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  1. Trade deficit climbs for second straight month in May, rising by 12.5 pct
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    pace, increasing by 12.5 percent in May after a 21 percent rise in April, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The headline figure for May is the third positive reading so... billion euros respectively in May, while the trade deficit reached 1.51 billion. The breakdown continued

    9%

  2. Industrial turnover plunges 13.4 pct in May for fifth successive double-digit drop

    EconomyMacroeconomy

    Greece’s Turnover Index in Industry continued its downswing in May, diving by 13.4 percent after... period last year. The sharp decrease in May is attributed to a nosedive in manufacturing turnover..., turnover in mining of coal and lignite plummeted by 75.3 percent in May followed by computers, electronic

    9%

  3. Car sales drop 2.5 pct in May for second successive month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for the second straight month in May but at a slower pace of 2.7 percent after a drop of 7.5 percent in April... in May, which is the second highest reading since June 2010, after a recent high of 17,290 a year ago. Passenger cars fell at a sharper pace of 6.5 percent in May following a broadly similar drop of 7.3

    9%

  4. Industrial turnover soars 19 pct in May for seventh successive month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Turnover Index in Industry climbed at an accelerating pace by 19 percent in May, after... on Thursday. The May headline figure is the seventh successive positive reading and the third highest.... The strong performance in May is largely attributed to a solid growth in manufacturing turnover of 18.8

    9%

  5. Unemployment at 21.7 pct in May after revised April figure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment edged down to 21.7 percent in May from an upwardly... to April to total 1.04 million. The labour force fell slightly to 4.78 million in May, which... to 21.6 percent in May from 21.4 percent in April on the back of an increase in unemployed by around

    9%

  6. Building activity up by 45.7 pct in May, highest since Dec 2005
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    increased by 45.7 percent in May, comfortably reversing the decline of 0.9 percent noted in April... year-on-year rise in permits since December 2005. The absolute figure of permits totalled 1,237 in May... a disproportionately high positive or negative growth rate. For the five-month period from January through to May

    9%

  7. Industrial production grows by 1 pct in May, up by 0.2 pct in first five months of the year
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) rose by 1 percent in May, slowing from an upward revised... index. A decrease of 1.1 percent was noted in the water supply production index During May, positive...). The seasonally adjusted IPI edged up by 0.5 percent, and came to 94.93 for May. The aggregate

    9%

  8. Retail index jumps 5.3 pct in May led by fuel and supermarket sale
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales index increased by 5.3 percent in May, accelerating from the growth of 0.8... month this year that volume fell into negative territory. Compared to May last year, the main rises... percent. The seasonally adjusted (SA) retail sales index in May rose by 1.1 percent month-on-month to 74.2

    9%

  9. Trade deficit jumps by 56 pct in May
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit rose significantly by 56 percent (YoY) in May compared to a fall of 5.2.... The deficit stood at 2.19 billion euros in May compared to 1.65 billion in April. Imports continued..., the trade deficit increased by 25.2 percent YoY in May. The aggregate figure for the first five months

    9%

  10. Industrial production falls by 1.2 pct in May
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) dropped year-on-year (YoY) by 1.2 percent in May..., a rise of 2.1 percent was seen in the manufacturing index. During May, four out of five main... points in June from 54.2 points in May. June’s reading signals the lowest reading since November 2017

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