Search
-
Greek PMI rises to 49.6 in May as uncertainty continues to impact
EconomyMacroeconomy. The PMI stood at 49.6 in May, up from 48.2 in April. The rate of decline eased for the second successive month and was fractional overall. A further fall in new orders, which led to a drop in output...-weakest in the nine-month period and was slight overall. As a result of the drop in production
7% -
Deposit interest rates largely unchanged in April, average loan rate increases
EconomyMacroeconomyGreek households’ new time deposit rate edged up by 2 basis points (bps) to 0.68 percent in April... area average rate of 0.42 percent. Taking into account a slight drop of 2 bps in the corporate... spread for Greek banks rose accordingly by 27 bps to 4.43 percent in April, after posting a drop
7% -
Primary cash balance posts deficit of 316 mln in first 5 months
EconomyMacroeconomymillion in May with the figure for the period up by 77 million from last year to 3.08 billion... stemmed from a rise in net revenues by 3.7 percent coupled with a drop in expenditure by 3 percent, which outpaced a sharp drop in the PIB surplus to just 12 million from 831 million in the corresponding
7% -
Eurosystem funding drops by 2.7 bln in June on reduced ELA liquidity
EconomyMacroeconomythe largest drop since February this year. As a result, central bank funding landed at 54.25... by 12.36 billion, mainly reflecting a drop in ECB funding by 6.63 billion, as Greek banks replaced... funding composition stayed similar to the previous month, with ELA funding making up 69.9 percent
7% -
Unemployment at 21.7 pct in May after revised April figure
EconomyMacroeconomyby 1.9 percentage points (pp) on the back of a drop in the number of unemployed by 100,056 along with a rise in those employed by 76,295. Non-seasonally adjusted (NSA) unemployment edged up slightly... lower, declining by 1.7 pp to 18.1 percent. The most significant drop in unemployment of 5.3 pp
7% -
Building activity drops by 5.2 pct in August
EconomyMacroeconomyBuilding permits went down by 5.2 percent in August, falling at a greater rate than the drop of 2.4... in the second quarter of 2017. This followed a revised drop of 1.7 percent in the previous quarter... confidence index edged up by 0.6 points.
7% -
Newsletter 160 -04/05/2018
. Household savings deposits registered inflows of 357.3 million euros, picking up pace from the figure... environment. Retail sales drop by 0.4 pct in Feb Volume declines by 0.1 pct after a revised increase of 0.9... month-on-month to 73.6 in February, while volume rose by 1.3 percent to 72.6 percent. February’s drop
7% -
Marginal increase to 20.8 pct for Feb unemployment rate
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate in February was 20.8 percent, edging up... of those who are unemployed have improved substantially since last year recording a drop of 102,296... drop (-2.9 pps) in unemployment came in the 25-34 year old age bracket, bringing the rate
7% -
Unemployment at 20.1 percent in March
EconomyMacroeconomy. The figures of those who are unemployed continue to improve, with the latest month showing a drop..., declining by 2.2 pps year-on-year. Broken down by age group, the largest year-on-year drop (-2.9 pps.... In regional terms, the lowest rate of unemployment is found in Crete at 16.7, up by 1 percentage point since
7% -
Industrial production falls by 1.1 pct in October, interrupting seven-month positive streak
EconomyMacroeconomy, followed by a 3 percent drop in the water supply production index and a 1.3 percent fall... and natural gas which was up by 22.3 percent. The most notable decline was noted in electrical equipment with a drop of 40 percent. The seasonally adjusted IPI dropped by 1.5 percent and came to 94.29 from
7%