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  1. Bigger drop for Greek industrial production, which fell by 5.7 pct in August

    EconomyMacroeconomy

    drop in July, according to the Hellenic Statistical Authority (ELSTAT). August’s is the seventh... of the four sub-indices posted a drop in August with electricity production (down 18.1 percent), mining... period, industrial production fell by 2.8 percent, mainly due to a double-digit drop in electricity

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  2. Industrial production falls by 5.1 pct in September for seventh straight drop

    EconomyMacroeconomy

    ), mainly reflecting a double-digit drop in electricity production by 13.4 percent. In contrast, the other... and quarrying as well as manufacturing production displayed a marginal drop of 0.1 and 0.4 percent... movement. Capital goods recorded the highest drop (-15.1 percent), followed by energy (-6.4 percent

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  3. Greek industrial turnover posts rise of 1.8 pct in September after earlier drop

    EconomyMacroeconomy

    percent drop in August, according to the Hellenic Statistical Authority (ELSTAT). Note that historical..., capital goods and consumer non-durables recorded a drop of 5.6, 3.3 and 0.7 percent respectively...) and basic metals (+9.8 percent). On the flipside, four sectors recorded a double-digit drop. Turnover

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  4. Greek CPI falls 2.8 pct in Jan for second largest drop since 2001
    Photo by MacroPolis

    EconomyMacroeconomy

    The drop in Greek consumer price index (CPI) accelerated for the second straight month to 2.8... in deflation for 23 successive months (since March 2013). The highest drop in CPI was recorded in November... stayed stable. In contrast, the highest drop was posted in housing (-8 percent) followed

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  5. Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct

    EconomyMacroeconomy

    in the last nineteenth quarters (since Q1 2010). The largest drop in the quarterly economic.... During the crisis years, the biggest nosedive (-8.3 percent) was posted in 2011, followed by a drop... a cumulative drop of almost 22 percent since 2008. This mainly results from a nosedive in disposable

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  6. Consumer prices drop further by 2.2 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    The Greek consumer price index (CPI) fell by 2.2 percent in June after a drop by 2.1 percent...) and clothing and footwear (-3.6 percent). A drop higher than the headline figure was also recorded... the current 12-month trailing index indicates a drop by 1.7 percent. This suggests that 2015

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  7. Economic sentiment fell to 81.3 in July for the sharpest historical monthly drop

    EconomyMacroeconomy

    reading since October 2012. The year to date evolution shows a significant drop by 17.8 points... points to -52.9 in July from -46.8 in June. The monthly movement indicates the highest drop since... the highest monthly drop plummeting by more than 22 points to -25.9, whilst the construction confidence fell

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  8. Drop in corporate loan rates led the average loan rate at a new historic low
    Photo by MacroPolis

    EconomyMacroeconomy

    on new deposits eased by 1 basis point (bp) to 1.09, largely reflecting a 5 bps drop... considerable drop by 52 bps to 5.59 percent for loans up to 250,000 euros. For higher loan amounts... percent. The interest rate in loans to sole proprietors slipped by 8 bps to 7.65 percent. The drop

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  9. ELA funding down by 1.48 bln in July for first monthly drop since May 2014
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    . This was the first drop in central bank funding since September 2014. The absolute figures showed... to a month-on-month drop in the Emergency Liquidity Assistance (ELA) funding by 1.48 billion euros to 85.29... of 50.48 billion in June. The evolution in July is the first MoM drop since November 2014. The lower

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  10. Industrial turnover fell 13.4 pct in June for second biggest drop since Oct 2009

    EconomyMacroeconomy

    of the respective index. The breakdown by region displayed a sharper drop for the non-domestic market... plunged 34.1 percent, while capital goods posted a mid-single digit drop of 4.9 percent. In contrast... a record drop in new orders as bank closures and capital controls badly hampered normal business

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