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OECD forecasts unemployment increase into 2021
EconomyFeaturesThe OECD has released its employment outlook for 2020 in the context of the coronavirus crisis, highlighting the impact that the pandemic will have on the global job market. It showed that under the single hit scenario, Greece’s employment growth is set to fall by 3.5 percent this year and by 1
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Unemployment edges upward to 15.5 pct in April
EconomyMacroeconomyand came to 19 percent. The unemployment rate for men stood at 12.8 percent, equal to a fall of 1.5 pps
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Car sales drop by 24.7 pct in June and 33.1 pct in first 6 months
EconomyMacroeconomyfigure showing a fall of 18.4 percent. The increase in car sales in recent years have been driven
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Industrial production drops by 7.5 percent in May
EconomyMacroeconomyby a slower fall in production. The increases in output were largely linked to the reopening of factories
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Credit contraction in June comes to 0.4 pct
EconomyMacroeconomyCredit movement in the Greek private sector contracted by 0.4 percent in June after an increase of 0.7 percent in May, Bank of Greece (BoG) figures showed on Monday. The outstanding balance increased to 147.60 billion euros. The fall interrupts three consecutive rises in as many months. The net
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Newsletter 260 -31/07/2020
) revealed. The outstanding balance increased to 147.60 billion euros. The fall interrupts three consecutive
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Retail turnover drops by 5.3 pct in May, volume drops by 5.8 pct
EconomyMacroeconomydecrease was led by a fall in automotive fuel (-8.4 percent), followed by books, stationery and other
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Unemployment rate jumps to 17 pct in May
EconomyMacroeconomyto 21.8 percent. The unemployment rate for men stood at 13.3 percent, equal to a fall of 0.6 pps
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Industrial production down by 4.9 pct YoY in May but picks up from previous month
EconomyMacroeconomy. The fall in output reportedly stemmed from a solid decrease in new business. Some firms connected
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New data highlights pandemic impact on enterprises as turnover falls sharply
EconomyFeaturesactivity’, a fall of 67 percent was noted. The smallest decrease in turnover was recorded from the sector
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