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Wages rise by 7 pct, offset by 7.8 pct 12-month rolling CPI
EconomyMacroeconomyas of the end of May, with the number of registered employees in the Ergani database at 2.58 million, an increase of 5 pct compared to May last year, when employment had grown by 8 pct. Since May... workers. Gross earnings in May this year were up by 7 pct, largely incorporating the rise
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Growth in car sales peaks in December with rise of 69.3 pct
EconomyMacroeconomyto 8,867 in December from 5,237 last year and 7,716 a month earlier. Following December’s strong... that the strong rebound in 2014 mainly reflects increased rent-a-car fleets due to a strong tourism sector as well
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Travel surplus soars 57.2 pct in November on surging tourist arrivals
Economyarrivals remains at relatively low levels at 9,400. Arrivals from the UK also recorded a strong growth... tourist arrivals (+22.7 percent) to 21.5 million. Strong volumes were however mitigated by a decrease.... Although initial indications pointed to another strong tourism performance in 2015, the coalition
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Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln
EconomyMacroeconomy. However, strong volumes were counterbalanced by lower travel spending per trip (-9.4 percent... Russia dropped 7.6 percent mainly reflecting the strong negative growth rates in the August – October... at the main Greek airports remained strong in January increasing by 30.2 percent. SETE estimates
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Car sales in Greece up 26.8 pct in February
EconomyMacroeconomya moderate increase of 1.3 percent posted in 2013. However, despite the strong rebound, the 2014... decrease (above 30 percent per annum) in the 2010-2012 period. Market sources noted that the strong recovery in 2014 mainly reflected increased rent-a-Car fleets due to a strong tourism season as well
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Car sales soar 42.9 pct in July, also reflecting a low base effect
EconomyMacroeconomydisplayed on Monday. The strong double-digit growth in July largely reflects a low base effect... at 9,401 in July also indicating the lowest reading since March. Following the strong rebound in July..., on the back of the strong tourism, and replacement of old cars with new and cheaper to run diesel
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In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
Economyof 0.3 percent in 2016 and a strong rebound of 2.7 and 3.1 percent in 2017 and 2018 respectively... estimates involve persistence of the strong revenue collection as well as revenue administration..., mostly reflecting the improved fiscal outcome and strong GDP growth.
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Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
EconomyMacroeconomyexports, imports notably fell 10.2 percent QoQ in Q3 after a strong rise of 9.1 percent in the previous quarter. However, compared to the corresponding period a year ago imports posted a strong rebound... in the respective estimates for 2017. IMF has the most optimistic projection foreseeing a strong GDP rebound
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Newsletter 107 - 17/02/2017
of recovery and is expected to record a strong GDP rebound as of 2017, which is contingent, however..., compared to a previous estimate for a mild recession of 0.3 percent in early November, and a strong... of the adopted measures voted last year, while noting that the strong revenue performance in 2016 “implies
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BoG sees chance of normality returning if review concludes swiftly
EconomyMacroeconomyretains its previous forecast for a strong rebound of 2.5 percent in 2017 driven by an upward trend... on the fiscal performance relate to uncertainties about the carry-over effect of the strong revenue.... For the domestic economy to move from recovery to sustainable, strong growth the BoG stresses that a number
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