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Retail turnover drops by 3 pct in July for fifth straight negative reading
EconomyMacroeconomyGreece’s retail sales index decreased by 3 percent in July following a downward revised drop of 3.3 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The latest month’s reading is the fifth consecutive negative reading in as many months. The corresponding volume
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Car sales rise by 3 pct in September and drop by 26.7 pct in first 9 months
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time rose by 3 percent in September compared to a drop of by 23.6 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday. In September 2019, the year-on-year change showed a rise of 22.9 percent. The current month’s
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Wages index up by 3 pct YoY in Q3 2020, declines by 1.5 pct QoQ
EconomyMacroeconomyGreece’s seasonally adjusted (SA) Wages Index turned positive by 3 percent year-on-year (YoY) in the third quarter (Q3) of 2020, following a revised rise of 3.9 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures revealed on Friday. The wages index captures employees’ gross earnings
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Retail turnover drops by 5 pct and volume by 3 pct in January
EconomyMacroeconomyindex fell by 3 percent after a revised decrease of 11.5 percent in the previous month. Compared
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Retail turnover drops by 3 pct and volume by 1.8 pct in February
EconomyMacroeconomyGreece’s retail sales index decreased by 3 percent in February following a revised drop of 3.8 percent in January, Hellenic Statistical Authority data showed on Thursday. The index has now dropped in 11 of the last 12 readings, showing the impact of Greece’s lockdowns. The corresponding volume
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Retail turnover drops by 3 pct and volume by 0.9 pct in March
EconomyMacroeconomyGreece’s retail sales index decreased by 3 percent in March following a revised drop of 4 percent in February, Hellenic Statistical Authority data showed on Monday. The index has now dropped in 12 of the last 13 readings, showing the impact of Greece’s lockdowns. The corresponding volume index fell
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OECD ups 2021 growth estimate by nearly 3 points, underlines RRF impact
EconomyMacroeconomydeposits rising by more than 7 pct of GDP. Private consumption is seen rising by 1.6 pct in 2021 and 3
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Piraeus books losses of 3 bln as NPEs drop by nearly 17 bln
EconomyBankingto be concluded with 600 million euros of Sunrise 3 in 2022. Piraeus intends to have an NPE ratio of less
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July trade deficit of 3 bln takes total to 20.67 bln, up by 65.6 pct YoY
EconomyMacroeconomyThe rise in Greece’s trade deficit slowed down in July, but still increased by a sizable 33.3 percent year-on-year, according to data released by ELSTAT on Wednesday. This came after a 42.7 percent jump in June. The deficit came to virtually 3 billion euros for July. Imports totalled 7.97 billion
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CPI moderates to 3 pct, but food inflation persists at 11.4 pct
EconomyMacroeconomyThe rise in Greece’s Consumer Price Index (CPI) decelerated further in April, with prices rising by 3 percent year-on-year (YoY), when it increased by 4.6 percent in March, according to the data released on Wednesday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling
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