Search
-
Trade deficit narrows by 14.9 pct in June despite sharp exports drop
EconomyMacroeconomywas down by 10.7 percent, at 11.87 billion euros. Year to date, imports from EU countries were up by 3.1 percent to 20.16 billion euros, while imports from non-EU markets were down by 16.3 percent... exports were down by 10.1 percent at 10.68 billion euros.
5% -
Drop in industrial turnover accelerates in June, falling by 17.2 pct YoY
EconomyMacroeconomyeffects in this year’s numbers. Manufacturing revenue was down by 17.4 percent, with the mining... in the domestic market decreased by 13.3 percent, while the non-domestic market was down by 23.8 percent... was up by 3.7 percent while the foreign markets were down 2.3 percent. Greece’s Manufacturing PMI
5% -
Economic sentiment improves marginally in Aug, consumer confidence takes 7-point tumble
EconomyMacroeconomypoints of September 2022. The EU average ESI stood at 92.9 points in August, down from the 93.5 points of the previous month. The euro area’s ESI was 93.3 points, also down from the 94.5 points of July... at -7.8 points, down by 0.7 points from the previous month, negative for three straight months. Now
5% -
Retails sales contract 1 pct in June, volumes fall as food dips by 6.2 pct YoY
EconomyMacroeconomypercent rise in the previous month. The volume’s monthly movement was down by 3.8 percent. Compared to May 2023, automotive fuel was down by 19.5 percent, non-food was up by 2.6 percent and food sales..., with fuels up by 2.5 percent, a 6.2 percent drop in foods and non-food down by 3.6 percent. According
5% -
July trade deficit drops by 21 pct, 7-month data points to export struggles
EconomyMacroeconomy, the aggregate deficit was down by 9.5 percent, at 13.9 billion euros. Year to date, imports from EU countries were up by 3.4 percent to 23.52 billion euros, while imports from non-EU markets were down by 18.8..., and non-EU exports were down by 10.8 percent at 12.63 billion euros.
5% -
Industrial turnover drops by 10.2 pct in Jul, driven by foreign markets and manufacturing
EconomyMacroeconomybase effects in this year’s numbers. Manufacturing revenue was down by 10.3 percent, with the mining.... Revenue in the domestic market decreased by 3.8 percent, while the non-domestic market was down... by increases of 6.7 percent in manufacturing and mining and quarrying down by 30.4 percent. Monthly
5% -
Trade deficit continues to shrink in Aug despite exports losing momentum
EconomyMacroeconomy, the aggregate deficit was down by 6.8 percent, at 16.24 billion euros. Year to date, imports from EU countries were up by 3.7 percent to 26.61 billion euros, while imports from non-EU markets were down... billion euros, and non-EU exports were down by 12.2 percent at 14.23 billion euros.
5% -
Inflation boosts retail sales growth to 2.4 pct in Aug, volumes continue to slide
EconomyMacroeconomymonthly movement was up by 0.2 percent. Compared to August 2022, automotive fuel was down by 7.3 percent.... The inflationary effects are reflected in volumes, with fuels down by 3.2 percent, a 0.7 percent drop... marginally to -44.7 points in October. Retail trade dropped sharply by almost 13 points to 15.8, down
5% -
Trade deficit to Sep drops by 18.1 pct, exports struggle with 6.4 pct decrease
EconomyMacroeconomythe value of oil products and ships, the aggregate deficit was down by 6 percent, at 18.63 billion... imports from non-EU markets were down by 21.3 percent at 30.68 billion euros. Exports to EU countries decreased 1.4 percent to 21.9 billion euros, and non-EU exports were down by 12.4 percent at 16.13
5% -
Greece - Some structural macroeconomic arithmetic
Agora. After strength, it may be expected to slow down. It is the average trend over the ups and downs... that average labor productivity growth has been slowing down over the decades to below 1 percent...), and the demographic cycle (40-50 years up and down respectively). Greece is currently benefiting from
5%