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PMI falls to 51.7 in July, level of optimism drops to lowest in a year
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Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
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Producer prices on six-month run of rises after 1.6 pct YoY increase in Jun
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Economic sentiment improves in July, consumer confidence continues to slide
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Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
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Building activity continues to slide in Apr, 4M permits down 26 pct YoY
Consumer prices drop further by 2.2 pct in June
The Greek consumer price index (CPI) fell by 2.2 percent in June after a drop by 2.1 percent in the preceding two months, according to the Hellenic Statistical Authority (ELSTAT). This indicates the seven straight negative reading above the 2-percent mark.
On the flipside, the harmonised index of consumer prices (HICP) fell at half the CPI decrease by 1.1 percent in June from 1.4 percent in May. The highest negative reading was posted in January and follows a decelerating trend thereafter.
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