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ELSTAT revises nominal 2015 GDP contraction to 1.3 pct
EconomyMacroeconomy(ELSTAT) revised downward the drop in nominal GDP to 1.3 percent from the 0.9 percent initially... consumption fell at a higher pace of 1.9 percent in 2015 compared to the drop of 0.9 percent estimated last..., from drop of 3.8 percent before, while imports also edged up 0.3 percent from decline of 6.9 percent
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In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
Economy. However, EC updated its estimates on the GDP components and is now expecting private consumption to drop... conditions and EU funding. After a drop by 4 percent in 2016, exports are estimated to rise by 3.6... 178.8 percent previously). For 2018, Brussels estimates a notable drop to 172.4 percent of GDP
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Current account surplus widens to 1 bln in September
EconomyMacroeconomymillion euros, coupled with a drop in the goods’ deficit by 76.6 million. In contrast... improvement in September, the aggregate figures for the 9-month period point to a marked drop.... Portfolio investment displayed a drop of almost 300 million in resident’s external assets in September
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Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
EconomyMacroeconomypercent year on year (YoY) in Q3 from a downward revised drop of 0.5 percent in Q2. Today’s figure... Ministry (MoF) and the European Commission (EC) forecast a drop in household consumption of 0.5-0.6..., total exports edged down 1.6 percent in the 9-month period, entirely due to a sharp drop in services
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Retail sales rebound for second time in last three months by 1.7 pct in September
EconomyMacroeconomyrevised drop of 2.5 percent in August, Hellenic Statistical Agency (ELSTAT) figures displayed... decrease of 4.1 percent in September. Τhe Greek retail turnover has recorded a sharp drop by 26.4... percent). In contrast, sales in books, stationery and other goods recorded the lowest drop of 12.4
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PMI drops for third straight month to hit one-year low of 48.3 in Nov
EconomyMacroeconomypoints in November after a drop by 0.6 points in October, the Markit survey displayed on Thursday... rate over the last twelve months. Work backlogs deteriorated again, on the back of a further drop... their discounting policies for the fifth straight month. At the same time, the rate of drop
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Newsletter 98 - 02/12/2016
by 1.8 percent year-on-year (YoY) in Q3 from a downward revised drop of 0.5 percent in Q2. The key... in the anticipated drop in bad loans. The BoG report also revealed that NPEs fell to 106 billion... drop of 0.5 percent in Q2. GDP at current prices improved by 0.6 percent QoQ (from +0.9 percent in Q2
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Unemployment rate drops again in Q3, reaching 22.6 pct
EconomyMacroeconomypercentage points (pp) from the Q3 2015 figure of 24 percent. This reflects a drop in the number... displayed the most marked drop of 4.6 pp to 44.2 percent was recorded among youth (15-24 years old... jobless (more than 1 year) rose to 806,300 in Q3 after a marked drop in the previous month
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Current account balance turns to deficit of 198 mln in Oct
EconomyMacroeconomyshowed on Wednesday. The deterioration is attributed to a drop in the primary and secondary income... percent to 1.24 billion. This mostly reflects a sharp drop in the services surplus by 1.69 billion... increased, the BoG said. The drop in the services’ surplus mostly relates to a marked decrease
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CPI stays flat in December, falls by 0.8 pct in 2016
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) remained stable in December following a drop of 0.9 percent... in December after a short-lived drop of 0.2 percent in November. Prices of main groups of goods and services... successive year in 2016, when the CPI fell by 0.8 percent following a drop of 1.7 percent, which
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