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  1. Building activity drops by 3 pct in September, permits increase above 1,000
    Photo by MacroPolis

    EconomyMacroeconomy

    is the third consecutive negative reading for this year. The absolute figure of permits issued in September was 1,081. Although declining year-on-year, the number of permits in September went above... fell by 3.1 percent compared to the same month last year. ELSTAT noted that the increase or decrease

    1%
  2. Retail sales fall for second straight month in Oct, with 0.8 pct decline
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales fell by 0.8 percent year-on-year in October, continuing their contraction... the brakes on eight consecutive months of year-on-year growth. In turn, the corresponding volume fell... in the previous month. Equally the first back to back drop in sales volumes since June last year. October

    1%
  3. Net job hirings balance positive by 15,315 in December
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by work contracts ending after the summer season. Compared to the same month last year, the balance... in favour of part-time and shift work across this year, except for May when full-time work rose.... The percentage of full-time employment for the same time last year was slightly higher at 45.3 percent

    1%
  4. Building activity increases by 16.4 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    to the same time last year, while volume rose at an even greater rate by 109.2 percent. ELSTAT points out... Macedonia and Thrace, and in the northern Aegean, the number of permits issued remained unchanged year-on-year. The three smallest rises in activity were noted in the Peloponnese (+1.8 percent), Thessalia

    1%
  5. Travel balance up by 81.4 pct in November, foreign arrivals increase
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel receipts increased by 81.4 percent year-on-year in November, compared to a rise... the travel surplus to 102.5 million compared to 56.5 million for the same period last year. The increase... and came to roughly 740,500. The average expenditure per trip fell by 1.5 percent year-on-year

    1%
  6. Total overdue tax obligations rise to 101.86 bln in Dec, new debt up by 1.30 bln
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , and stood at 84.2 percent for the year compared to 84.6 percent in 2016. After rising to 1.34 billion..., declining against the full-year figure for 2016 (68.6 percent). Corporate income tax due declined... for both corporate and personal income tax. The aggregate figure for the year shows that new tax debt now

    1%
  7. December current account deficit at 1.24 bln on falling services balance
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    . The respective figure for a year ago showed a deficit of 1 billion, meaning that the deficit has worsened by 233.4 million euros year-on-year. According to the BoG, this was driven by a worsening balance... million a year ago. The deficit in secondary income worsened to 101.9 million from 98.9 million

    1%
  8. Travel balance down by 76.3 pct in Dec, annual arrivals beat expectations
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel receipts fell by 76.3 percent year-on-year in December, compared to a rise of 81.4... surplus to 10.7 million compared to 45.2 million for the same period last year. Traveller inflows... by 1 percent year-on-year to 319.8 euros. Travel receipts from the 28 European Union (EU 28) countries

    1%
  9. Building activity down by 6.7 pct in Dec after rising by 8.6 pct in 2017

    EconomyMacroeconomy

    that the final month of the year recorded an absolute number of permits that stood at 1,233, keeping... a decline of 8.2 percent year-on-year, while volume also fell by 8.6 percent. ELSTAT points out... year. The smallest number of absolute permits was issued in western Macedonia (17 permits

    1%
  10. Unemployment rate falls to 21.5 pct in 2017 despite increase in Q4
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    represented the lowest reading since Q4 2011. This brings the full year unemployment rate to 21.5 percent, which is the lowest since 2011. Compared to the same period last year, the jobless rate has... to the same period last year was noted in the sector of wholesale and retail trade, where roughly 23,800

    1%