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  1. Newsletter 119 - 19/05/2017

    Newsletters

    of 0.6 percent in H1, Bank of Greece (BoG) data showed. The headline figure indicates the second

    2%
  2. Industrial turnover up 24.5 pct in March for fifth straight month
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Turnover Index in Industry continued its positive performance, rising by 24.5 percent in March after growth was revised upwardly to 21.3 percent for February, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The March headline figure is the fifth straight positive reading

    2%
  3. Apartment prices decrease at a sharper pace by 1.8 pct in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Apartment prices in Greece fell at a sharper pace by 1.8 percent year-on-year (YoY) in the first quarter (Q1) of 2017, following an upwardly revised drop of 1 percent in Q4 2016, Bank of Greece (BoG) data showed on Thursday. Compared to the previous quarter, apartment prices contracted by 0.5

    2%
  4. Newsletter 120 - 26/05/2017

    Newsletters

    ) in the first quarter of 2017, following an upwardly revised drop of 1 percent in Q4 2016, BoG data

    2%
  5. Slight rise of 0.3 pct in March retail sales after strong growth in February
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index edged up by 0.3 percent in March, after upwardly revised double-digit growth of 11.2 percent in February, Hellenic Statistical Agency (ELSTAT) data showed on Wednesday. The March headline figure, albeit marginal, is the sixth positive reading in the last

    2%
  6. Bank branches fall in 2016, degree of concentration highest in EU
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyBanking

    percent), Netherlands (84.7 percent) and Malta (80.2 percent), ECB data showed. In contrast, the lowest

    2%
  7. Net job hirings reach new high of 89,534 in May, 5-month figure a record
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The employment balance stayed positive in May 2017 with net hirings climbing by around 13,000 to 89,534 from 76,591 a year ago, data from the Labour Ministry’s Ergani information system revealed on Wednesday. This year’s figure is the highest positive reading for May since 2001. It is worth noting

    2%
  8. Trade deficit falls 14.3 pct in April as exports grow and imports drop
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit fell by 14.3 percent in April after strong growth of 36.2 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The decline in April reflects a rise in exports by 9.7 percent, coupled with a drop in imports by 2.3 percent. Exports

    2%
  9. Industrial production edges up 1 pct in April after double-digit growth in previous two months
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) edged up by 1 percent in April after upward revised growth of 10.1 percent in March, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. Although the headline figure for April is the seventh successive positive reading, it is the lowest

    2%
  10. Car sales drop 2.5 pct in May for second successive month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Road motor vehicles (going into circulation for the first time) continued heading south for the second straight month in May but at a slower pace of 2.7 percent after a drop of 7.5 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Friday. However, car sales stood at 16,826

    2%