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Industrial Production Index in negative territory for the year, at -2.2 pct in April
EconomyMacroeconomy2.7 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT... and February, the 4-month index shows a marginal drop of 0.3 percent compared to -2.6 percent... sections showed a slight drop ranging from 0.1 to 0.6 percent. The main industrial groupings showed
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Greek unemployment falls for seventh straight month, down to 25.7 pct
EconomyMacroeconomyand to a lesser extent a marginal drop by 0.1 percent MoM in the number of unemployed. The MoM rise... of unemployed showed a significant slowdown compared to the 1.3 to 1.8 percent drop posted... of drop for unemployed, which fell to -9 percent in September from -8.3 percent in August. Similarly
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Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership
EconomyMacroeconomy. For the whole year the time deposit rate recorded a drop of 100 bps on the end-2013 figure of 2.82 percent. Unlike the further drop in the deposit rate in December, the competitive yield of the 3- and 6-month... deposit rate will stall in the beginning of the year. Despite the sharp drop, the Greek time deposit
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Unemployment unchanged at 25.6 pct in Mar but number of employed still falling
EconomyMacroeconomyrate reflects a drop in the number of employed and unemployed by 0.5 and 0.4 percent month on month (MoM) respectively. The movement in the jobless figure represents a MoM drop for the tenth straight... a cumulative drop of 23.5 percent or 1,083,000 fewer employed since 2008. The number of unemployed
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Retail sales nosedive by 8.7 pct in July amid capital controls
EconomyMacroeconomypercent 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
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Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
EconomyMacroeconomypercent 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
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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomyon 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
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Industrial turnover drops by 7.4 pct in October
EconomyMacroeconomya 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
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Industrial turnover drops by 30.4 pct in May
EconomyMacroeconomyGreece’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
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Industrial turnover drops by 10.7 pct in September on decline in petroleum products
EconomyMacroeconomyto 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
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