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  1. Greek exports rise by 6.6 pct in November to trim trade deficit
    Photo by MacroPolis

    EconomyMacroeconomy

    The drop in Greece’s trade deficit accelerated to 10.7 percent in November after easing by 4.4.... The double-digit drop of 10.7 percent is the third highest this year and reflects an increase in exports... drop (-8.4 percent) mainly on account of lower export growth (+0.9 percent), while imports fell

    5%

  2. Fall in Greek building activity accelerates to 19 pct in October

    EconomyMacroeconomy

    figures for October showed a milder drop, at -13 and -6.5 percent respectively. The aggregate figures... 65,500 in 2008, almost three times the GDP drop in this period. In addition, although other business... activity, showed they fell 7 percent in Q3 2014 with a cumulative drop of 37.4 percent since Q3 2008

    5%

  3. Greek apartment prices down 5.8 pct in Q4 2014

    EconomyMacroeconomy

    The drop in apartment prices in Greece decelerated for the sixth successive quarter to 5.8 percent... and 91 percent respectively over the last six years. The biggest YoY drop in appraisals was posted... a further drop in building permits by 18 percent clearly indicating that a rebound is not in sight

    5%

  4. Greek industrial turnover plummets by 8.9 pct in Dec as manufacturing suffers

    EconomyMacroeconomy

    Authority (ELSTAT). This is the second highest monthly drop and the seventh negative reading in 2014... respectively. The drop for the non-domestic market showed mixed trends. Industrial turnover for non... of the five main industrial groupings recorded a drop in industrial turnover in December with the highest

    5%

  5. Greek CPI drops at slower rate of 2.2 pct in Feb for 24th straight month of deflation

    EconomyMacroeconomy

    The drop in the Greek consumer price index (CPI) decelerated to 2.2 percent in February from 2.8... in mid-January and lasted until the end of February. The largest MoM drop was recorded in clothing... of CPI YoY changes by sector displayed the biggest drop was recorded in housing (-7.1 percent

    5%

  6. Industrial turnover falls for 5th straight month in March at decelerating 2.9 pct

    EconomyMacroeconomy

    The Turnover Index in Industry fell for the fifth successive month, yet the rate of drop... a broadly similar drop in both the manufacturing (-2.9 percent) and the mining and quarrying turnover (-3.2... drop by 2.9 percent. The regional breakdown for March showed mixed trends. The industrial turnover

    5%

  7. Industrial production down by 4 pct in May after three successive rises

    EconomyMacroeconomy

    a drop in May with the biggest in mining and quarrying production (-15 percent) followed by electricity... by sector displayed a sharp drop in motor vehicles and trailers (-36.5 percent), mining of coal... the seasonally adjusted IPI contracted 4.9 percent month on month (MoM) in May after a 2 percent MoM drop

    5%

  8. Rare rebound for retail trade with 2.5 pct rise in May
    Photo by MacroPolis

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index rose by 2.5 percent in May following a 3.1 percent drop.... The highest MoM drop was posted by food, beverages and tobacco (-9.5 percent), books, stationery... a double digit drop since 2009. The latest retail business indicators published by the European

    5%

  9. Greek deflation decelerates to 1.5 pct due to VAT rate hikes
    Photo by MacroPolis

    EconomyMacroeconomy

    by 1.2 percent. Since then, the CPI decrease ranged between 2.1 to 2.8 percent. The slower drop... a drop by 0.4 percent from 1.3 percent in July. The August figure indicates the lowest reading over... groups. The biggest drop was recorded in housing (-7.3 percent) followed by clothing and footwear

    5%

  10. Growing hopes that Greek recession will be milder than expected

    Economy

    (+0.1 percent), more than offsetting a sharp drop in investments (-10.6 percent). The provisional... 5. The breakdown showed a drop in private consumption by 1.6 percent in 2015, exports by 1.5 percent... by 1.5 to 2 percent this year, on the back of a drop in private consumption by 1.5 to 2 percent

    5%