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Greek PMI falls again in July, dropping to 48.7 points
EconomyMacroeconomyGreece’s Manufacturing PMI headed south for the second successive month in June, easing by 0.7 points to 48.7 in July from 49.4 in June, according to Markit. This was the lowest reading since October 2013, pointing to a further deterioration in the over...
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Greece sees travel receipts rise again in July to reach 2.74 bln
EconomyMacroeconomyGreece's travel receipts increased for the second straight month in July, rising by 14.4 percent, according to the Bank of Greece (BoG). They were up 16.3 percent in June. The absolute figures showed travel receipts reached 2.74 billion euros in July fr...
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Deflation rises again in Greece: CPI down by 0.8 pct in September
EconomyMacroeconomyDeflation in Greece resumed an upward trend in September with the Consumer Price Index (CPI) easing by 0.8 percent from 0.3 percent in August, according to the Hellenic Statistical Authority (ELSTAT). However, the CPI rose by 2.1 percent month on month ...
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Travel receipts up again in September, reaching 2.3 bln
EconomyMacroeconomyGreece's travel receipts grew for the fourth straight month by 10.9 percent to 2.28 billion euros in September, according to the Bank of Greece (BoG). At the same time, travel payments fell by 3.4 percent to 182 million. As a result, the travel surplus ...
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Greek economic sentiment and consumer confidence up again in November
EconomyMacroeconomyGreece’s economic sentiment rose for the second consecutive month in November, increasing to 102.7 from 102.2 in October, according to the European Commission (EC). The November ESI figure is the fifth reading above the 100-point mark in 2014 and the th...
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Greek banks' Eurosystem funding rises again in November, up by 1 bln
EconomyMacroeconomyGreek banks’ Eurosystem funding increased for the second straight month in November, when it rose by 1 billion euros, according to the Bank of Greece's (BoG) monthly financial statement on Wednesday. The monthly movement fully reflects a similar change ...
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Building activity down again in September but at slower rate of -11.2 pct
EconomyMacroeconomyΤhe number of building permits issued in Greece continued to drop in September, albeit at the slower pace of -11.2 percent compared to -19.9 percent in August, according to the Hellenic Statistical Authority (ELSTAT). The respective surface figure poste...
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Greek industrial production on the up again in November, rising by 2.3 pct
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) increased by 2.3 percent in November following a downward revised 0.4 percent drop in October, according to the Hellenic Statistical Authority (ELSTAT). This was the first positive reading since February, when...
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Industrial turnover dips again in November after upswing in two previous months
EconomyMacroeconomyAfter rising in the previous two months, the Turnover Index in Industry fell by 0.7 percent in November from an upward revised 4.6 percent increase in October, according to the Hellenic Statistical Authority (ELSTAT). This is the second industrial turno...
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Drop in Greek CPI decelerates again to 2.1 pct in March
EconomyMacroeconomyThe drop in the Greek consumer price index (CPI) decelerated for the second straight month to 2.1 percent in March from 2.2 percent in February, according to the Hellenic Statistical Authority (ELSTAT). The harmonised index of consumer prices (HICP) fel...
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