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EconomyMacroeconomy
Majority of services sectors still see contraction in turnover in Q1 2014 The evolution of turnover indices for the services sector showed 8 out of the 14 services activities posted a contraction in Q1 2014, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Greek Q1 unemployment remains at record quarterly high of 27.8 pct The non-seasonally-adjusted unemployment rate remained unchanged quarter on quarter in Q1 of this year at 27.8 percent in Q1 but rose slightly from the 27.6 percent posted in Q1 2013, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Greek building activity drop decelerates to 16 pct in March Building permits in Greece continued heading south, although at a decelerating pace, falling by 16 percent in March from 20.7 percent in February, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Industrial Production Index in negative territory for the year, at -2.2 pct in April The Greek Industrial Production Index (IPI) fell 2.2 percent in April following a downward revised 2.7 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT).
This is the eleventh negative reading over the past 16 months. -
EconomyMacroeconomy
Greek May CPI falls 2 pct in one of biggest drops for more than a year The Hellenic Statistical Authority (ELSTAT) said on Tuesday that the Consumer Price Index (CPI) fell 2 percent in May, which was a faster pace compared to the preceding months.
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EconomyMacroeconomy
Greek economy contracts 0.9 pct in Q1, slowest pace since Q1 2010 Greek non-seasonally-adjusted GDP contracted 0.9 percent year on year (YoY) in the first quarter of 2014 from -2.3 percent posted in Q4 2013, according to the provisional data published by the Hellenic Statistical Authority (ELSTAT) today.
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EconomyMacroeconomy
May sees 48.7 pct rise in number of new cars in circulation The growth in the number of road motor vehicles (going into circulation for the first time) accelerated to 48.7 percent in May from 9.1 percent in April, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Accommodation and food services index rises by 44.9 pct in Q1 The Turnover Index in Accommodation and Food Services soared 44.9 percent in the first quarter (Q1), accelerating from the 35.9 percent posted in the last quarter of 2013, according to Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Unemployment rate edges down for sixth straight month to 26.8 pct in March The seasonally adjusted jobless rate slipped for the sixth straight month in March, edging down to 26.8 percent from an upwards revised 26.9 percent in February, according to the Hellenic Statistical Agency (ELSTAT).
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EconomyMacroeconomy
Drop in Greek retail sales accelerates to 3.4 pct in March The turnover of Greece’s retail trade index fell by 3.4 percent year on year (YoY) in March, from a revised -1.9 percent posted in February, according to the Hellenic Statistical Agency (ELSTAT).