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  1. Trade deficit climbs for second straight month in May, rising by 12.5 pct
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    far 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

    3%

  2. Industrial production up again in May with 2.9 pct increase

    EconomyMacroeconomy

    compared 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

    3%

  3. Building activity decreases at slower pace of 5.3 pct in April

    EconomyMacroeconomy

    Greek 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

    3%

  4. Disposable income drops 1.8 pct in Q1 on rise in taxes and social contributions
    Photo by MacroPolis

    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

    3%

  5. Decline in retail sales accelerates to 8 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    a 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

    3%

  6. Eurosystem funding drops by another 4.3 bln in July, largely on reduced ELA reliance
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    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

    3%

  7. Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    on month, exceeding a drop of 13,600 in the previous month and reached 3.68 million in June. At the same... half of this drop, falling by 1 pp to 27.8 percent in June. The breakdown by age displayed lower rates for most age groups compared to last year. The most notable drop of 3.3 pp to 19.5 percent

    3%

  8. CPI drops by 0.9 pct in August

    EconomyMacroeconomy

    eased 0.1 percent, following a drop of 0.9 percent in the previous month. The movement in August... (+6.3 percent). The comparison with the previous month points to a slight drop of 0.3 percent in CPI, largely reflecting a drop in clothing and footwear prices by 6.2 percent attributed to the summer

    3%

  9. Eurosystem funding falls by another 4.4 bln in August
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    funding makes up 37.7 percent. The reduction in Eurosystem funding led to a similar drop in pledged... is the highest monthly drop since the upswing initiated in December 2014. The absolute figure landed... in circulation headed south for the fourth straight month in August with a cumulative drop of 2.39

    3%

  10. Unemployment rate falls to 23.1 pct in second quarter, lowest since Q2 2012
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    million and a drop in the number of unemployed by 68,000 to 1.11 million. It is worth noting... pace of 1.9 pp to 19.4 percent compared to the 0.6 pp drop to 27.6 percent among women. The breakdown... of long-term unemployed to total jobless edged up to 72.2 percent in Q2 after a marked drop to 70.3

    3%