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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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PMI drops for third straight month to hit one-year low of 48.3 in Nov
EconomyMacroeconomypoints in November after a drop by 0.6 points in October, the Markit survey displayed on Thursday... rate over the last twelve months. Work backlogs deteriorated again, on the back of a further drop... their discounting policies for the fifth straight month. At the same time, the rate of drop
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Unemployment rate drops again in Q3, reaching 22.6 pct
EconomyMacroeconomypercentage points (pp) from the Q3 2015 figure of 24 percent. This reflects a drop in the number... displayed the most marked drop of 4.6 pp to 44.2 percent was recorded among youth (15-24 years old... rate for the 45-64 years old group edged up to 18.5 percent. The percentage of new unemployed (i.e.
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CPI stays flat in December, falls by 0.8 pct in 2016
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) remained stable in December following a drop of 0.9 percent... month. In addition, the goods’ index stayed flat, while the services’ index edged up 0.1 percent... in December after a short-lived drop of 0.2 percent in November. Prices of main groups of goods and services
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Current account deficit of 1.2 bln in Nov turns 11-month balance negative
EconomyMacroeconomya sharp drop in the services surplus by 1.85 billion and to a lesser extent a worsening... at 15.07 billion on the back of a drop in imports by 3 percent to 37.33 billion, while exports also... into consideration that travel payments edged up 0.7 percent, the resulting travel surplus decreased
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Unemployment rate stable for third month at 23.1 pct in Dec
EconomyMacroeconomyof employed by 10,900 and a drop in the jobless number by 60,500. Τhe non-seasonally adjusted (NSA... to 27.6 percent. The most notable drop - by around 5 pp - was recorded among youth (15-24 years old) to 45.2 percent, while the unemployment rate for older Greeks (55-64 years old) edged up to 19.4
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Retail sales rebound 1.4 pct in Jan after brief fall in Dec
EconomyMacroeconomyThe turnover of Greece’s retail trade index increased by 1.4 percent in January after a brief drop... with the previous month showed a sharp drop of 18.7 percent largely attributed to the seasonally high... to the level posted in the first half of 2002. The SA volume index edged up 0.1 percent MoM to 70.6
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