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  1. ELSTAT survey finds 2013 household budgets devastated, inequality persists
    Photo by Harry van Versendaal

    Society

    expenditure by sub-categories revealed that the highest YoY drop in 2013 was posted in liquid fuels (-17.56... drop. On the flipside, expenditure for medicines (+5.11 euros), cafes (+3.68 euros) and tobacco (+3.4... consumption showed a slight increase of 1.2 percent and natural gas a drop of 3.2 percent. In addition

    3%
  2. Slight uptick in October for Greek PMI, which remains in contraction

    EconomyMacroeconomy

    decreased in October with production posting a drop, albeit marginal, for the third time in the last... to September. The survey also indicated a sharp drop in stocks of purchases, while stocks of finished... and a further drop in manufacturers’ charges. The movement in purchase prices reversed a marginal drop

    3%
  3. Greek industrial production drops for eighth straight month but at slower rate

    EconomyMacroeconomy

    in October, when it fell at a slower pace of 0.7 percent after a downward revised 4.9 percent drop... for the 10-month period displayed the drop in industrial production slightly decelerated to 3.1 percent, from 3.4 percent in the 9-month period, mainly reflecting a continued double-digit drop in electricity

    3%
  4. Greek trade deficit drops by larger rate of 27.2 pct in Feb

    EconomyMacroeconomy

    attributed to a 14.6 percent drop in imports, while exports showed a much slower decline at -2.7... lower than the 16.3 percent drop recorded in January. In absolute terms, imports amounted to 3.45... percent, while imports retreated by 6.7 percent resulting in a slower drop of trade deficit to -22 percent

    3%
  5. Unemployment rate eases to 25.4 pct in Feb, as number of unemployed falls
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    percent in February from 1.2 percent in January and an increased rate of drop in the number of jobless... percent in February. The jobless rate among women showed a slower drop by 1.6 pp YoY to 29.1 percent... (25-34 years) and (35-44 years) also showed a marked drop by almost 5 pp to 31.3 percent and by 2.5 pp

    3%
  6. Greek deposit rate almost stable, loan rate slightly up in May

    EconomyMacroeconomy

    the respective rate in comparable countries like Spain, Portugal and Italy. The marginal drop... in May. On corporate lending, there were two marked movements: 1) A drop by 30 bps in loans for amounts... in loans for amounts up to 250,000 euros to 6.11 percent, following a drop by 49 bps in April

    3%
  7. Unemployment rate edged up to 25.2 pct in June

    EconomyMacroeconomy

    of employed more than offsetting a marginal drop in the number of unemployed. In particular, the improving... was reversed with June indicating a 1.2 percent month on month (MoM) drop vis-à-vis a rise by 1.9... reading since May 2012. Despite the MoM drop in the first half of the year, the number of unemployed

    3%
  8. Newsletter 47 - 16/10/2015

    Newsletters

    (+0.1 percent), more than offsetting a sharp drop in investments (-10.6 percent). The provisional... October. The breakdown showed a drop in private consumption by 1.6 percent in 2015, exports by 1.5..., on the back of a drop in private consumption by 1.5 to 2 percent, a slight rise in public consumption

    3%
  9. Current account balance shows a surplus for third straight month, at 2.09 bln in August

    EconomyMacroeconomy

    stems from a drop in the goods’ (by 268 million) and primary income (by 109 million) deficits more... account deficit deteriorated by a mere 2.3 million. The breakdown displayed the double digit drop... in the services surplus by 293 million. On the goods’ front, the marked drop in the respective deficit

    3%
  10. Current account surplus widens to 838 mln in Sept on shrinking goods deficit

    EconomyMacroeconomy

    a higher drop in imports (-22.8 percent) compared to that of exports (-14.7 percent) amid capital... of 22.2 percent in the goods deficit in the 9-month period is attributed to a larger drop... in the 9-month period largely reflects a drop in net transport receipts, while travel receipts improved

    3%