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  1. Greek retail sales back on upward course in October after brief dip

    EconomyMacroeconomy

    After a short-lived drop of 0.9 percent in September, the turnover of Greece’s retail trade index.... On the flipside, department stores registered a double digit drop (10.7 percent), followed by food... change in turnover mainly reflects a drop in books, stationery and other goods by 12.4 percent, after

    3%
  2. Our most popular stories in 2014

    Agora

    , whilst the respective rate for inhabited houses larger than 100 sqm posted an annual drop of 3.6..., the next bracket including households with monthly income between 2,800 and 3,500 euros showed a drop... migrants exiting the country was the drop in the construction activity since more than half were employed

    3%
  3. Greek unemployment drops slightly to 25.8 pct in October on lower jobless
    Photo by MacroPolis

    EconomyMacroeconomy

    percent in September. The recorded drop in the October rate is mainly attributed to a 1.1 percent...) above that of men (23.1 percent). Despite an almost 7 pp drop YoY, youth unemployment (15-24 years.... Five years earlier it was at 27.5 percent. The YoY drop in the next two age groups (25-34 and 35-44

    3%
  4. General government cash surplus widens to 3.68 bln in November, arrears down by 502 mln

    EconomyMacroeconomy

    drop of 235 million. November figure of arrears is the lowest reading so far in 2014, with the peak of 5.34 billion posted in April. The bulk of the marked MoM change of 502 million stems from a drop.... The YtD drop stands at 23.1 billion and mainly reflects: 1) A reduction in the bank support scheme

    3%
  5. Greek time deposit rate down to 1.88 pct in November, lowest since euro entry

    EconomyMacroeconomy

    accessed 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

    3%
  6. Greek CPI dives 2.6 pct in December as deflation deepens to 1.3 pct in 2014

    EconomyMacroeconomy

    the 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

    3%
  7. Stronger rise of 4.1 pct for Greek industrial turnover in October

    EconomyMacroeconomy

    at 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

    3%
  8. Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
    Photo by MacroPolis

    Economy

    a 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

    3%
  9. Industrial turnover dips again in November after upswing in two previous months

    EconomyMacroeconomy

    pointing 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

    3%
  10. Greek retail turnover index down 1.6 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    categories 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

    3%