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Newsletter 66 - 11/03/2016
2012. Consumer prices drop The Consumer Price Index (CPI) fell by 0.5 percent in February after a 0.7 percent drop in January. However, the harmonised index of consumer prices (HICP) rose by 0.1 percent in February, which is the second positive reading in the last three months. The drop in February’s
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Current account deficit jumps to 742 mln in January
EconomyMacroeconomyin the C/A balance by 461 million euros year on year (YoY) largely reflects a sharp drop...’ deficit mostly stems from a higher drop in imports (-14.3 percent) compared to that of exports (-9.4... to 161.1 million euros on the back of a 7.8 percent drop in non-residents’ arrivals by 9.3 percent
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Greece’s dramatic year reflected in ATHEX 2015 results
Economythe year, the extended bank holiday and capital controls which contributed to a 23.6 percent drop in the Athens Exchange General Index, a 39.4 percent drop in trading by value, and a 36.9 percent drop
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Newsletter 69 - 08/04/2016
drop in the number of refugees and migrants reaching Greece last week, with less than 100 arrivals one.... The January rise reflects a drop in the number of employed to 3.61 million and an increase... in February following an increase in imports by 1.9 percent and a drop of 7 percent in exports, which have
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Current account deficit narrows by 45 pct to 804.3 mln in Feb
EconomyMacroeconomythat the drop in the goods’ deficit is attributed to a higher decrease in imports (-7.8 percent) compared... to 133.7 million largely due to a double-digit drop in non-residents’ arrivals by 14.9 percent...-residents’ arrivals by 11 percent. However, the higher drop in the corresponding payments resulted
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Disposable income edges up by 0.2 pct in Q4 on second straight rise in compensation of employees
EconomyMacroeconomyfrom a revised drop of 2.8 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed... or 35.5 percent over the last six years attributed to the direct and indirect impact from a sharp drop... implying a drop in excess of 26 percent. The fall in taxes on income and wealth notably accelerated
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PMI edges up to 49.7 in Apr, highest reading in last three months but concerns remain
EconomyMacroeconomyin the Greek manufacturing sector is mostly attributed to a further drop in incoming new orders, while... new orders, while the rate of drop was the sharpest in the last six months. However, job creation... a downward trend for almost 7.5 years, yet the rate of drop was the weakest in the last 28 months. Factory
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Corporate lending rates fell in March, time deposit rate slightly down to a new low of 0.88 pct
EconomyMacroeconomyin March was a sharp drop by 90 bps in loans for amounts over 1 million euros to 3.93 percent from.... The changes in the various lending segments led to a notable drop of 26 bps in the weighted average rate on new loans to a new low of 4.65 percent. Overall, the marked drop in lending rates
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Apartment prices fall at slightly slower pace of 5 percent in Q1
EconomyMacroeconomyThe drop in Greek apartment prices slightly decelerated for the second straight quarter in Q1, when... percent. Over this 7-year period the biggest drop of 11.7 percent was posted in 2012 and the lowest of 3.7 percent in 2009. Meanwhile, housing loans display a cumulative drop of 17.3 percent since
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CPI falls at decelerating pace of 0.9 pct in May
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell at a slower pace of 0.9 percent in May from a drop of 1.3... the change in the core index was zero in May, resulting from a 1.8 percent drop in the goods’ index... month, CPI fell by 0.4 percent, largely due to a drop in clothing and footwear prices by 9 percent
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