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Producer prices record back-to-back decline in Apr as energy falls by 24.4 pct YoY
EconomyMacroeconomydown by 45.1 percent, refined petroleum products decreased by 25.8 percent and electricity that contracted by 21.1 percent. Goods sold to the foreign market were down by 13.9 percent YoY, led by refined oil products that contracted by 31.1 percent, mining of metal ores down by 10.6 percent
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OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
EconomyMacroeconomypct, from 1.1 pct in the January estimate. Next year’s estimate is moderately revised down to 1.6 pct... significantly moderated. Private consumption is only expected to grow by 0.8 pct, down from 8.6 pct in 2022... to growth of 2.7 pct, down from 7.3 pct in 2022, although the RRF and resources of Greece 2.0
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CPI growth stable at 2.8 pct in May, food inflation gathers pace at 11.6 pct
EconomyMacroeconomyto price reductions in electricity, natural gas and heating oil, while transport was also down by 3.1 percent. Communications were also down by 2.3 percent. In May there was a notable drop in electricity that was down 24.1 percent annually, while natural gas also dropped by 49.6 percent. Heating
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Import price index falls for third straight month in Apr as energy prices contract by 35 pct
EconomyMacroeconomywith a 39.1 percent rise. Growth has been slowing down since. That said, due to last April’s peak... falling by 37.1 percent, followed by electricity and gas down by 33.4 percent and refined oil... percent, manufacture of mineral products down by 1.6 percent and extraction of oil and gas dropped by 1.5
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CPI drops in Jun on back of lower energy costs, but food prices continue to climb
EconomyMacroeconomyto price reductions in electricity, natural gas and heating oil, while transport was also down by 7.6 percent. Communications were also down by 2.7 percent. In June there was a notable drop in electricity that was down 21.7 percent annually, while natural gas also dropped by 54.7 percent. Heating oil
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Import prices fall sharply in May as energy drops by 40.5 pct
EconomyMacroeconomywith a 39.1 percent rise. Growth has been slowing down since. That said, due to last year’s unprecedented... and electricity down by 30.5 percent. The monthly movements were led by power supply that dropped by 9.5... gas down by 7.7 percent. In terms of industries, energy dropped for the fifth time in a row with 40.5
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CPI maintains upwards trend with 2.7 pct rise in Aug, food inflation at 10.7 pct
EconomyMacroeconomypercent annually, unchanged from July. Month-on-month, the HICP was down by 0.2 percent. In August... down by 3.1 percent. In August there was a notable drop in electricity that was down 6.5 percent annually, while natural gas also dropped by 78.8 percent. Heating oil moved down by 20.7 percent
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CPI rise eases to 1.6 pct in Sep, but food up by 9.4 pct
EconomyMacroeconomy) increased by 2.4 pct annually in September, down from 3.5 pct in the previous month. Month-on-month.... Communications were also down by 3.1 pct. In September, electricity continued to drop, down 1.2 pct annually, while natural gas also dropped by 82 pct. Heating oil was down by 20.7 pct. The combined impact
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Newsletter 400 - 03/11/2023
was noted in retail trade confidence, which fell by 13 points and is now down on a 12-month rolling basis... 2022, automotive fuel sales were down by 7.3 percent, non-food was up by 0.7 percent and food sales were up by 8.4 percent. The corresponding volumes saw fuels down by 3.2 percent, a 0.7 percent drop
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Industrial turnover drops by 2.1 pct YoY in Oct due to foreign markets and manufacturing
EconomyMacroeconomy. Manufacturing revenue was down by 2.5 percent, with the mining and quarrying index jumping by 57.9..., while the non-domestic market was down by 10.3 percent. In the domestic market, the drop in October... markets were down by 3.8 percent. Greece’s Manufacturing PMI was essentially unchanged in November
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