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Greek CPI falls at slower pace of 0.7 pct in July
EconomyMacroeconomyThe drop in the Consumer Price Index (CPI) decelerated for the second straight month to 0.7 percent...). The July reading indicates the slowest drop in the CPI so far in 2014 and since July 2013. Greece has been... in the harmonized CPI, which slipped 0.8 percent year on year and 1 percent month on month. The year on year drop
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Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near
EconomyMacroeconomythe estimates for a -0.4 percent drop. The first quarter was revised downwards to -1.1 percent from -0.9.... The largest drop in second quarter economic activity was recorded in 2011 with a decline of 8 percent, followed by a drop of 7.4 percent in 2012 and 4 percent last year. The Greek economy plummeted
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Industrial production drops 2.1 pct in July but rate of decline slows
EconomyMacroeconomyThe rate of drop in the Greek Industrial Production Index (IPI) slowed to 2.1 percent in July after... production recorded a double-digit drop (-12.2 percent), while water supply production slipped 1.1... the sharpest drop (-33.2 percent) in July, following a series of strong positive performances
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Building activity falls 10.7 pct in June after brief rise in May
EconomyMacroeconomyat an accelerating pace of 17.9 and 39.9 percent respectively. The year on year drop in June building permits... the highest drop at 27.8 and 27.1 percent respectively. In contrast, permits in South Aegean and Crete soared... 7.3 percent in Q2, while the cumulative drop stands at 36.3 percent from the peak posted in Q3 2008
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Greek primary budget surplus to August narrows to 1.95 bln on lower revenues
Economyin July. This is mainly attributed to a month on month (MoM) drop in revenues to 3.51 billion, broadly... billion. The rate of drop in revenues (excluding tax refunds) accelerated to 19 percent in August... by 0.6 percent in August. However, the 8-month figure points to a 5.1 percent drop to 27 billion
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Greek trade deficit widens by 29.4 pct in July as import rate soars
EconomyMacroeconomylast year. The evolution in July reflects a slight drop in exports by 1.1 percent and an increase... rate stems from a drop in exports by 4 percent and a rise in imports by 2.2 percent. The absolute..., the 7-month exports recorded a slightly slower drop at 2.9 percent, while imports showed a higher
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Apartment prices fall at slower rate of 7 pct in Q3
EconomyMacroeconomynegative reading since Q2 2011. BoG data also showed that the drop in appraisals significantly... in 2013. Appraisals also relate to the evolution of building activity, which posted a cumulative drop..., incorporated in ECB comprehensive assessment for Greece, point to a further drop by 7.7 percent
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Greek deflation eases slightly to 1.2 pct in November
EconomyMacroeconomyThe drop in Greek consumer prices slowed to 1.2 percent in November from 1.7 percent in October... and communication, remained almost flat YoY. In contrast, the sharpest drop in prices was posted.... Although easing to 1.2 percent in November, the 12-month trailing index firmly indicates a drop above
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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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