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Apartment prices fall at slightly slower pace of 5 percent in Q1
EconomyMacroeconomyThe drop in Greek apartment prices slightly decelerated for the second straight quarter in Q1, when... percent. Over this 7-year period the biggest drop of 11.7 percent was posted in 2012 and the lowest of 3.7 percent in 2009. Meanwhile, housing loans display a cumulative drop of 17.3 percent since
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CPI falls at decelerating pace of 0.9 pct in May
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell at a slower pace of 0.9 percent in May from a drop of 1.3... the change in the core index was zero in May, resulting from a 1.8 percent drop in the goods’ index... month, CPI fell by 0.4 percent, largely due to a drop in clothing and footwear prices by 9 percent
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Newsletter 77 - 10/06/2016
. The consumer prices index (CPI) continued to drop, albeit at a slower rate of 0.9 percent in May. Greece has... and a drop in exports by 3.8 percent. For the 4-month period, the trade deficit was up by 1.4 percent on the back of a higher drop in exports (-7.5 percent) compared to that of imports (-3.7 percent
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Building activity falls by 11.5 pct in March for third straight decline
EconomyMacroeconomyto the drop of 12.2 percent recorded in February, Hellenic Statistical Authority (ELSTAT) figures showed... percent drop in permits, while the corresponding surface and volume fell by 20.1 and 13.1 percent... to a further drop of 5 percent in 2016 and 1 percent in 2017. In addition, housing loan balances have
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Trade deficit climbs for second straight month in May, rising by 12.5 pct
EconomyMacroeconomyfar this year and reflects a 12.4 percent drop in exports, while imports also retreated by 3.3 percent. It is worth pointing out that exports fell for the 13th successive month, while the drop rate... deficit increased by 3.9 percent to 8.07 billion due to a sharper drop in exports (-8.5 percent to 9.87
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Industrial production up again in May with 2.9 pct increase
EconomyMacroeconomycompared to a sharp drop of 4.3 percent in May 2015, ELSTAT data showed on Monday. On a month on month basis, May recorded a drop of 1.9 percent compared to April. In the year to date, industrial..., the drop in electricity production has reached 3.3 percent and water supply is 1.8 percent lower. Only
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Building activity decreases at slower pace of 5.3 pct in April
EconomyMacroeconomyGreek building permits fell by 5.3 percent in April after an 11.5 percent drop in March, Hellenic... surface and volume posted higher drop rates of 17.9 and 16.3 percent respectively. Building permits..., which are indirectly linked to building activity, have posted a cumulative drop of 41.6 percent
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Disposable income drops 1.8 pct in Q1 on rise in taxes and social contributions
EconomyMacroeconomy, disposable income landed at 26.38 billion euros in Q1 down by 475 million from last year. The drop..., with an 18.1 percent drop in Q1 extending the losses over the past six years to 34.5 percent. Household... a remarkable drop by 10.8 percent in Q4. Over the last six years, taxes have dropped by 8 percent
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Decline in retail sales accelerates to 8 pct in May
EconomyMacroeconomya revised 4.4 percent drop in April, according to data released by ELSTAT on Friday. The volume index recorded a drop of 6.4 percent compared to the same period last year, from 2 percent... behind the 16.7 percent drop in automotive fuels. Compared to April, the seasonally adjusted turnover
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Eurosystem funding drops by another 4.3 bln in July, largely on reduced ELA reliance
EconomyMacroeconomy, when it decreased by 4.3 billion in July after a drop of 8.57 billion in June, the Bank of Greece's... month by 2.93 billion euros to 51.45 billion coupled along with a drop in the ECB funding by 1.38... at the end of June 2015. The bulk of that drop stemmed from ELA funding, down by 35.32 billion
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