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First positive reading for building activity in 6 months after 1.2 pct rise in May
EconomyMacroeconomyThe number of building permits issued in Greece rose by a modest 1.2 percent in May, after... in May surface and volume was more pronounced at 10.2 percent. This is the first positive reading... in May, the 5-month figure of building permits showed a drop of 22.6 percent, slower than the 27.8
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May sees 48.7 pct rise in number of new cars in circulation
EconomyMacroeconomy) accelerated to 48.7 percent in May from 9.1 percent in April, according to the Hellenic Statistical..., and also reflects a low base effect. The strong performance in May led the 5-month figure up 24.7... percent in May and 25.1 percent in the 5-month period. More than half of the first-time circulated road
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Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln
EconomyMacroeconomyin May from 3.7 percent in April, with balances easing to 214.35 billion euros, according to the Bank... rose to 963 million euros in May from 674 million in April. The monthly figure is the highest over... in May from 182 million in April. Housing loan balances eased 3.2 percent to 70.72 billion on stable
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Exports continued their decline, down by 8.3 pct in May
Economyin May, following a steeper drop of 20.8 percent posted in April, according to the flash estimates... indicates a 6.5 percent decline over the past 12 months. Imports resumed an upward trend in May rising... figure excluding the impact of oil products recorded a 1.5 percent rise in May. This is mainly
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Decline in Greek CPI slows to 1.1 pct in June after sharper fall in May
EconomyMacroeconomyin May, the Hellenic Statistical Authority (ELSTAT) said on Wednesday. The monthly evolution shows... and footwear prices. The latter’s performance in June reversed the 8.9 percent drop posted in May, which reflected the (second) interim sales period introduced in the first ten days of May. Thus, after
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Industrial production rises again in May, by 1.8 pct, after two months of decline
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) rose 1.8 percent in May, following drops of 2.1 and 2.3... marginally by 0.1 percent. May’s performance led the year to date change, reversing the previous drop of 0.3 percent to April to a marginal rise of 0.2 percent to May. Similarly to the monthly trend
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PMI improves in May but points to further deterioration in manufacturing
EconomyMacroeconomyGreece’s Manufacturing PMI improved by 1.5 points in May, rising to 48 from 46.5 in April... showed that the drop in May’s incoming new work was largely attributed to uncertainty and adverse... for the second straight month in May mainly reflecting the lack of pressure on resources. The rate
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Greek CPI falls by 2.1 pct in May, same as April
EconomyMacroeconomyThe rate of drop in the Greek consumer price index (CPI) was unchanged in May, when it remained... (ELSTAT). The May headline figure is the sixth successive negative reading above the 2-percent mark. In contrast, the harmonised index of consumer prices (HICP) further declined by 1.4 percent in May
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Hirings outpace job departures by 76,591 in May for fourth positive monthly balance in a row
EconomyMacroeconomyThe employment balance displayed net hirings of 76,591 in May 2016, down by 9,555 compared... straight month, while is the second highest May reading for since 2001. The breakdown showed that gross hirings of 230,965 in May were only partly offset by a total of 154,374 departures
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Economic sentiment down 1.7 pts in May, consumer confidence up for second straight month
EconomyMacroeconomyGreece’s economic sentiment (ESI) fell by 1.7 points in May after improving cumulatively by 2... at 93.2 in May, which is the lowest reading since February, representing a year-to-date deterioration of 1.9 points. Consumer confidence rebounded by 2.5 points in May for the second straight month
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