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  1. Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
    Photo by MacroPolis

    EconomyMacroeconomy

    on quarter (QoQ) in the second quarter (Q2) of 2016 after a revised drop of 0.2 percent in Q1, the Hellenic... decelerating from the 0.3 percent drop in Q1. However, compared to the corresponding period last year..., after a drop of 6.6 percent in Q1, and climbing by 7 percent YoY in Q2 from a 2.5 percent decline

    18%

  2. Industrial turnover on downward trend again after 2.8 pct drop in Oct

    EconomyMacroeconomy

    . The recorded drop in October compares with a very low reading in the corresponding period last year, when... in October is entirely attributed to a drop of 3.2 percent in manufacturing turnover, while mining... performance was more than offset by a drop in consumer non-durables (-8.3 percent) and intermediate goods

    18%

  3. General govt primary cash surplus improves to 6.4 bln by Nov, arrears drop to 5.6 bln

    EconomyMacroeconomy

    at a slower pace of 595 million to 17.94 billion. This solid performance was mitigated by a drop... the previous month, which is the sharpest drop in 2016. The outstanding amount landed at 5.6... drop in arrears by around 400 million largely reflects a decline in social security funds (-392 million

    18%

  4. Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016

    EconomyMacroeconomy

    . The headline figure for Q4 is the slowest drop rate since Q1 2009, when the apartment prices index... of 41.7 percent until the end of 2016. The biggest annual drop was recorded in 2012 (-11.7 percent..., pointed to a drop in housing prices by 5 percent in 2016 and by another 1 percent in 2017.

    18%

  5. Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    million, leading travel surplus down by 60.6 percent to 15.3 million. The revenue drop is fully due... to 13.22 billion euros. This is entirely attributed to a drop in the average spending per trip by 11.3... receipts in 2016 also reflect a drop in the average residence time from 10.7 to 7.8 days and last

    18%

  6. Marginal drop in time deposit rate, sharp decline in corporate lending rates in Feb
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    average rate of 0.43 percent. The slight drop in the time deposit rate led the weighted average rate... The floating interest rate in new corporate loans recorded a sharp drop of 72 bps, mostly reflecting... loans down by 34 bps to 4.52 percent, which indicates a record low since 2002. Overall, the marked drop

    18%

  7. E-commerce businesses report drop in sales due to Covid-19
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    prompted a sharp drop in online sales according to a new survey. The Greek E-commerce Association (GRECA... a drop in sales, the fall came to over 80 percent compared to the period before the epidemic. Sixty seven percent reported a drop in demand, 64 percent said they were having liquidity or financing

    18%

  8. Car sales drop by 50.8 pct in March
    Photo by MacroPolis

    EconomyMacroeconomy

    showed on Thursday. In March 2019, the year-on-year change showed a drop of 9.5 percent. Car sales..., registering a drop of 19.2 percent. Passenger car sales fell by 12.1 percent in the aggregate period..., the sharp drop in vehicle purchases noted in March is indicative of a general slowdown which

    18%

  9. Car sales drop by 49.1 pct in May and 34.9 pct in first 5 months
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , softening compared to a sharper drop of 80.6 percent in April, Hellenic Statistical Authority (ELSTAT) data..., registering a drop of 45.1 percent. Passenger car sales fell by 37.3 percent in the aggregate period..., the sharp drop in vehicle purchases noted from March onwards is indicative of a general slowdown

    18%

  10. Car sales drop by 24.7 pct in June and 33.1 pct in first 6 months
    Photo by MacroPolis

    EconomyMacroeconomy

    , softening compared to a sharper drop of 49.1 percent in May, Hellenic Statistical Authority (ELSTAT) data..., registering a drop of 43.6 percent. Passenger car sales fell by 35.5 percent in the aggregate period..., the sharp drop in vehicle purchases noted from March onwards is indicative of a general slowdown

    18%