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Industrial turnover down by 7.6 pct in January
EconomyMacroeconomyGreece’s industrial turnover fell by 7.6 percent year-on-year (YoY) in January, deepening from a fall of 0.9 percent seen in December, Hellenic Statistical Authority (ELSTAT) data published on Wednesday showed. The latest figure is the second consecutive negative reading. Throughout 2018 excluding
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Travel balance rises to 66 mln in January
EconomyMacroeconomyGreece’s travel balance rose notably in January with a surplus of 66 million compared to 13.5 million a year ago, Bank of Greece (BoG) data has shown. Receipts came to 232.4 million euros for the month, increasing by 53.2 percent year-on-year (YoY). Travel payments also rose by 20.4 percent
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Talks on primary residences continue as bill proceeds through Parliament
EconomyProgrammeit if the Bank of Greece does not object. According to data provided by Greek banks
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Mitsotakis targets undecided, young voters as he banks on anger to end SYRIZA's reign
PoliticsGreek Politicsis only at 51 percent, compared to 79 percent for New Democracy. The data suggests that 20 percent
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Retail turnover falls by 2.3 pct in Jan
EconomyMacroeconomyGreece’s retail sales index declined by 2.3 percent in January after a downward revised fall of 0.2 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Friday. January’s figure is the second consecutive negative reading. The average retail turnover for 2018 stood at 2
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Newsletter 201 -21/04/2019
stepped up to recover amounts, the data also revealed that a total of 42,877 debtors (1.1 percent
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Trade deficit drops by 3.5 pct in Feb
EconomyMacroeconomyGreece’s trade deficit fell by 3.5 percent year-on-year (YoY) in February, compared to an increase of 5.1 percent in January, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed. The deficit stood at 1.65 billion in February compared to 2.16 billion in January. Imports
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Industrial production up by 2.3 pct in Feb
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) grew year-on-year (YoY) by 2.3 percent in February compared to an upward revised increase of 4.2 percent in January, Hellenic Statistical Authority (ELSTAT) data revealed on Tuesday. The index has stayed positive for four consecutive months so far, after
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In first decline for six months, March car sales drop by 9.5 pct
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time fell by 9.5 percent in March compared to an increase of 15.7 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. In March 2018, the year-on-year rise had stood at 23.9 percent. The latest figure
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IMF maintains outlook for economy, Athens readies scheme for unpaid taxes and contributions
EconomyProgrammeThe International Monetary Fund (IMF) published on Tuesday its latest edition of the World Economic Outlook (WEO) ahead of the Spring Meetings that take place in Washington this week, leaving its projections for Greece’s key macro data unchanged from the first post-monitoring report issued in mid
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