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  1. PMI edges up to 49.4 points in August, employment rises
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    manufacturing sector was showing some signs of recovery after the sharp drop earlier in the year. The increase

    2%

  2. Data shows export market shake-up amid pandemic
    Photo by MacroPolis

    EconomyFeatures

    from 38th place. The drop in petroleum product exports and imports is linked to the decline

    2%

  3. Industrial production drops by 0.2 percent in July
    Photo by MacroPolis

    EconomyMacroeconomy

    drop in the electricity supply index, followed by the mining and quarrying index (-4.4 percent

    2%

  4. ​Wages index up by 3.8 pct YoY in Q2 2020
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index turned positive by 3.8 percent year-on-year (YoY) in the second quarter (Q2) of 2020, following a drop of 0.2 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures revealed on Friday. The annual index showed the highest YoY increase since Q4

    2%

  5. Turnover in services shows year-on-year deteriorations in Q2
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    are not seasonally adjusted. Over the last five years, the figures revealed that the largest drop since

    2%

  6. Loans under credit servicing firms edges down by 0.4 pct QoQ to 30.90 bln in Q2
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyBanking

    proprietors and unincorporated partnerships came to 5.53 billion, representing a drop of 3.2 percent

    2%

  7. BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
    Photo via http://www.delphiforum.gr/

    Economy

    for the first six months of 2020 is better than the 9 pct drop observed in the rest of the eurozone

    2%

  8. Tourism boosted GDP by up to 33 pct in 2019, but low arrivals in 2020 could see economy shrink by 10 pct

    EconomyFeatures

    tourism will come to 3.5 billion euros or just 2.5 percent of GDP. This represents a drop in tourism

    2%

  9. Retail turnover drops by 3 pct in July for fifth straight negative reading
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales index decreased by 3 percent in July following a downward revised drop of 3.3 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The latest month’s reading is the fifth consecutive negative reading in as many months. The corresponding volume

    2%

  10. PMI rises to 50 points in September, signalling stabilisation
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    of logistical issues. At the same time, a further drop in purchasing activity drove pre-production

    2%