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Rebound in Q4 by 1.4 pct brings 2014 disposable income down 3.2 pct
EconomyMacroeconomyincrease in compensation of employees more than offsetting a drop in social contributions... flexible forms of work. Social security contributions and benefits recorded a slightly higher drop... for 2014 displayed a low single-digit drop by 2.2 percent. At the same time, property income posted
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Downturn in retail trade eases to 0.4 pct in March
EconomyMacroeconomypercent. The breakdown by sector of retail turnover showed a MoM drop in clothing and footwear (-10.3... years, the highest drop was recorded in furniture and electoral and household equipment (-45.5 percent..., turnover in automotive fuel posted a single-digit drop (-8.8 percent) supermarkets’ sales decreased
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Greek CPI falls by 2.1 pct in May, same as April
EconomyMacroeconomyThe rate of drop in the Greek consumer price index (CPI) was unchanged in May, when it remained... in the first ten days of the month. This is mainly demonstrated in the 12.1 percent MoM drop in clothing... and the large drop in oil prices. In their latest updated forecasts, the European Commission
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Most services in Greece see turnover improve in Q1
EconomyMacroeconomyand accounting services (+11.9 percent). On the flipside, the 3 service activities that posted a drop in Q1.... In particular, the highest QoQ drop was posted by architectural and engineering activities (-55.6 percent... (+5.2 percent). On the flipside, the highest drop since Q1 2011 was recorded in architectural
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Credit contracts by slower rate of 2.1 pct in May
EconomyMacroeconomy, according to the Bank of Greece (BoG). The May headline figure is the slowest drop since August 2011... in May from 2 percent in April. The headline figure for May indicates the lowest drop since November... in shipping due to transfer of loans. Unlike corporates, the drop in loans to sole proprietors accelerated
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PMI falls to 46.9 pts in June in ten straight months of contraction
EconomyMacroeconomya sharp decline in new orders at an accelerating pace leading to a drop in production at the fastest..., as well as in consumer and investment. A sharp and accelerated drop was posted in new orders led... that although sold, the rate of drop in output prices was the slowest over the past nine months. Markit
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Retail turnover fall accelerates to 3.3 pct in April
EconomyMacroeconomyStatistical Agency (ELSTAT). The April headline figure is the highest drop since December 2014..., which eliminate the impact of monthly seasonal effects, showed a drop in retail trade by 3 percent... and property taxes. The highest drop over this 6-year period was posted in furniture and electoral
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Unemployment rate slips to 25.6 pct in April, lowest since July 2012
EconomyMacroeconomywith a drop in the number of jobless by 1 percent compared to March. The drop in the number of unemployed.... The respective breakdown by age group showed a drop in the unemployment rate by more than 2 pp YoY
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Credit contracts at slower pace of 1.7 pct in June, monthly loan flow positive
EconomyMacroeconomydeductions of 16 million. The segmental breakdown displayed the drop in the corporate lending further... September 2014. Balance slightly rose month on month to 25.82 billion, yet they imply a drop of 2.3... balances have declined by more than 19 percent over this 4.5-year period. The sharpest drop has
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Trade deficit shrinks by 14.1 pct in June as fall in imports outpaces export decline
EconomyMacroeconomyterms, trade deficit stood at 1.48 billion euros in June. The double-digit drop reflects a higher... deficit contracted by 11.6 percent on the back of a drop in both imports and exports by 6.1 and 1.8... drop (-9.1 percent) with imports and exports showing reversed trends compared to the performance
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