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Drop in disposable income accelerates to 3.3 percent in Q3
EconomyMacroeconomypercent from 2.4 percent in Q2. The absolute figure of 13.9 billion euros in Q3 implies a sharp drop... by more than 10 billion euros, corresponding to a drop of 24.5 percent. Taxes on income and wealth
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Retail sales drop at a faster pace of 5.5 pct in Nov
EconomyMacroeconomyThe turnover of Greece’s retail trade index fell for the sixth straight month In November at an accelerating pace of 5.5 percent from a revised 3.6 percent drop in October, Hellenic Statistical... reflects a similar drop in household disposable income attributed to heightened unemployment
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Drop in trade deficit accelerates to 14.3 pct in Dec on faster fall in imports
EconomyMacroeconomydecrease in December stems from a higher drop in imports (-7.9 percent) compared to that of exports... in exports by 2.7 percent and a modest drop in imports by 1.6 percent. The aggregate figures
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Notable drop of 13.3 pct in industrial turnover in January
EconomyMacroeconomyAfter a modest drop by 1.3 percent in December, the decline in Greece’s Turnover Index plummted by 13.3 percent in January, Hellenic Statistical Authority (ELSTAT) figures showed on Monday... months. This is mainly attributed to a drop in output and incoming new orders, a slight decrease
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Notable drop of 1.5 pct in March CPI
EconomyMacroeconomy, core index declined by 0.5 percent in March attributed to a drop in goods index by 2.7 percent... reflects a drop in clothing and footwear prices (-5.2 percent) housing (-4.9 percent) and transport (-4.9
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Drop in CPI slowed to 0.7 pct in June
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell by 0.7 percent in June after a 0.9 percent drop in May, Hellenic Statistical Authority (ELSTAT) data displayed on Friday. The decline came at a decelerating... straight year. It declined by 1.7 percent compared to the drop of 1.3 and 0.9 percent posted
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Retail sales drop for thirteenth straight month by 5.2 pct in June
EconomyMacroeconomyThe turnover of Greece’s retail trade index continued heading south unabated, albeit at a slower pace of 5.2 percent in June from a revised drop of 7.9 percent in May, Hellenic Statistical Agency... it remains in negative territory in the course of first half. The biggest drop rates in June were
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Apartment prices fall by 1.5 pct in Q3 for slowest drop since 2009
EconomyMacroeconomyApartment prices in Greece fell at a slower pace of 1.5 percent in the third quarter (Q3) of 2016, following a revised drop of 2.6 percent in Q2, Bank of Greece (BoG) data showed on Monday... annual drop of 11.7 percent was posted in 2012, while apartment prices have also posted a double
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Travel receipts drop 13.8 pct in Nov, 11-month figure down 6.6 pct
EconomyMacroeconomythe travel surplus fell by 48.6 percent to 51.8 million euros. The recorded drop in receipts reflects..., 2016 travel revenues are expected to finish below 2015 figure, largely due to a drop in the average
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PMI falls to 46.7 in Mar on drop in new orders but outlook positive for next months
EconomyMacroeconomyto a sharp drop in new orders, further decline in output and reduced employment. However, Greek firms... uncertainty resulted in reduced purchasing activity and further drop in pre-production inventories
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