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Greek deflation slows to 1.5 pct in January
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) slowed to 1.5 percent in January from 1.7 percent... eased 1.2 percent due to a double-digit drop (-15.1 percent) in clothing and footwear most likely... as education are the two sectors mostly hit by deflation showing a drop ranging from 3.9 to 4.3 percent
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Greek retail sales dive 8.5 pct in May after brief rise in April
EconomyMacroeconomyin April. The rate of drop in May retail turnover indicates the highest negative reading since... reason, the month on month (MoM) evolution showed a drop in May retail turnover and volume by 7.2... as furniture, electrical and household equipment posted the highest YoY drop at -17.8 and -11 percent
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OECD report paints grim picture for Greece's labour market
EconomyMacroeconomy, following a 4.8 percent drop in 2012, 8.8 percent in 2011 and 6.9 percent in 2010. Except 2012... an economic adjustment program, Spain also showed a drop in each of the 4-year period ranging from -1.1 to -2.5 percent, while the respective drop in Ireland stood at slightly higher levels, between
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ELSTAT survey finds 2013 household budgets devastated, inequality persists
Societyexpenditure by sub-categories revealed that the highest YoY drop in 2013 was posted in liquid fuels (-17.56... drop. On the flipside, expenditure for medicines (+5.11 euros), cafes (+3.68 euros) and tobacco (+3.4... consumption showed a slight increase of 1.2 percent and natural gas a drop of 3.2 percent. In addition
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Slight uptick in October for Greek PMI, which remains in contraction
EconomyMacroeconomydecreased in October with production posting a drop, albeit marginal, for the third time in the last... to September. The survey also indicated a sharp drop in stocks of purchases, while stocks of finished... and a further drop in manufacturers’ charges. The movement in purchase prices reversed a marginal drop
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Greek industrial production drops for eighth straight month but at slower rate
EconomyMacroeconomyin October, when it fell at a slower pace of 0.7 percent after a downward revised 4.9 percent drop... for the 10-month period displayed the drop in industrial production slightly decelerated to 3.1 percent, from 3.4 percent in the 9-month period, mainly reflecting a continued double-digit drop in electricity
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Greek trade deficit drops by larger rate of 27.2 pct in Feb
EconomyMacroeconomyattributed to a 14.6 percent drop in imports, while exports showed a much slower decline at -2.7... lower than the 16.3 percent drop recorded in January. In absolute terms, imports amounted to 3.45... percent, while imports retreated by 6.7 percent resulting in a slower drop of trade deficit to -22 percent
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Unemployment rate eases to 25.4 pct in Feb, as number of unemployed falls
EconomyMacroeconomypercent in February from 1.2 percent in January and an increased rate of drop in the number of jobless... percent in February. The jobless rate among women showed a slower drop by 1.6 pp YoY to 29.1 percent... (25-34 years) and (35-44 years) also showed a marked drop by almost 5 pp to 31.3 percent and by 2.5 pp
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Current account surplus widens to 838 mln in Sept on shrinking goods deficit
EconomyMacroeconomya higher drop in imports (-22.8 percent) compared to that of exports (-14.7 percent) amid capital... of 22.2 percent in the goods deficit in the 9-month period is attributed to a larger drop... in the 9-month period largely reflects a drop in net transport receipts, while travel receipts improved
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Current account deficit more than halves to 708 mln in March
EconomyMacroeconomyoffset a drop in the services surplus by 124 million. The breakdown showed the decline in the goods... slightly improved. Meanwhile, the drop in the services’ surplus is mostly attributed to a sharp decline.... The year-on-year improvement in Q1 stems from a notable drop in the goods’ deficit by 870 million
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