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  1. Newsletter 79 - 24/06/2016

    Newsletters

    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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  2. Apartment prices increase by 0.8 pct in Q2 for first rise since Q4 2008
    Image by MacroPolis

    EconomyMacroeconomy

    of 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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  3. 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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  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. Retail sales and volumes show worrying signs, turnover down 3.8 pct in Feb

    EconomyMacroeconomy

    Greece’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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  6. Newsletter 78 - 17/06/2016

    Newsletters

    percentage points in the course of last year to reach 44.2 percent at the end of 2015, up from 39.9 percent at the end of 2014. Based on preliminary figures, the NPE ratio edged up to 45.2 percent... period showed a primary surplus of 2.27 billion, up by more than 50 percent from last year

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  7. Industrial turnover index falls 8 pct in September, new orders also down

    EconomyMacroeconomy

    economy. 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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  8. A macroeconomic assessment of the Cypriot economy after the haircut
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    anticipated drop in consumption and GDP as the impact of reduced nominal salaries on consumption has... is a temporary rather than a permanent drop in income, and because they do not consider bank deposits... picked up by the Cypriot government. On the other hand, the Cypriot government’s attempt to defend

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  9. Majority of services sectors still see contraction in turnover in Q1 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    ). The highest drop was recorded in architectural and engineering activities (down 27.2 percent), cleaning...). It is noteworthy that the same activities had also posted a double-digit drop in the corresponding period last year... 2014, namely computer programming, consultancy and related activities (up 18.9 percent) and other

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  10. Greek trade deficit rises further in April as exports fall by 20.8 pct

    EconomyMacroeconomy

    (ELSTAT). April’s performance led the 4-month trade deficit up 6.8 percent to 7.11 billion. The double-digit growth posted in March reflects a drop of imports by 7.5 percent and a higher decrease... products, April imports and exports exhibit a slower drop of 3.8 and 12.4 percent respectively

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