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Unemployment falls to 21.2 pct in June, lowest since Dec 2011
EconomyMacroeconomyreduced by 2.3 percentage points (pp) on the back of a drop in the number of unemployed by 115,943... percent in June from 21.6 percent in May on the back of drop in unemployed by around 75,600 to finish.... The unemployment rate for men fell to 17.9 percent, a decline of by 1.9 pp year-on-year. The largest drop
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Turnover in services sector shows mixed picture in Q3 2017
EconomyMacroeconomyshowed on Friday. Specifically, six of the 15 services posted a drop in the current quarter, the same... the last five years, the figures revealed that the largest drop since Q3 2012 came from services... that the index declined by 0.8 points to 13.6, the second consecutive drop. In the year to date
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Stress test assumptions cause few concerns for Greek banks
EconomyBanking, residential real estate values will drop marginally by 0.5 percent this year and grow by 1 percent... scenario, GDP is assumed to drop by 1.3 percent in 2018, 2.1 percent in 2019 and grow by 0.2 percent... and commercial properties are severely stressed, with home prices assumed to drop by 17.4 percent from
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Manufacturing wage cuts were turned into profit, GSEE study claims
EconomyFeatureswas a roughly 25 percent rise in unemployment in tandem with a 27 percent drop in GDP. The study, titled... due to a cumulative 21.8 percent drop in wages across the six years, but also due to an increase... by more than a third, the drop in the price index did not exceed 2.7 percent. In the wider manufacturing
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Consumer price index turns positive in February with 0.1 pct rise
EconomyMacroeconomy, education and hotels and restaurants. These were partially offset by prices drop in various food... and recreation. The month-on-month drop of 0.1 percent is attributed to price drops noted in alcohol and tobacco, clothing and footwear by 5.4 percent due to the winter sales, a price drop in heating
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Turnover in services sector shows improvements in Q4 2017
EconomyMacroeconomyrate of growth was noted in telecommunications (+5.3 percent). Five of the 15 services posted a drop... that the largest drop since Q4 2012 came from management and consultancy activities (-43.5 percent... in December showed that the index declined by 0.2 points to 13.4, the third consecutive drop. Across
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Newsletter 166 -15/06/2018
in Q1 Latest quarter’s decline is the lowest contraction on record The drop in the nominal value... from a revised drop of 0.4 percent in Q4 2017, Bank of Greece (BoG) data showed this week. The latest figure marks three continuous quarters during which the drop in apartment prices has remained
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Building permits up by 4.4 pct in May and 5.3 pct in first five months
EconomyMacroeconomyquarter of the year after a drop of 0.2 percent in Q1. The latest figure marks the first increase... drop of 1 percent, improving against the drop of 2.4 percent in 2016. The latest confidence indicator
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AgoraGDP in 2017 was close to 64 billion lower than the pre-crisis levels. This drop of 25 percent..., a drop of close to 70 percent. The rebound over the last couple of years simply underlines how... drop. The index of wages in the middle of 2015 was almost 30 percent lower than the first quarter
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Building permits rise by 16.2 pct in June and 7.5 pct in first half of year
EconomyMacroeconomyafter a drop of 0.2 percent in Q1. The latest figure marks the first increase in apartment prices since Q4 2008. For 2017 as a whole, the decline in property prices came to an average drop of 1 percent, improving against the drop of 2.4 percent in 2016. The latest confidence indicator for August
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