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National Bank posts net loss of 1.1 bln in Q4
EconomyBankingmainly related to recalibration of the bank’s impairment model (970 million) and recoverability... income (PPI) fell 12 percent quarter on quarter (QoQ) to 363 million in Q4 reflecting a 2 percent drop... was slashed by 12 percent mainly attributed to a double digit drop in personnel (-14 percent) and general
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Newsletter 95 - 11/11/2016
reflects a drop in the number of employed by 7,000 to 3.36 million, coupled with an increase... in October, after a decline by 1 percent in September. The slight drop is mostly attributed... is the lowest reading since December 2014. The monthly drop reflects a decrease in both the ECB
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Newsletter 439 - 01/11/2024
a particular model of having attracted global technology companies and high value-added sectors like... staff.MacroeconomyCharts of the weekSentiment Greece’s economic sentiment recorded a drop of over 3 points month-on-month... years. The drop in sentiment was led by retail, which fell sharply by 8 points MoM and construction
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Drop in CPI eased in Feb but Greece still firmly in deflation territory
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) slowed further in February to 1.1 percent from 1.5..., the CPI eased 1.3 percent mainly on the back of an 18.8 percent drop in clothing and footwear prices... by deflation most. The showed a drop in prices ranging from 3.4 to 4.1 percent. The second group
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Another big drop for building activity, which fell by 35.3 pct in January
EconomyMacroeconomyin January retreating by 35.3 percent, following a 29.6 percent drop in December, according... Ellada and South Aegean recorded the slowest decline at 20 percent. The rate of drop in the Attica... of building permits in 2013 stood at just 16,400 from 65,500 in 2008, implying a 75 percent drop
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Drop in Greek retail sales accelerates to 3.4 pct in March
EconomyMacroeconomyand department stores exhibited a double digit drop, at -15.8 and -14.3 percent respectively... reading of 71.2 in March indicates a cumulative drop of 37.2 percent over the past six years weighed... to monitor any potential positive impact on retail trade figures. In contrast to the recorded drop
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Bigger drop for Greek industrial production, which fell by 5.7 pct in August
EconomyMacroeconomydrop in July, according to the Hellenic Statistical Authority (ELSTAT). August’s is the seventh... of the four sub-indices posted a drop in August with electricity production (down 18.1 percent), mining... period, industrial production fell by 2.8 percent, mainly due to a double-digit drop in electricity
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Industrial production falls by 5.1 pct in September for seventh straight drop
EconomyMacroeconomy), mainly reflecting a double-digit drop in electricity production by 13.4 percent. In contrast, the other... and quarrying as well as manufacturing production displayed a marginal drop of 0.1 and 0.4 percent... movement. Capital goods recorded the highest drop (-15.1 percent), followed by energy (-6.4 percent
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Greek industrial turnover posts rise of 1.8 pct in September after earlier drop
EconomyMacroeconomypercent drop in August, according to the Hellenic Statistical Authority (ELSTAT). Note that historical..., capital goods and consumer non-durables recorded a drop of 5.6, 3.3 and 0.7 percent respectively...) and basic metals (+9.8 percent). On the flipside, four sectors recorded a double-digit drop. Turnover
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Greek CPI falls 2.8 pct in Jan for second largest drop since 2001
EconomyMacroeconomyThe drop in Greek consumer price index (CPI) accelerated for the second straight month to 2.8... in deflation for 23 successive months (since March 2013). The highest drop in CPI was recorded in November... stayed stable. In contrast, the highest drop was posted in housing (-8 percent) followed
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