MacroPolis

Industrial turnover index falls 8 pct in September, new orders also down

19/11/2013 - 13:10

The Turnover Index in Industry dropped 8 percent in September, while New Orders Index in Industry also fell by 0.9 percent, according to the Hellenic Statistical Authority (ELSTAT).

Apartment prices down 9.2 pct in Q3 as lifting of foreclosure ban mulled

15/11/2013 - 13:08

Apartment prices in the Greek market fell by 9.2 percent in Q3 at a slightly decelerating pace compared to Q2 performance (-11.8 percent), according to the Bank of Greece (BoG).

Cash deficit to October widens to 9.1 billion euros

15/11/2013 - 12:36

The central government net balance to October on a cash basis showed the deficit widening by 34 percent to 9.08 billion euros from 6.78 billion last year, according to the Bank of Greece (BoG).

Unemployment rate remained unchanged at 27.3 pct in August

14/11/2013 - 13:53

The seasonally adjusted unemployment rate in August stayed flat at 27.3 percent, following a downward revision by 0.3 percentage points of the previously announced July rate of 27.6 percent, according to data released by the Hellenic Statistical Authority (ELSTAT).

Greece’s building activity remained in deep red for August

11/11/2013 - 13:06

Greek building activity (measured by the number of building permits) dropped by 10.5 percent in August with the respective surface figure easing 21.1 percent, while volume retreated 31.0 percent, according to the Hellenic Statistical Authority (ELSTAT).

Greece's industrial production shows no signs of reversing the negative trend

08/11/2013 - 14:55

The Industrial Production Index recorded a drop of 1.8 percent in September showing a decelerating trend following a dip exceeding 7 percent in the preceding two months, according to Hellenic Statistical Authority (ELSTAT). September performance led nine-month figure down 3.6 percent compared to a 3.8 percent at the end of August.

Greece goes deeper into deflation territory

08/11/2013 - 13:18

The drop in Greece’s Consumer Price Index (CPI) accelerated to 2.0 percent in October compared to a 1.1 percent decline in September, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, CPI marginally eased by 0.1 percent, while the average rate of CPI change over the trailing twelve months remains negative at -0.4 percent.

October budget revenues beat target by 24% but gg arrears reach 2.47 bln in 2013

05/11/2013 - 16:13

The Greek general government (gg) cash deficit to September fell by 42.3 percent to 5.50 billion with the gg cash primary surplus landing at 3 million from 434 million, the Ministry of Finance (MoF) said on Tuesday.

Deposits down for fourth month in a row as tax obligations rise

25/10/2013 - 16:15

Greek private sector deposits marginally slipped 0.53 percent month on month (mom) in September with balances reaching 161.35 billion euros. Net flow remained in negative territory for the fourth consecutive month with outflows increasing at 719 million in September from 212 million in August.

No signs of credit revival in Sept., balances at 221 bln

25/10/2013 - 15:06

Credit contraction in the Greek market remained unchanged from the previous month at 3.9 percent year on year (yoy) in September with balances reaching 221.0 billion euros, according to the Bank of Greece.