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  1. Industrial turnover drops by 2.9 pct in November
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    to 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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  2. Newsletter 284 - 12/02/2021

    Newsletters

    of this month, according to Ta Nea. 2 EC sees big drop for economy in 2020 Expects milder recovery of 3.5 pct... was forecast at 5 pct Unemployment drops to 16.2 pct in November Drop in number of unemployed... largely by a 17.6 percent rise in electricity supply. Car sales drop by 28.5 percent in January

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  3. Company closures dropped sharply during the pandemic
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    in the jobs market, where monthly figures from the Labour Ministry’s Ergani database show a huge drop in both... in the number of closures to 158. The biggest drop was in information and communication, where there were 40.3 percent fewer closures, and construction, where the drop was 32.8 percent. There were

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  4. Industrial turnover drops by 2.4 pct in February
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    with 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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  5. Reflecting base effects, foreign market and manufacturing drive industrial turnover down sharply in May
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent year-on-year (YoY), from an upwards revised drop of 7.6 percent in April, according to data... recorded drop since early 2021. April was the first negative reading since February 2021. The index has.... In the non-domestic market, the decrease was driven by a 23.8 percent drop in manufacturing. Mining

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  6. Retail sales grow by 3.1 pct in Jul, as food sales continue to contract
    Photo by MacroPolis

    EconomyMacroeconomy

    -on-year (YoY), after a drop of 1.3 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index recorded a drop of 3.4 percent. Sales volumes have been... index increased by 3.1 percent, after a 2.6 percent drop in the previous month. The volume’s

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  7. Industrial turnover drops by 2.1 pct YoY in Oct due to foreign markets and manufacturing
    Photo via https://flic.kr/p/29HRurs

    EconomyMacroeconomy

    annual drop, something not seen since early 2021. April was the first negative reading since February..., while the non-domestic market was down by 10.3 percent. In the domestic market, the drop in October.... In the non-domestic market, the decrease was driven by a 11.4 percent drop in manufacturing. Mining

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  8. Newsletter 458 - 04/04/2025

    Newsletters

    expensive in the US, leading only to a marginal drop of GDP by 0.05 pct, while when second-round effects... Retail sales grew by 2.5 pct year-on-year (YoY) in January, after a sharp drop of 5 pct in the previous... of 8.2 pct. Unemployment Greek unemployment continued to drop with a rate of 8.6 pct in February, from

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  9. Building activity collapses by 41.3 pct YoY in Mar due to uncertainty over construction code
    Image: MacroPolis

    EconomyMacroeconomy

    Building activity tumbled in March with a collapse of 41.3 percent year-on-year, after a sharp drop... dropped by 43.3 percent. On a regional basis, the picture was all negative, with the biggest drop recorded in Ipeiros in north western Greece with 70.9 percent, while Attica also recorded a sharp drop

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  10. Building activity continues to slide in Apr, 4M permits down 26 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    Building activity continued its slide in April with a drop of 17.3 percent year-on-year, after..., with the biggest drop recorded in Western Macedonia with 47.2 percent, while Attica also recorded a sharp drop of 26.5 percent. The domestic construction market has gone essentially on hold since a recent

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