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  1. Retail sales rise in July for second straight month - not seen since 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    the highest drop in 7-month retail turnover, followed by food, beverages and tobacco (down 6.3 percent... 5 years, with furniture, electrical and household equipment exhibiting by far the sharpest drop... it recorded a cumulative drop of 8 points since then. The retail trade confidence fell by more than 9

    3%

  2. Deflation rises again in Greece: CPI down by 0.8 pct in September

    EconomyMacroeconomy

    and footwear prices recorded a sharp rise of 35.6 percent MoM in August, following a double-digit drop in each... (down 2.4 percent). A more moderate drop in prices was displayed in recreation and culture (-2... deflationary year in 2014, with the CPI expected to drop by 0.8 percent. This follows a decline of 0.9 percent

    3%

  3. Greek industry's turnover index on the slide again in August after previous rises

    Economy

    . In addition, the average index over the trailing 12 months is down by 4.8 percent. The drop in August.... In contrast, the respective figure for the non-domestic market posted a double-digit drop (-10.3 percent... percent), while for the non-euroarea countries the drop was slower at -9.5 percent. All main industrial

    3%

  4. National Bank posts 9-month profits of 1.18 bln
    Photo by MacroPolis

    EconomyBanking

    by a modest 1 percent QoQ. The yearly drop mainly stems from a double-digit decrease in personnel... percent more than offsetting a drop in state deposits by 26 percent. As a result, loan to deposit ratio... peers. After a significant drop particularly in Q2 by 7 billion, Eurosystem funding eased by only

    3%

  5. Greek deflation shoots up to 1.7 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    to September mainly reflecting a drop in housing (-4.6 percent), health (-2.9 percent) and transport..., alcoholic beverages and tobacco, displayed an increase (+2 percent). On the flipside, the highest drop... to be revised following a shaper drop in prices in 2014.

    3%

  6. Greek banks' Eurosystem funding rises by 1.28 bln in October after five-month fall

    EconomyMacroeconomy

    Following a drop in the preceding five months, Greek banks’ Eurosystem funding rose by 1.28 billion... the upward movement in October, the year to date drop in Eurosystem funding reached 29.16 billion... to the elimination of ELA funding. The recorded drop of Greek banks' central bank funding so far

    3%

  7. Apartment prices fall at slower rate of 7 pct in Q3

    EconomyMacroeconomy

    negative reading since Q2 2011. BoG data also showed that the drop in appraisals significantly... in 2013. Appraisals also relate to the evolution of building activity, which posted a cumulative drop..., incorporated in ECB comprehensive assessment for Greece, point to a further drop by 7.7 percent

    3%

  8. Target revisions leave 880 mln budget shortfall in Oct despite 2.6 bln primary surplus
    Photo by MacroPolis

    Economy

    following the significant drop of 24.7 percent in October. This was mainly due to income tax (down 27.3... and 3 percent in the 10-month period to 18.86 billion reflecting a drop in VAT and consumption taxes... million short of the revised target. The underperformance reflects a drop in revenues by 12.5 percent

    3%

  9. Greek deflation eases slightly to 1.2 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    The drop in Greek consumer prices slowed to 1.2 percent in November from 1.7 percent in October... and communication, remained almost flat YoY. In contrast, the sharpest drop in prices was posted.... Although easing to 1.2 percent in November, the 12-month trailing index firmly indicates a drop above

    3%

  10. Building activity down again in September but at slower rate of -11.2 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Τhe number of building permits issued in Greece continued to drop in September, albeit... Authority (ELSTAT). The respective surface figure posted a moderate drop by 2.6 percent, while volume... breakdown showed the highest drop was posted in Thessalia and Attica, at 28.8 and 28.5 percent

    3%