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Greek time deposit rate down to 1.88 pct in November, lowest since euro entry
EconomyMacroeconomyaccessed the euro area in 2002. The year-to-date (YtD) drop in the time deposit rate reached 94 bps... rate in the other comparable countries such as Portugal and Italy. The drop in the time deposit rate... in November extending the year to date drop above the 60 bps mark. The most important change
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Greek CPI dives 2.6 pct in December as deflation deepens to 1.3 pct in 2014
EconomyMacroeconomythe 2.9 percent drop posted in November 2013. The monthly evolution showed that the CPI slipped... groups of goods and services recorded a year on year (YoY) drop in prices in December with the most... exceeded the Greek government and troika updated estimates for a CPI drop of 0.8 to 1 percent for 2014
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Stronger rise of 4.1 pct for Greek industrial turnover in October
EconomyMacroeconomyat an accelerating pace of 4.1 percent from an upward revised 2.4 percent drop in September, according... still points to a drop of 2.4 percent. The change in October mainly reflects a similar rise...). In contrast, the sharpest drop was recorded in other transport equipment (down 51.4 percent
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Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
Economya drop in revenues by 17.7 percent and seasonally high primary (+1.5 billion MoM) as well as Public... higher drop (-3.7 percent) to 46.62 billion, 3.53 billion short of target. Although increasing MoM... billion, 424 million short of target. That performance was mitigated by a minor drop in 2014 PIB
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Industrial turnover dips again in November after upswing in two previous months
EconomyMacroeconomypointing to a decelerating drop of 1.5 percent. The evolution of industrial turnover in November...-domestic market by 2.3 percent, counterbalanced by a drop in the domestic market by 3.1 percent.... The highest drop was posted by transport equipment (down 62 percent), followed by leather and related
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Greek retail turnover index down 1.6 pct in November
EconomyMacroeconomycategories displayed mixed trends. Food, beverages and tobacco recorded a double-digit drop (-10.6 percent... showed retail turnover an volume slipped by 0.8 and 0.3 percent respectively. The highest drop... the sharp drop in household disposable income by more than 28 percent on heightened unemployment
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Greek Manufacturing PMI down to 48.3 pts in January, reaches 15-month low
EconomyMacroeconomy, manufacturers’ selling prices recorded a substantial drop similar to that evident in December. Moreover, the average input prices fell for the first time in the last four months, indicating the most marked drop... was reportedly a factor behind the sector’s worsening performance”, while the drop of the headline figure
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomy, at an accelerating pace of 17.6 percent after a 9.6 percent drop in November. December reading indicates the highest monthly drop in 2014. In absolute terms, arrears fell to 3.75 billion euros at the end.... Following December evolution, the drop of gg guarantees stood at 16 billion for 2014 compared to 23.1
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Greek Q4 GDP down 0.2 pct QoQ, 2014 nominal GDP stays in recession
EconomyMacroeconomyof internal devaluation and deflation (1.3 percent), contracted 0.2 percent YoY in Q4 from a drop of 0.3... percent YoY contraction in each of the first two quarters of the year. The largest drop... more than 70 percent of GDP but has posted a cumulative drop of more than 24 percent since 2008
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Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln
EconomyMacroeconomyis attributed to a significant drop in the net oil import bill, while net payments for purchases of ships... as a drop in non residents’ holdings of Greek government bonds and T-Bills. For the full year, the net... billion) largely offset by a drop in GGB and T-Bill holdings. Reserve assets increased month on month
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