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  1. Greek credit contracts by 2.4 pct in April for slowest drop since 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's credit contraction marginally decelerated to 2.4 percent in April from 2.5 percent in March, according to the Bank of Greece (BoG). The April headline figure is the slowest drop since... drop over this period was recorded in consumer credit (-26.6 percent) and the lowest in housing

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  2. Sharp drop in gg primary surplus by end-April, arrears keep rising
    Photo by MacroPolis

    EconomyMacroeconomy

    ). This reflects a 13.8 percent drop in revenues to 10.43 billion, more than offsetting a 4.2 percent... and extrabudgetary funds recorded a slight drop in their arrears by 6 and 8 million respectively. Since the beginning

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  3. Industrial production down by 4.5 pct in June for third monthly drop this year

    EconomyMacroeconomy

    and the highest drop since August 2014. All sub-indices recorded a decline in June with the biggest... in the 6-month period reflects a drop in mining and quarrying as well as in electricity production by 9.7 and 7

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  4. Industrial turnover records its sharpest drop in six years, down 15.4 pct in July

    EconomyMacroeconomy

    a much slower fall of 5.3 percent. The accelerated drop in July primarily reflects a similar change.... Four of the five main industrial groupings posted a drop with energy strongly underperforming

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  5. Economic sentiment rebounds in September after six-month drop

    EconomyMacroeconomy

    . The other four business indicators also recorded a sharp improvement in September, after a marked drop... drop by more than 30 points. The retail trade indicator recorded a marked rise by 11 points to -20

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  6. Industrial turnover dives 18.3 pct in Aug for highest drop in almost 5 years

    EconomyMacroeconomy

    - and the fifth this year - double-digit drop rate. It is also the highest negative reading since October 2009...) and other transport equipment (+34.3 percent). On the flipside, the biggest drop was posted

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  7. Retail sales drop at faster pace of 5.2 pct in Sept

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell at a faster pace by 5.2 percent in September following a drop by 3.8 percent in August, according to Hellenic Statistical Agency (ELSTAT) data...) reflecting a drop in automotive fuel by 13.4 percent as well as a decline in retail sale

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  8. Drop in disposable income accelerates to 3.3 percent in Q3

    EconomyMacroeconomy

    percent from 2.4 percent in Q2. The absolute figure of 13.9 billion euros in Q3 implies a sharp drop... by more than 10 billion euros, corresponding to a drop of 24.5 percent. Taxes on income and wealth

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  9. Retail sales drop at a faster pace of 5.5 pct in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell for the sixth straight month In November at an accelerating pace of 5.5 percent from a revised 3.6 percent drop in October, Hellenic Statistical... reflects a similar drop in household disposable income attributed to heightened unemployment

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  10. Drop in trade deficit accelerates to 14.3 pct in Dec on faster fall in imports
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    decrease in December stems from a higher drop in imports (-7.9 percent) compared to that of exports... in exports by 2.7 percent and a modest drop in imports by 1.6 percent. The aggregate figures

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