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May sees 48.7 pct rise in number of new cars in circulation
EconomyMacroeconomypercent compared to a 7.1 percent drop recorded last year. In addition, the 12-month trailing index... of the preceding three years. Car registrations recorded a cumulative drop of 78 percent since 2008... institutions point to a slowdown of private consumption to -1.8 percent in 2014 from the 6 percent drop
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Greek May CPI falls 2 pct in one of biggest drops for more than a year
EconomyMacroeconomyindicates the CPI eased 0.8 percent compared to April, mainly due to an 8.9 percent drop in clothing.... The 2 percent decrease of the CPI in May is largely due to a drop in prices of three sectors... deflationary reading in the past 15 months. Following a drop of CPI by 0.9 percent in 2013 for the first time
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Exports continued their decline, down by 8.3 pct in May
Economyin May, following a steeper drop of 20.8 percent posted in April, according to the flash estimates... a modest drop of 0.9 percent. Excluding the impact of oil products, imports posted a higher rise of 7.6..., reflecting a drop in imports and exports by 1.6 and 7.8 percent respectively.
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Decline in Greek CPI slows to 1.1 pct in June after sharper fall in May
EconomyMacroeconomyThe Consumer Price Index (CPI) fell 1.1 percent in June, decelerating from the 2 percent drop... and footwear prices. The latter’s performance in June reversed the 8.9 percent drop posted in May, which.... The year on year decline of 1.1 percent in the June CPI mainly reflects a drop of 3.9 percent
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Industrial production rises again in May, by 1.8 pct, after two months of decline
EconomyMacroeconomydrop of 0.3 percent to April to a marginal rise of 0.2 percent to May. Similarly to the monthly trend... drop of 2.5 percent with electricity production slightly slipping by 0.5 percent. The main industrial... a further drop.
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Building activity plunges by 35.6 pct in April, down by 75 pct since 2008
EconomyMacroeconomyfrom the 16 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT... the highest drop, at -47.6 and -40.3 percent respectively. In contrast, the rate of decline in building... in 2008. This means there has been a cumulative drop of 75 percent that is more than three times
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Here's why IOBE think tank sees Greek economy growing 0.7 pct this year
Economyconsumption by 1.8 percent in 2014. The drop in public consumption is anticipated to decelerate... percent drop in imports. Export growth is entirely driven by services on the back of stronger... or marginally drop in 2014. For the economy to achieve high growth rates, IOBE suggests that lending
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Greek trade deficit up by 21.9 pct in May as exports sink further
EconomyMacroeconomyincreased 9.5 percent to 8.84 billion. This stems from a slight drop in imports by 0.7 percent... an increase of 7.5 percent, while exports recorded a slower drop at 4.9 percent. As a result, the underlying... lower demand from the eurozone. However, IOBE forecasts exports of goods to remain stagnant or drop
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Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows
Societydrop of 3.6 percent. In terms of the number of rooms per person, Greece has the lowest ranking at 1.2... showed a drop of its share from 12.8 percent in 2008 to 8.4 percent in 2012. In contrast, the lowest... for non-Greek migrants exiting the country was the drop in the construction activity since more than half
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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...). The July reading indicates the slowest drop in the CPI so far in 2014 and since July 2013. Greece has been... in the harmonized CPI, which slipped 0.8 percent year on year and 1 percent month on month. The year on year drop
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