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Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln
EconomyMacroeconomyGreece's travel receipts rose by a mere 1 percent year on year (YoY) in December from 30.7 percent in November, according to the Bank of Greece (BoG). In absolute terms, travel receipts were up... a rise by more than 1 billion YoY. As already evident in previous months, the double-digit growth
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Turnover in tourism sector up 1 pct in Q1 for third straight quarterly rise
EconomyMacroeconomyThe Turnover Index in Accommodation and Food Services increased for the third straight quarter in the first quarter (Q1) of 2017, albeit at a slower pace of 1 percent from a downwardly revised growth... receipts are projected to rise by at least 1 billion and range between 14.2 to 14.5 billion in 2017
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Wages index improves 1 pct in Q1 but falls QoQ for second straight quarter
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index rebounded for the sixth successive quarter by 1 percent year on year (YoY) in the first quarter (Q1) of 2017 after edging up by 0.2 percent in the previous... and 14th salary bonuses. The non-seasonally adjusted (NSA) wages index also grew by 1 percent in Q1 after
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Building permits up by 1 pct in April and 5.2 pct in first four months of the year
EconomyMacroeconomyBuilding permits rose by 1 percent in April following a drop of 2.3 percent in March, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed. The latest monthly headline figure puts... quarter of 2009. For 2017 as a whole, the decline in property prices came to an average drop of 1
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CPI up by 1 pct in November
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 1 percent in November from a rise of 1.8 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Monday. After four years of deflation... (+2.3 percent) and hotel, cafés and restaurants (+1.2 percent). Smaller rises ranging between 1
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Retail turnover drops by 1.4 pct in August for sixth continuous decline, volume drops by 1 pct
EconomyMacroeconomyindex also fell by 1 percent after a revised decline of 2.8 percent. Compared to August 2019, the main... percent), followed by automotive fuel (-3.1 percent) and supermarkets (-1 percent). Increases were
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Industrial turnover continues to slide with 1 pct YoY drop in Aug
EconomyMacroeconomyGreece’s industrial turnover dropped further in August, with a decrease of 1 percent year-on-year (YoY), from a 1.8 percent drop in July, according to data released by the Hellenic Statistical... in the previous period. Manufacturing revenue dropped by 1 percent YoY, with the mining and quarrying rising
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IMF trims 1 point off 2022 growth, makes major revision to inflation forecast
EconomyMacroeconomyauthorities for this year, with growth in the region of 3-3.5 pct, average inflation at roughly 5 pct
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Record FDI flow into Greece raises bar, but is it sustainable?
EconomyFeatures, and set a new record since the Bank of Greece began publishing data in 2002. For the current year, the government has set the bar at 7-8 billion euros, with almost 5 billion already secured in H1, which...Greece has reported record flows of inward investment in 2021 and looks set to exceed the amount
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Lenders set out post-MoU reform tasks ahead for Athens
EconomyProgramme) programme, last Thursday’s Eurogroup also outlined the set of commitments that the Greek authorities will have to undertake so the complete set of reforms are successfully signed off. Additionally, two... unified pension fund (EFKA) is expected to be fully set up by mid-2020, while reforms in the health care
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