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Jan economic sentiment at 99.6 as consumer confidence posts best reading since 2009
EconomyMacroeconomyGreece’s economic sentiment (ESI) was down by 1.3 points to 99.6 in January compared to a reading of 100.9 points in December 2018, European Commission (EC) figures revealed on Wednesday. The EC... in January from 11.4 points in December, marking the first negative reading since January 2017. Year
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PMI at 53.7 in Jan as manufacturers remain confident for year ahead
EconomyMacroeconomyGreece’s manufacturing PMI edged down slight to 53.7 points in January from 53.8 points in December, staying over the 50-mark threshold for 20 consecutive months. Markit noted that despite the drop... last year. New business remained steady, and new orders grew at the rate noted in December. Both
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Unemployment rate at 18.5 pct in Nov as jobless drop below 900,000
EconomyMacroeconomythe Labour Ministry’s Ergani database for December showed that there were 5,970 more hirings than departures. Compared to December 2017, there were 9,345 more departures than hirings. Total hirings came
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Trade deficit up by 5.1 pct in Jan as imports rise, exports edge down
EconomyMacroeconomyGreece’s trade deficit increased by 9 percent year-on-year (YoY) in January, accelerating from the 5.1 percent rise seen in December, data from the Hellenic Statistical Authority (ELSTAT) showed on Friday. January’s deficit stood at 2.16 billion euros, from 1.70 billion euros in December. Imports
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Building permits down by 7.5 pct in Dec but up by 10.3 pct during 2018
EconomyMacroeconomyBuilding permits decreased by 7.5 percent year-on-year (YoY) in December, dropping from a rise of 18 percent noted in November, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed...), and mainland Greece (-30.5 percent). The three largest increases in December were seen in Thessalia
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Newsletter 198 -15/03/2019
serviced for three months by December 31 should have to go through the new framework, which...-on-year (YoY) in December, dropping from a rise of 18 percent noted in November according to ELSTAT data
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Industrial turnover down by 7.6 pct in January
EconomyMacroeconomyGreece’s industrial turnover fell by 7.6 percent year-on-year (YoY) in January, deepening from a fall of 0.9 percent seen in December, Hellenic Statistical Authority (ELSTAT) data published... December, the index had remained positive. The 12-month trailing index grew by 9.4 percent
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January current account deficit at 1.18 bln as underlying components deteriorate
EconomyMacroeconomyGreece’s current account (C/A) balance recorded a deficit of 1.18 billion in January, deepening from December’s deficit of 1.51 billion, Bank of Greece (BoG) figures showed on Thursday...-on-month to 6.59 billion euros in January from 6.63 billion in December. Compared to January 2017
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Retail turnover falls by 2.3 pct in Jan
EconomyMacroeconomyGreece’s retail sales index declined by 2.3 percent in January after a downward revised fall of 0.2 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Friday. January’s... in December. In 2018, the average volume index came to 1.5 percent. Compared to January 2018, the main
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EC report analyses state of play with privatisations as HELPE hits obstacle
EconomyFeaturesin revenues for December, including privatisation revenue shortfall, was related to 1.12 billion euros..., which had been moved to January 2019 after originally being targeted for December.
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