A rise of 10.9% was recorded within the turnover in retail commerce throughout March. Specifically, the Common Index of Retail Commerce turnover through the month of March 2024, in comparison with the corresponding index of March 2023, confirmed a rise of 10.9% and in comparison with the corresponding index of February 2024, a rise of … Read more
The two sides of the coin and the Recovery Fund · Banks were boosted yesterday by data on new loans. · The average interest rate rose to… 6.24% in March. · Therefore, the gap with the new deposits opened at 5.71 units. · That is, for new deposits the banks give an interest rate of … Read more
More than €3 billion was given by the government in OPECA benefits (basic, family and social) in 2023, while Prime Minister Kyriakos Mitsotakis said in an interview on Thursday that the government spends about €4 billion annually on benefits. But to what extent do these costs take place? According to the most recent data from … Read more
Higher than the target was the primary surplus at the end of 2023 according to the first estimate of ELSTAT. According to the data, the primary surplus reached 4.01 billion euros or 1.9% of GDP, when in 2022 it was at zero. This results from the first notification of the data in the context of … Read more
Inflation was 3.2% in March, from 2.9% in February, according to ELSTAT. At the same time, food inflation “ran” at a rate of 5.3% from 6.7% in the previous month. However, on a monthly basis, food inflation recorded a slight drop of 1.1% from February to March. Based on the fact that March was the … Read more
Inflation stood at 2.9% in February compared to 3.1% in January, adding to the government’s concern about the new dynamics of price appreciation that is developing, as reported by ot.gr. Consumers in Greece are feeling even more financially stressed as despite the small deceleration in inflation compared to January is estimated, food prices remain high. … Read more
The Greek economy achieved a growth rate of 2% in 2023, according to the first estimates of ELSTAT with the performance of Q4 at 1.2% on an annual basis, as reported by ot.gr. The rhythm is slower than estimated of the government which expected a 2.4% increase in GDP, but also of the European Commission … Read more
Consumers in Greece feel even more financially stressed, as despite the slight de-escalation of inflation in January compared to December, food prices remain high. Tomorrow, Thursday, ELSTAT is expected to announce the national inflation index for January, although Eurostat’s data on the harmonized index have given an idea of how it “entered” 2024, as reported … Read more
The rate of inflation rose slightly in January this year and was set at 3,1% from 3,5% last December and compared to 7% in January 2023. The main reason is the drop in energy prices, with a typical reduction in the price of natural gas by 60.2%. On the other hand, food prices continued to … Read more