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Building activity down again in September but at slower rate of -11.2 pct
EconomyMacroeconomyΤhe number of building permits issued in Greece continued to drop in September, albeit... Authority (ELSTAT). The respective surface figure posted a moderate drop by 2.6 percent, while volume... breakdown showed the highest drop was posted in Thessalia and Attica, at 28.8 and 28.5 percent
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Greek unemployment drops slightly to 25.8 pct in October on lower jobless
EconomyMacroeconomypercent in September. The recorded drop in the October rate is mainly attributed to a 1.1 percent...) above that of men (23.1 percent). Despite an almost 7 pp drop YoY, youth unemployment (15-24 years.... Five years earlier it was at 27.5 percent. The YoY drop in the next two age groups (25-34 and 35-44
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Greek time deposit rate down to 1.88 pct in November, lowest since euro entry
EconomyMacroeconomyaccessed the euro area in 2002. The year-to-date (YtD) drop in the time deposit rate reached 94 bps... rate in the other comparable countries such as Portugal and Italy. The drop in the time deposit rate... in November extending the year to date drop above the 60 bps mark. The most important change
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Greek CPI dives 2.6 pct in December as deflation deepens to 1.3 pct in 2014
EconomyMacroeconomythe 2.9 percent drop posted in November 2013. The monthly evolution showed that the CPI slipped... groups of goods and services recorded a year on year (YoY) drop in prices in December with the most... exceeded the Greek government and troika updated estimates for a CPI drop of 0.8 to 1 percent for 2014
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Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
Economya drop in revenues by 17.7 percent and seasonally high primary (+1.5 billion MoM) as well as Public... higher drop (-3.7 percent) to 46.62 billion, 3.53 billion short of target. Although increasing MoM... billion, 424 million short of target. That performance was mitigated by a minor drop in 2014 PIB
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Greek retail turnover index down 1.6 pct in November
EconomyMacroeconomycategories displayed mixed trends. Food, beverages and tobacco recorded a double-digit drop (-10.6 percent... showed retail turnover an volume slipped by 0.8 and 0.3 percent respectively. The highest drop... the sharp drop in household disposable income by more than 28 percent on heightened unemployment
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Greek Manufacturing PMI down to 48.3 pts in January, reaches 15-month low
EconomyMacroeconomy, manufacturers’ selling prices recorded a substantial drop similar to that evident in December. Moreover, the average input prices fell for the first time in the last four months, indicating the most marked drop... was reportedly a factor behind the sector’s worsening performance”, while the drop of the headline figure
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Trade deficit plunges by 21 pct in January as exports and imports fall
EconomyMacroeconomyAugust at 1.23 billion. The movement in January reflects a drop in both exports and imports by 12.8.... The rate of the drop is the highest since April 2014. January exports stood at 1.86 billion euros... 2014, shows the biggest drop since March 2013. In absolute terms, imports reached 3.13 billion
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Greek central gov’t cash surplus shrinks 70 pct to 503 mln by February
EconomyMacroeconomydrop of 29.9 percent in January, while February revenues rebounded by 3.4 percent. The preliminary budget execution figures published by the MoF on Friday displayed a slower drop in revenues by 7.3... drop in budget expenditure was at 7.5 percent. Unlike revenue and expenditure items, BoG and MoF
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Retail sales down by 2.6 pct in January for third straight monthly decline
EconomyMacroeconomyit declined by 2.6 percent from a revised 3.8 percent drop in December, according to the Hellenic... the highest MoM drop in January was posted by books, stationery and other goods (-36.6 percent) followed... than 30 percent on the back of a similar drop in household disposable income mainly reflecting
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