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  1. Industrial turnover up by 8.1 pct in June for eighth consecutive rise
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    trailing index up by 10.3 percent, also reflecting a weak performance in the second half of 2016... and quarrying which increased by 11.9 percent. It is noted that this sector makes up a fraction of the total... with energy increasing by 13.5 percent. Intermediated goods were up by 9.3 percent, capital goods

    22%
  2. Apartment prices up by 4 pct in Q1 for highest increase since 2007

    EconomyMacroeconomy

    by 1.7 percent, picking up against the rise of 0.8 percent between Q3 and Q4 2018. On average in 2018... to a decrease of 1.2 percent in 2017. Properties up to five years old saw price increases of 4 percent compared to an increase of 2.5 percent in Q4. Across 2018, prices of properties up to five years old

    22%
  3. Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
    Photo by Panayotis Tzamaros/Fosphotos

    Features

    in 2019, the INSETE noted that tourist arrivals could drop by up to 7 percent in 2019. In a publication... per person amounted to 526.70 euros, edging up slightly by 0.8 percent year-on-year. This stemmed... also highlighted how the crisis has impacted domestic tourism. Using data from ELSTAT up to 2017

    22%
  4. Retail turnover rises by 2.3 pct in June, volume up by 2.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    drop of 1.9 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday.... The corresponding volume index also rose by 2.3 percent after a revised drop of 2.2 percent in May... and stationary at 7.6 percent and supermarkets at 4 percent. Automotive fuel sales were up 1.8 percent. Those

    22%
  5. General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    time last year showed a surplus of 1.09 billion. A drop was also seen in local governments, where... in three out of six underlying subcategories. The biggest decrease came from SSFs with a drop of 22... (-38 million). At 37.1 percent of the total tax refunds make up the majority of the arrears

    22%
  6. Industrial production up 10.1 pct in Aug, marking 10-month recovery
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    percent rise in manufacturing. The water supply index was also up by 4.3 percent. These were partially offset by a 7 percent drop in mining and quarrying. Up to August, the IPI has increased by 9.5 percent... (MoM), the index recorded a sharp drop of 13 percent, from a 9.4 percent monthly rise in July

    22%
  7. Building activity returns to growth in Sep, up 9 pct in 9M
    Image: MacroPolis

    EconomyMacroeconomy

    a drop of 4 percent in August, according to the data released by the Hellenic Statistical Agency..., with the biggest rise noted in the Ionian islands with 72.4 percent, and the largest drop in Thessaly... were issued in Western Macedonia with 35. During the first nine months of the year, permits were up

    22%
  8. Energy pushes import prices up by 11.4 pct YoY in Mar, highest since Dec 2022
    Image: https://flic.kr/p/4nopDC

    EconomyMacroeconomy

    the non-eurozone market, and a 1.6 percent drop from the eurozone market. Refined oil products jumped by 52.5 percent, oil and gas were up by 36.5 percent and basic metals up 5.7 percent. The monthly movements were led by refined oil products with a 69.2 percent rise, oil and gas up by 48.7 percent

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  9. Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July

    EconomyMacroeconomy

    this year’s figure exceeded target. The 7-month item reached 28.24 billion, up 2 percent. More... in July. Nevertheless, the 7-month figures still indicate a year on year drop of 2.2 and 4.4 percent... on year. The 7-month figures indicate a drop of 17.6 and 0.6 percent respectively. Note

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  10. Banks gear up for stress tests, with results due in May

    EconomyBanking

    growing by a steady rate of 0.9 to 1.1 percent, residential real estate values will drop marginally... percent each year to 2020. In the adverse scenario, GDP is assumed to drop by 1.3 percent in 2018... the baseline. On prices, a resumption of deflation is assumed up to 1.8 percent in 2020, 5.7

    22%