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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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Industrial turnover drops by 14.4 pct in October
EconomyMacroeconomyGreece’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
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Industrial turnover drops by 12.2 pct in January
EconomyMacroeconomywith 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
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Loverdos cosies up to DIMAR but future of Greek centre left remains in doubt
PoliticsGreek PoliticsOne 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...
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Unemployment creeps up to 27.6 pct in July; little tourism boost evident
EconomyMacroeconomyThe 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...
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Greek primary surplus at 400 mln to Oct but arrears keep piling up
EconomyMacroeconomyThe Greek general government (gg) cash deficit to October fell by 50.8 percent to 4.41 billion with the gg cash primary surplus landing at 1.38 billion from 2.53 billion last year, the Ministry of Finance (MoF) said on Tuesday. Similar to previous month...
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Unemployment rate inched up again in Sept to 27.4 pct
EconomyMacroeconomyThe seasonally adjusted unemployment rate in September rose marginally to 27.4 percent, from 27.3 percent in August, according to data released by the Hellenic Statistical Authority (ELSTAT). The September rate is now just under the historic high of 27....
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Key Greek election date firms up; turnout could prove crucial
PoliticsGreek PoliticsThe date for what is certain to prove one of this year’s watershed moments has been set: the European Parliament elections and the second round of voting in Greece’s local polls will take place on May 25. It had initially been thought that the European ...
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Manufacturing PMI edges up for second month in a row
EconomyMacroeconomyGreece’s Manufacturing PMI improved by 0.1 points for the fourth straight month in February reaching 51.3 points from 51.2 in January, according to Markit. The headline figure remained above the 50-point mark for the second consecutive month mainly led ...
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