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CPI tumbles by 1 pct in July
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) dropped at an accelerating pace of 1 percent in July after a 0.7 percent decline in June, Hellenic Statistical Authority (ELSTAT) data showed on Monday... and services posted a change less than 1 percent from the previous month’s level. Greece remains
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Current account surplus almost doubles to 1 bln in June
EconomyMacroeconomyGreece's current account (C/A) surplus almost doubled to 1 billion euros in June from 508.9 million a year ago, Bank of Greece (BoG) figures showed on Thursday. The year on year improvement by around..., while exports fell by around 1 billion to 11.6 billion. As a result, the goods’ deficit fell
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CPI falls at slightly higher pace of 1 pct in September
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) dropped at a slightly accelerating pace by 1 percent in September after falling by 0.9 percent in August, Hellenic Statistical Authority (ELSTAT) data showed... other main groups and services posted a change less than 1 percent MoM. Since May 2013, when CPI
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Turnover in tourism sector up 1 pct in Q1 for third straight quarterly rise
EconomyMacroeconomyThe Turnover Index in Accommodation and Food Services increased for the third straight quarter in the first quarter (Q1) of 2017, albeit at a slower pace of 1 percent from a downwardly revised growth... receipts are projected to rise by at least 1 billion and range between 14.2 to 14.5 billion in 2017
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Wages index improves 1 pct in Q1 but falls QoQ for second straight quarter
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index rebounded for the sixth successive quarter by 1 percent year on year (YoY) in the first quarter (Q1) of 2017 after edging up by 0.2 percent in the previous... and 14th salary bonuses. The non-seasonally adjusted (NSA) wages index also grew by 1 percent in Q1 after
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Building permits up by 1 pct in April and 5.2 pct in first four months of the year
EconomyMacroeconomyBuilding permits rose by 1 percent in April following a drop of 2.3 percent in March, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed. The latest monthly headline figure puts... quarter of 2009. For 2017 as a whole, the decline in property prices came to an average drop of 1
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CPI up by 1 pct in November
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 1 percent in November from a rise of 1.8 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Monday. After four years of deflation... (+2.3 percent) and hotel, cafés and restaurants (+1.2 percent). Smaller rises ranging between 1
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Retail turnover drops by 1.4 pct in August for sixth continuous decline, volume drops by 1 pct
EconomyMacroeconomyindex also fell by 1 percent after a revised decline of 2.8 percent. Compared to August 2019, the main... percent), followed by automotive fuel (-3.1 percent) and supermarkets (-1 percent). Increases were
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Industrial turnover continues to slide with 1 pct YoY drop in Aug
EconomyMacroeconomyGreece’s industrial turnover dropped further in August, with a decrease of 1 percent year-on-year (YoY), from a 1.8 percent drop in July, according to data released by the Hellenic Statistical... in the previous period. Manufacturing revenue dropped by 1 percent YoY, with the mining and quarrying rising
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OECD forecasts unemployment increase into 2021
EconomyFeaturesthe single hit scenario, Greece’s employment growth is set to fall by 3.5 percent this year and by 1... that unemployment is set to rise under three scenarios presented. Scenario 1 anticipates a GDP... particularly that the coronavirus crisis reveals the limits of the country’s economic development model
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