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  1. Greek Manufacturing PMI down to 48.3 pts in January, reaches 15-month low

    EconomyMacroeconomy

    , manufacturers’ selling prices recorded a substantial drop similar to that evident in December. Moreover, the average input prices fell for the first time in the last four months, indicating the most marked drop... was reportedly a factor behind the sector’s worsening performance”, while the drop of the headline figure

    3%
  2. Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln

    EconomyMacroeconomy

    , at an accelerating pace of 17.6 percent after a 9.6 percent drop in November. December reading indicates the highest monthly drop in 2014. In absolute terms, arrears fell to 3.75 billion euros at the end.... Following December evolution, the drop of gg guarantees stood at 16 billion for 2014 compared to 23.1

    3%
  3. Trade deficit plunges by 21 pct in January as exports and imports fall
    Photo by MacroPolis

    EconomyMacroeconomy

    August at 1.23 billion. The movement in January reflects a drop in both exports and imports by 12.8.... The rate of the drop is the highest since April 2014. January exports stood at 1.86 billion euros... 2014, shows the biggest drop since March 2013. In absolute terms, imports reached 3.13 billion

    3%
  4. Greek central gov’t cash surplus shrinks 70 pct to 503 mln by February

    EconomyMacroeconomy

    drop of 29.9 percent in January, while February revenues rebounded by 3.4 percent. The preliminary budget execution figures published by the MoF on Friday displayed a slower drop in revenues by 7.3... drop in budget expenditure was at 7.5 percent. Unlike revenue and expenditure items, BoG and MoF

    3%
  5. Retail sales down by 2.6 pct in January for third straight monthly decline
    Photo by MacroPolis

    EconomyMacroeconomy

    it declined by 2.6 percent from a revised 3.8 percent drop in December, according to the Hellenic... the highest MoM drop in January was posted by books, stationery and other goods (-36.6 percent) followed... than 30 percent on the back of a similar drop in household disposable income mainly reflecting

    3%
  6. Rebound in Q4 by 1.4 pct brings 2014 disposable income down 3.2 pct

    EconomyMacroeconomy

    increase in compensation of employees more than offsetting a drop in social contributions... flexible forms of work. Social security contributions and benefits recorded a slightly higher drop... for 2014 displayed a low single-digit drop by 2.2 percent. At the same time, property income posted

    3%
  7. Athens Stock Exchange erases losses made since elections as mood improves

    Economy

    the highest drop, falling by 0.83 percentage points (pp) to 20.7 percent. The yield of the 5-year GGB edged lower to 14.92 percent, implying a drop by 0.43 pp on the day. The 10-year GGB yield showed a more modest drop of 0.29 pp to 10.86 percent.

    3%
  8. Newsletter 25 - 08/05/2015

    Newsletters

    manufacturing drop Greece’s manufacturing PMI saw a big drop in April, when it fell by 2.4 points to 46.5... drop over the last 22 months. April’s reading was eighth straight month with sub-50 reading. 2

    3%
  9. National Bank posts losses of 159 mln in Q1 2015
    Photo by MacroPolis

    EconomyBanking

    (PPI) eased 2 percent QoQ to 357 million in Q1 reflecting a drop in operating income and expenses.... On the flipside, the domestic lending spread slipped by 5 bps mainly arising from a 14 and 10 bps drop... credit legislation impact. The Basel III full loaded CET1 showed a slower drop to 8.7 percent in Q1

    3%
  10. Downturn in retail trade eases to 0.4 pct in March

    EconomyMacroeconomy

    percent. The breakdown by sector of retail turnover showed a MoM drop in clothing and footwear (-10.3... years, the highest drop was recorded in furniture and electoral and household equipment (-45.5 percent..., turnover in automotive fuel posted a single-digit drop (-8.8 percent) supermarkets’ sales decreased

    3%