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Trade deficit falls by 30 pct in October as imports and exports remain slow
EconomyMacroeconomyGreece’s trade deficit fell by 30 percent year-on-year (YoY) in October compared to a drop of 24 percent in September, data from the Hellenic Statistical Authority (ELSTAT) released on Monday showed... a drop of 16.9 percent YoY. At the same time, exports totalled 2.68 billion euros, recording a drop
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Industrial production drops by 3.7 percent in Oct
EconomyMacroeconomy. The annual movement in the index was driven largely by a 7.2 percent drop in the electricity supply.... The aggregate decline was driven by an 8 percent drop in the electricity supply index, followed by the mining... the fastest since data collection began in May 1999. The decline stemmed from a notable drop in new
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Car sales drops by 12.5 pct in November, declining by nearly 25 pct in aggregate
EconomyMacroeconomycompared to a drop of by 17.6 percent in October, Hellenic Statistical Authority (ELSTAT) data showed..., registering a drop of 30 percent. Passenger car sales fell by 27 percent in the aggregate period... with the tourism industry. However, the sharp drop in vehicle purchases noted from March onwards is indicative
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Trade deficit falls by 18 pct in November
EconomyMacroeconomyGreece’s trade deficit fell by 18 percent year-on-year (YoY) in November compared to a drop of 30 percent in October, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed... a drop of 9.4 percent YoY. At the same time, exports totalled 2.63 billion euros, recording a drop
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Retail turnover drops by 12.3 pct and volume by 11 pct in December
EconomyMacroeconomyGreece’s retail sales index decreased by 12.3 percent in December following a revised drop of 8.5... was the biggest decrease since April’s drop of 24.5 percent, and shows the impact of Greece’s... by a drop of 27.8 percent in automotive fuel. This was followed by books, stationery and other goods (-26.9
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Labour market developments in Greece during Covid-19
Agora. The summer in Greece is tourist season and employment tends to rise and unemployment tends to drop... growth, is that unemployed people may drop out of the labour market for recession-related reasons... spurt of more people coming into the labour market as economic activity started to drop. This, too
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Apartment prices rise by 2.6 pct in Q4, increase 4.2 pct in 2020
EconomyMacroeconomydouble-digit drop of -10.9 percent in 2013. The sharpest quarterly rate of decline was seen in Q4 2012, when apartment prices showed a YoY drop of 12.8 percent. Since Q1 2018, apartment prices have... a drop of 4.9 percent seen in October. The total number of permits came to 1,585
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Newsletter 288 - 12/03/2021
drop surpassing the previous lowest reading of -2.2 percent seen in July 2015. The data showed... largely by a 10.8 percent rise in the electricity supply index. Building permits drop by 0.7 pct... and the Ionian islands. Building permits fell by 0.7 percent year-on-year (YoY) in December after a drop
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Travel balance falls by 89.3 pct in February
EconomyMacroeconomya rise of 5.8 percent to 112.2 million euros. For euro-denominated countries, receipts showed a drop... in the current aggregate period compared to last year. Payments also recorded a drop of 88.3... versus 353.10 euros for the same period last year. In total, arrivals showed a drop of 87.9 percent
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Retail turnover drops by 3 pct and volume by 0.9 pct in March
EconomyMacroeconomyGreece’s retail sales index decreased by 3 percent in March following a revised drop of 4 percent..., stationery and other goods (+2.8 percent). The annual volume decrease was led by a 10.6 percent drop in supermarkets, followed by a 10.3 percent drop in automotive fuels. Furniture, electrical
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