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Deflation slows to 0.7 pct in Nov
EconomyMacroeconomya marginal rise by 0.1 percent. The drop in the November CPI is largely attributed to a decline...-on-month CPI fall, the November decline of 0.8 percent is mostly due to a drop in clothing... of November. All other groups of goods and services recorded a monthly change up to 0.6 percent. Greece has
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General government primary cash surplus widens notably to 5.14 bln at end of Nov
EconomyMacroeconomyfor the second time this year. The year to date result for the social security funds stems from a drop in their revenues by 6.5 percent to 31.56 billion euros. There was a smaller drop in expenditure... arrears at 553 million up by almost 400 million year to date. Local governments’ and extrabudgetary
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Fall in industrial turnover slows to 1.8 pct in December
EconomyMacroeconomyThe drop in Greece’s Turnover Index in Industry markedly slowed to 1.8 percent in December from a revised 10.2 percent drop in November, Hellenic Statistical Authority (ELSTAT) figures displayed... percent, yet it makes up just a fraction of the overall index. The industrial turnover
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Apartment prices fall at slightly slower pace of 5 percent in Q1
EconomyMacroeconomyThe drop in Greek apartment prices slightly decelerated for the second straight quarter in Q1, when... since Q2 2011. Prices of new apartments (up to 5 years old) fell by 0.5 percent QoQ and 5.6 percent... percent. Over this 7-year period the biggest drop of 11.7 percent was posted in 2012 and the lowest
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CPI falls at decelerating pace of 0.9 pct in May
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell at a slower pace of 0.9 percent in May from a drop of 1.3... the change in the core index was zero in May, resulting from a 1.8 percent drop in the goods’ index... month, CPI fell by 0.4 percent, largely due to a drop in clothing and footwear prices by 9 percent
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Trade deficit climbs for second straight month in May, rising by 12.5 pct
EconomyMacroeconomyfar this year and reflects a 12.4 percent drop in exports, while imports also retreated by 3.3 percent. It is worth pointing out that exports fell for the 13th successive month, while the drop rate... exports to the EU edged up by 0.7 percent. Moreover, imports from non-EU countries decreased by 6.1
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Disposable income drops 1.8 pct in Q1 on rise in taxes and social contributions
EconomyMacroeconomy, disposable income landed at 26.38 billion euros in Q1 down by 475 million from last year. The drop... of employees edged up to 14.02 billion euros in Q1. Nevertheless, it has dropped by more than 6.3 billion..., with an 18.1 percent drop in Q1 extending the losses over the past six years to 34.5 percent. Household
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Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
EconomyMacroeconomyon month, exceeding a drop of 13,600 in the previous month and reached 3.68 million in June. At the same..., recorded a broadly similar trend with the number of employed up by 60,600 MoM to 3.73 million in June... half of this drop, falling by 1 pp to 27.8 percent in June. The breakdown by age displayed lower
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Eurosystem funding falls by another 4.4 bln in August
EconomyMacroeconomyfunding makes up 37.7 percent. The reduction in Eurosystem funding led to a similar drop in pledged... is the highest monthly drop since the upswing initiated in December 2014. The absolute figure landed... in circulation headed south for the fourth straight month in August with a cumulative drop of 2.39
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ELSTAT revises nominal 2015 GDP contraction to 1.3 pct
EconomyMacroeconomy, from drop of 3.8 percent before, while imports also edged up 0.3 percent from decline of 6.9 percent... (ELSTAT) revised downward the drop in nominal GDP to 1.3 percent from the 0.9 percent initially... consumption fell at a higher pace of 1.9 percent in 2015 compared to the drop of 0.9 percent estimated last
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