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In third straight month of decline, industrial turnover falls 4.9 pct in May
EconomyMacroeconomyfour months showed a double-digit drop over this period. In addition, the average index posted... percent in May. Nevertheless, the latter makes up only a fraction of the total turnover index, thus... a double-digit drop (-14.2 percent). The latter was almost equally split for the eurozone and non
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Greece returns to growth after long recession, GDP figures show
EconomyMacroeconomytime since Q1 2010 recording an increase of 0.7 percent YoY following a drop of circa 4 percent.... The revised historical figures showed that the largest drop in the third quarter economic activity was posted in 2010 with a decrease of 7.5 percent, followed by a drop of 6.7 percent in 2011 and 6.3
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Current account in surplus for 2nd straight month in June but down 20 pct on 2014
EconomyMacroeconomydigit drop in both exports and imports by 23 and 13.8 percent respectively. In absolute terms, goods... percent. The modest drop in the services’ surplus by 1.6 percent to 2.37 billion is largely due... billion up 27.6 percent YoY. This is primarily attributed to a worsening of the primary
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Current account balance shows a surplus for third straight month, at 2.09 bln in August
EconomyMacroeconomyGreece's current account (C/A) balance displayed a surplus of 2.09 billion in August 2015, up... 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
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Newsletter 79 - 24/06/2016
last year. The improvement largely reflects a decline in the goods deficit, attributed to a higher drop... the travel surplus down by 10 percent to almost 280 million. The negative movement stems from a drop... by 15.3 percent in April, which indicates the fourth straight double-digit drop and the 19th
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Apartment prices increase by 0.8 pct in Q2 for first rise since Q4 2008
EconomyMacroeconomyof 0.8 percent year-on-year (YoY) after a drop of 0.2 percent in Q1, Bank of Greece (BoG) data... to a fall of 0.3 percent in Q1. Properties up to five years old saw price increases of 0.9 percent... of 2017, the decline in property prices came to an average drop of 1 percent, improving against
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Industrial turnover drops by 2.9 pct in November
EconomyMacroeconomyto a revised drop of 14.3 percent in October, Hellenic Statistical Authority (ELSTAT) data published... a recovery compared to recent months. The performance was led by a 3.4 percent drop in the mining... in the domestic market fell by 5.3 percent. The drop in the domestic market was driven by a fall in manufacturing
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Industrial turnover drops by 2.4 pct in February
EconomyMacroeconomywith a revised drop of 12.3 percent in January. The reading is the 13th straight decline, but the smallest... by a 18 percent drop in the mining and quarrying index. The turnover index in manufacturing fell by 2.2.... Turnover in the non-domestic market increased by 2.3 percent, following a drop of 4.3 percent
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Retail sales and volumes show worrying signs, turnover down 3.8 pct in Feb
EconomyMacroeconomyGreece’s retail sales went deeper into contraction in February, with a drop of 3.8 percent year... in 2023 and this is the first back-to-back drop in over two years. On a monthly basis, the seasonally adjusted index increased by 0.7 percent, after a 5.3 percent drop in the previous month. The volume’s
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Industrial turnover index falls 8 pct in September, new orders also down
EconomyMacroeconomyeconomy. It is also noteworthy that on a twelve-month trailing basis both indices are recording a drop of 1.9 and 3.9 percent respectively. The drop in the industrial turnover in September reflects... was that of consumer non-durables (up 2.7 percent), while energy and consumer durables turnover recorded
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