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Energy continues to drive import price drop as June records 4.7 pct YoY fall
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Car market still buoyant as sales rise by 2.8 pct YoY in July
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Mining drives growth of 0.5 pct YoY in industrial production for June
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CPI accelerates to 3.1 pct YoY in July, rents up 11.3 pct
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Trade deficit rises sharply in June as exports continue to fall
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PMI falls to 51.7 in July, level of optimism drops to lowest in a year
Disposable income plunged 9.3 pct in Q2, dragging consumption down with it
Greek household disposable income fell by 3.1 billion euros or 9.3 percent year on year (yoy) in the second quarter of 2013 and reached 30.1 billion, according to the Hellenic Statistical Authority (ELSTAT). The latest data indicates an accelerating decline compared to the first quarter drop of -7.4 percent.
The ongoing downward trend mainly reflects a decrease in the compensation of employees by 13.9 percent and social benefits by 12.4 percent over the same period.
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