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  1. Retail sales up 3.9 pct in April for first positive YoY reading since 2010

    EconomyMacroeconomy

    a marginal MoM drop was that of automotive fuel (down 0.4 percent). The Easter period is most... two sectors posted a YoY decline, namely furniture, electrical and household equipment (down 12.9 percent) and pharmaceutical products and cosmetics (down 1.2 percent). A broadly similar pattern

    2%
  2. Small but rare rise of 0.4 pct for Greek retail turnover in June
    Photo by MacroPolis

    EconomyMacroeconomy

    (down 8 percent), furniture, electrical and household equipment (down 6.9 percent) and department stores (down 4.5 percent) posted the highest YoY declines. On a monthly basis, retail turnover in June

    2%
  3. ELSTAT survey finds 2013 household budgets devastated, inequality persists
    Photo by Harry van Versendaal

    Society

    . The greatest decline was recorded in clothing and footwear (down 46.3 percent), durables (down 39.5 percent) and hotels, cafes and restaurants (down 36.2 percent). In contrast, three sectors showed a drop

    2%
  4. Industrial turnover up 0.4 pct in July for rare second straight month of growth

    EconomyMacroeconomy

    ). On the flipside, the turnover in three sectors, namely leather and related products (down 29.7 percent), computers, electronic and optical products (down 22.8 percent) and mining of metal ores (down 18.1 percent

    2%
  5. Retail sales rise in July for second straight month - not seen since 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    1.6 percent, while volume rose by 1.7 percent. Department stores (down 10.9 percent) posted the highest drop in 7-month retail turnover, followed by food, beverages and tobacco (down 6.3 percent) and furniture, electrical and household equipment (down 6.1 percent). On the flipside, books, stationery

    2%
  6. Mixed messages continue to dog SYRIZA
    Photo by MacroPolis

    PoliticsGreek Politics

    Tsipras has toned down his rhetoric and it was noticeable that in the recent confidence vote debate... to play down expectations about what it might do with regards to Greece’s debt. One of the key members... to be just a case of kicking the can down the road. SYRIZA has not yet achieved a level of unity

    2%
  7. Greek retail turnover advanced for the third straight month, 4.5 pct in August

    EconomyMacroeconomy

    . On the flipside, the highest MoM declines were recorded in clothing and footwear (down 18.3 percent), department stores (down 10.5 percent) and books, stationery and other goods (down 10.1 percent). ELSTAT also

    2%
  8. Greek industrial turnover posts rise of 1.8 pct in September after earlier drop

    EconomyMacroeconomy

    in other transport equipment nosedived 53.4 percent, followed by motor vehicles and trailers (down 42.2 percent), computers, electronic and optical products (down 30.7 percent) and wood and cork (down 16.4 percent). Τhe Markit’s Manufacturing PMI slightly improved by 0.4 points to 48.8 in October

    2%
  9. Newsletter 5 - 28/11/2014

    Newsletters

    to go down as the man who split PASOK apart and brought down the coalition government. Venizelos, though... tax refunds fell 17.9 percent in October, leading the 10-month figure down 1.2 percent to 40.38

    2%
  10. Almost all services in Greece saw decline in Q3

    EconomyMacroeconomy

    administrative and support (down 54.2 percent), advertising and marker research (down 51.8 percent) and cleaning activities (down 45.5 percent). However, there were 3 services sectors that not only survived

    2%