. It shows that even before the inflation wave intensified (the latest data is for 2021) Greek households... of 14.3 percent. Housing takes up 14.7 percent of total household expenditure. Another alarming data
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On monetary policy and inflation targeting
AgoraJan, using monthly data). Both countries have clearly been affected by the inflationary effects... announced a “data dependent” month-to-month future for monetary policy, considering “core inflation... shift to a neutral monetary policy stance (“data dependent”) and inflation may slow further to its
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Wages rise by 7 pct, offset by 7.8 pct 12-month rolling CPI
EconomyMacroeconomyThe Labour Ministry has presented the updated data of wages in the labour market, after the incorporation of the latest rise in the minimum wage to 780 euros per month, effective April 1. The data... since 2020, after the economy took a severe hit from the pandemic. The data represents the situation
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Newsletter 407 - 12/01/2024
highlighted by data that highlights the domestic nature of the problem, undermining the argument... that the data points to business and profitability in Greece being unaffected by the inflation wave of 2022... remaining strong. The latest data compounds previous research by international organisations
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Key factors in cost-of-living crisis not kept in check
Agoraweeks has also been highlighted by data that demostrates the domestic nature of the problem... in scope. It is apparent that the data points to business and profitability in Greece being unaffected... costs, with their profits remaining strong. The latest data compounds previous research
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