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  1. Newsletter 66 - 11/03/2016

    Newsletters

    2012. Consumer prices drop The Consumer Price Index (CPI) fell by 0.5 percent in February after a 0.7 percent drop in January. However, the harmonised index of consumer prices (HICP) rose by 0.1 percent in February, which is the second positive reading in the last three months. The drop in February’s

    3%
  2. Current account deficit jumps to 742 mln in January

    EconomyMacroeconomy

    in the C/A balance by 461 million euros year on year (YoY) largely reflects a sharp drop...’ deficit mostly stems from a higher drop in imports (-14.3 percent) compared to that of exports (-9.4... to 161.1 million euros on the back of a 7.8 percent drop in non-residents’ arrivals by 9.3 percent

    3%
  3. Greece’s dramatic year reflected in ATHEX 2015 results
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    the year, the extended bank holiday and capital controls which contributed to a 23.6 percent drop in the Athens Exchange General Index, a 39.4 percent drop in trading by value, and a 36.9 percent drop

    3%
  4. Wages index edges up 0.4 pct in Q4 of 2015

    EconomyMacroeconomy

    after a revised drop of 0.5 percent in Q3, according to Hellenic Statistical Authority (ELSTAT... has dropped by 26.5 percent. For the private sector, the notable drop over this 5-year period...) and administrative and support service activities (+11.6 percent). In contrast, three sectors showed a drop

    3%
  5. Newsletter 69 - 08/04/2016

    Newsletters

    drop in the number of refugees and migrants reaching Greece last week, with less than 100 arrivals one.... The January rise reflects a drop in the number of employed to 3.61 million and an increase... in February following an increase in imports by 1.9 percent and a drop of 7 percent in exports, which have

    3%
  6. Current account deficit narrows by 45 pct to 804.3 mln in Feb

    EconomyMacroeconomy

    that the drop in the goods’ deficit is attributed to a higher decrease in imports (-7.8 percent) compared... to 133.7 million largely due to a double-digit drop in non-residents’ arrivals by 14.9 percent...-residents’ arrivals by 11 percent. However, the higher drop in the corresponding payments resulted

    3%
  7. Newsletter 71 - 22/04/2016

    Newsletters

    be in line with the government figure for this year and gradually drop to the IMF proposal by 2018... a double-digit decline in the last nine months. February’s nosedive came following a drop of 15.4... by a 13.5 percent decline in capital goods. Manufacturing turnover saw a drop of 15.4 percent. 2

    3%
  8. Disposable income edges up by 0.2 pct in Q4 on second straight rise in compensation of employees
    Photo by MacroPolis

    EconomyMacroeconomy

    from a revised drop of 2.8 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed... or 35.5 percent over the last six years attributed to the direct and indirect impact from a sharp drop... implying a drop in excess of 26 percent. The fall in taxes on income and wealth notably accelerated

    3%
  9. PMI edges up to 49.7 in Apr, highest reading in last three months but concerns remain

    EconomyMacroeconomy

    in the Greek manufacturing sector is mostly attributed to a further drop in incoming new orders, while... new orders, while the rate of drop was the sharpest in the last six months. However, job creation... a downward trend for almost 7.5 years, yet the rate of drop was the weakest in the last 28 months. Factory

    3%
  10. Corporate lending rates fell in March, time deposit rate slightly down to a new low of 0.88 pct

    EconomyMacroeconomy

    in March was a sharp drop by 90 bps in loans for amounts over 1 million euros to 3.93 percent from.... The changes in the various lending segments led to a notable drop of 26 bps in the weighted average rate on new loans to a new low of 4.65 percent. Overall, the marked drop in lending rates

    3%