Displaying items by tag: iobe
Foundation for Economic & Industrial Research (IOBE): Significant rise in gas costs affects Greek industry
The recovery of the Greek economy weakened in the fourth quarter of 2021, however it remained strong, while a significant increase in exports of services and private consumption was recorded again, as reported by IOBE in the Bulletin of Industrial Developments (March 2022). As for the economic climate in February, it remained stable while consumer confidence improved.
GDP growth was strong in the fourth quarter of 2021, at 7.7%, after a recovery of 11.4% in the third quarter. Overall in 2021 the average GDP growth rate was 8.3%, compared to a decrease of 9.0% the year before.
Greek economic sentiment index jumped to 105.3 points in July
Greek economic sentiment index jumped to 105.3 points in July from 101 in June, the highest level since March 2008, the Foundation for Economic and Industrial Research (IOBE) said in a monthly report released on Thursday.
IOBE scales back Greek GDP growth outlook to 1.8%
The Greek economy is set to grow by 1.8 percent this year, the Foundation for Economic & Industrial Research (IOBE) said on Wednesday, revising downward its previous forecast.