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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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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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