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  1. Retail sales nosedive by 8.7 pct in July amid capital controls

    EconomyMacroeconomy

    percent drop in June, the Hellenic Statistical Agency (ELSTAT) said on Wednesday. The July rate... displayed eight of the nine specialised store categories posted a drop. The highest was furniture..., while supermarket sales recorded the lowest drop (-2.3 percent). The comparison with the previous month

    6%

  2. Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    percent drop in Q3, the Hellenic Statistical Authority (ELSTAT) flash estimates showed on Friday... a drop of 1.5 percent. GDP at current prices slipped 0.7 percent QoQ in Q4, at a slower pace compared to the Q3 drop decrease of 1 percent. In addition, Q4 GDP declined 2 percent YoY, decelerating

    6%

  3. Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
    Photo by MacroPolis

    EconomyMacroeconomy

    on quarter (QoQ) in the second quarter (Q2) of 2016 after a revised drop by 0.1 percent in Q1, Hellenic... in Q2 after a revised flat growth in Q1, while it increased by 0.8 percent YoY, after a drop of 0.8... the 1.9 percent QoQ drop recorded in Q1. Three of the four business indicators displayed a deteriorating

    6%

  4. Industrial turnover drops by 7.4 pct in October
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    a marginal drop of 0.6 percent in September, Hellenic Statistical Authority (ELSTAT) data published... and quarrying, followed by 7.2 percent drop in the manufacturing index. Industrial turnover... percent. The drop in the domestic market was driven by mining and quarrying lower by 12.9 percent

    6%

  5. Industrial turnover drops by 30.4 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s industrial turnover fell by 30.4 percent year-on-year (YoY) in May compared to a drop.... The monthly performance was led by a 30.5 percent drop in manufacturing, followed by a decline of 23.5... percent, while the turnover in the domestic market fell by 28.3 percent. The drop in the domestic

    6%

  6. Industrial turnover drops by 10.7 pct in September on decline in petroleum products
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    to a revised drop of 15 percent in August, Hellenic Statistical Authority (ELSTAT) data published... was led by a 10.8 percent drop in the manufacturing index. The turnover index in mining and quarrying... the turnover in the domestic market fell by 9.1 percent. The drop in the domestic market was driven

    6%

  7. Industrial turnover drops by 14.4 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s industrial turnover fell by 14.4 percent year-on-year (YoY) in October compared to a drop... by a 14.6 percent drop in the manufacturing index. The turnover index in mining and quarrying decreased... the turnover in the domestic market fell by 14 percent. The drop in the domestic market was driven by a fall

    6%

  8. Industrial turnover drops by 12.2 pct in January
    Photo by MacroPolis

    EconomyMacroeconomy

    with a revised drop of 3.6 percent in December. The reading is the 12th straight decline, and the biggest drop... on Friday. The decline in January was led by a 21 percent drop in the mining and quarrying index... percent. In the domestic market, January’s drop in industrial turnover was driven by a 16.6 percent

    6%

  9. Loverdos cosies up to DIMAR but future of Greek centre left remains in doubt

    PoliticsGreek Politics

    One of the key factors that will determine developments in Greek politics over the months and years to come is what is going to happen in the centre-left part of the spectrum. There have been backchannel discussions on the subject between PASOK, Democra...

    6%

  10. Unemployment creeps up to 27.6 pct in July; little tourism boost evident
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    The seasonally adjusted unemployment rate in July edged marginally higher to 27.6 percent from 27.5 percent in June, according to data released on Thursday by the Hellenic Statistical Authority (ELSTAT). Despite the reduction in the number of unemployed...

    6%