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Greek CPI dives 2.6 pct in December as deflation deepens to 1.3 pct in 2014
EconomyMacroeconomythe 2.9 percent drop posted in November 2013. The monthly evolution showed that the CPI slipped... groups of goods and services recorded a year on year (YoY) drop in prices in December with the most... exceeded the Greek government and troika updated estimates for a CPI drop of 0.8 to 1 percent for 2014
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Stronger rise of 4.1 pct for Greek industrial turnover in October
EconomyMacroeconomyat an accelerating pace of 4.1 percent from an upward revised 2.4 percent drop in September, according... still points to a drop of 2.4 percent. The change in October mainly reflects a similar rise...). In contrast, the sharpest drop was recorded in other transport equipment (down 51.4 percent
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Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
Economya drop in revenues by 17.7 percent and seasonally high primary (+1.5 billion MoM) as well as Public... higher drop (-3.7 percent) to 46.62 billion, 3.53 billion short of target. Although increasing MoM... billion, 424 million short of target. That performance was mitigated by a minor drop in 2014 PIB
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Industrial turnover dips again in November after upswing in two previous months
EconomyMacroeconomypointing to a decelerating drop of 1.5 percent. The evolution of industrial turnover in November...-domestic market by 2.3 percent, counterbalanced by a drop in the domestic market by 3.1 percent.... The highest drop was posted by transport equipment (down 62 percent), followed by leather and related
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Greek retail turnover index down 1.6 pct in November
EconomyMacroeconomycategories displayed mixed trends. Food, beverages and tobacco recorded a double-digit drop (-10.6 percent... showed retail turnover an volume slipped by 0.8 and 0.3 percent respectively. The highest drop... the sharp drop in household disposable income by more than 28 percent on heightened unemployment
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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
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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
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Trade deficit plunges by 21 pct in January as exports and imports fall
EconomyMacroeconomyAugust 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
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Greek central gov’t cash surplus shrinks 70 pct to 503 mln by February
EconomyMacroeconomydrop 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
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Retail sales down by 2.6 pct in January for third straight monthly decline
EconomyMacroeconomyit 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
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