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Industrial turnover rebounds by 10.5 pct in June after three months of decline
EconomyMacroeconomyAfter retreating in the preceding three months, the Turnover Index in Industry rebounded by 10.5 percent in June, according to the Hellenic Statistical Authority (ELSTAT).
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Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near
EconomyMacroeconomyThe Greek economy recorded the 24th consecutive period of decline in Q2 of 2014 as Gross Domestic Product measured in constant prices declined by 0.2 percent year on year, which was better than the estimates for a -0.4 percent drop.
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First positive reading for building activity in 6 months after 1.2 pct rise in May
EconomyMacroeconomyThe number of building permits issued in Greece rose by a modest 1.2 percent in May, after a nosedive of 36.5 percent in April, according to the Hellenic Statistical Authority (ELSTAT).
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Drop in Greek industrial production accelerates in June, falling by 6.7 pct
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) fell 6.7 percent in June at an accelerating pace compared to the 0.9 percent drop posted in May, according to the Hellenic Statistical Authority (ELSTAT).
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Car sales continue to rise in July but at slower pace of 25.9 pct
EconomyMacroeconomyThe growth rate in the number of road motor vehicles going into circulation for the first time slowed to 25.9 percent in July from 46.3 percent in June, according to the Hellenic Statistical Authority (ELSTAT).
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Unemployment at 27.2 pct in May, hardly changed from previous months
EconomyMacroeconomyThe seasonally adjusted jobless rate slightly fell to 27.2 percent in May after remaining unchanged at 27.3 percent in the preceding three months, according to the Hellenic Statistical Agency (ELSTAT).
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Sudden spurt for Greek exports, which rose by 11.3 pct in June
EconomyMacroeconomyThe rate of change in Greece’s exports turned positive showing an increase of 11.3 percent in June following a drop of 7.5 percent in May, according to the flash estimates released by Hellenic Statistical Authority (ELSTAT) on Thursday.
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Greek CPI falls at slower pace of 0.7 pct in July
EconomyMacroeconomyThe drop in the Consumer Price Index (CPI) decelerated for the second straight month to 0.7 percent in July from 1.1 percent in June, according to the Hellenic Statistical Authority (ELSTAT).
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Greek retail sales dive 8.5 pct in May after brief rise in April
EconomyMacroeconomyThe turnover of Greece’s retail trade index resumed a negative trend in May dropping by 8.5 percent year on year (YoY) after increasing by 3.8 percent in April, according to the Hellenic Statistical Agency (ELSTAT).
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Greek trade deficit up by 21.9 pct in May as exports sink further
EconomyMacroeconomyThe rate of increase in Greece’s trade deficit accelerated to 21.9 percent in May from 17.2 percent in April, according to the Hellenic Statistical Authority (ELSTAT).