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Retail turnover falls by 2 pct in May, volume drops by 2.4 pct
EconomyMacroeconomythe downward revised drop came to 1.9 percent, Hellenic Statistical Authority (ELSTAT) data showed... fell by 2.4 percent from a downward revised drop of 2.6 percent in April. As with the sales index... by 0.4 percent and came to 100.2, while volume also edged up by 0.3 percent and came to 100.4. The latest
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Industrial production rises by 0.3 pct in Jun and 1.2 pct in 6-month period
EconomyMacroeconomy. A drop of 2.2 percent was noted in the electricity supply index, while the mining and quarrying index... decreases, led by consumer durables which showed an annual drop of 3.9 percent. This was followed... picked up, indicating confidence among firms that output will continue its trend of expansions
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Industrial turnover drops by 7.5 pct in June
EconomyMacroeconomydrop of 0.2 percent in May, Hellenic Statistical Authority (ELSTAT) data published on Monday showed...-domestic market fell by 4.2 percent. The drop in the domestic market was driven by a decline of 9.2.... Sales growth picked up, indicating confidence among firms that output will continue its trend
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Turnover in tourism rises by 12.9 pct in Q2
EconomyMacroeconomyin 2019, the INSETE noted that tourist arrivals could drop by up to 7 percent in 2019. The study... for 79 percent of tourism revenue in 2018, a drop of 7 percent in international arrivals can be expected
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CPI edges down by 0.1 pct in September
EconomyMacroeconomyto August. The core index edged up by 0.7 percent in September, staying unchanged from August. Additionally... percent drop in food and non-alcoholic beverages and a drop of 1.7 percent in recreation and culture
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Newsletter 224 -18/10/2019
. In April, the Fund expected full compliance with Greece’s commitment to its official creditors up to 2022, which is the scheduled agreed commitment horizon, and then it would drop to 3 and 2.8 percent... statement. The total for central bank funding comes to 7.51 billion, fully reflecting a drop of 700
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CPI edges down by 0.7 pct in October
EconomyMacroeconomyto September. The core index edged up by 0.4 percent in October from 0.7 percent in September. Meanwhile... of 2.4 percent in the price of household equipment and housing. This was followed by a 1.9 percent drop in recreation and culture and a 1.6 percent drop in food and non-alcoholic beverages. Rises were
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Current account lands on deficit of 673.4 mln in October, aggregate at deficit of 697.4 mln
EconomyMacroeconomyYoY. Total exports in October came to 2.77 billion euros, from 3.02 billion last year, a drop... last year, a drop of 11 percent. As noted, travel receipts increased by 4.1 percent and stood at 1.44... last year. The secondary account had a deficit of 153 million in October, up from 150 million last
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Apartment prices rise by 7.5 pct in Q4 and 7.2 pct in 2019
EconomyMacroeconomyan average price decrease of 1.2 percent. Properties up to five years old saw price increases of 8.9... annual fall was posted in 2012 (-11.7 percent), followed by another double-digit drop of -10.9 percent... a YoY drop of 12.8 percent. Since Q1 2018, apartment prices have retained an upward trajectory
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Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
Economythe pandemic, the global recession and the drop in tourism. Fitch expects a gradual recovery in the second half.... Impacted by the drop in services revenues, notably tourism which corresponds to 22 pct of current account... market as the ECB could purchase up to 16 billion euros of GGBs, or 9.3 pct of estimated GDP. Other
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