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Consumer price index turns positive in February with 0.1 pct rise
EconomyMacroeconomy, education and hotels and restaurants. These were partially offset by prices drop in various food... and recreation. The month-on-month drop of 0.1 percent is attributed to price drops noted in alcohol and tobacco, clothing and footwear by 5.4 percent due to the winter sales, a price drop in heating
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Turnover in services sector shows improvements in Q4 2017
EconomyMacroeconomyrate of growth was noted in telecommunications (+5.3 percent). Five of the 15 services posted a drop... that the largest drop since Q4 2012 came from management and consultancy activities (-43.5 percent... in December showed that the index declined by 0.2 points to 13.4, the third consecutive drop. Across
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In updated forecasts, IMF sees Greece meeting fiscal targets and debt falling
EconomyMacroeconomy, when it is expected to drop marginally to 3 percent. In the previous FM, the primary surplus... percent of GDP. In 2019, revenues will drop to 47.1 percent as the denominator stops being so depressed... on the other hand, will stay broadly unchanged at 48.1 percent of GDP in 2018 and drop by 1 percentage point
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Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
Economy, it will drop as a percentage of GDP, to 167.8 percent, from 173.3 percent this year. Bonds are seen rising to 61.73 billion, from 55.6 billion in 2019, offsetting the drop in T-bills by 3 billion. Loans... to a drop in private consumption by 0.4 percent. The council however notes that under certain
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Current account balance shows surplus of 1.87 bln in August
EconomyMacroeconomycame to 2.33 billion euros, against 2.52 billion in August last year, showing a drop of 7.5 percent. At the same time, total imports reached 4.20 billion euros, from 4.46 billion euros last year, a drop...' external assets due to a drop of 1.2 billion in residents' holdings of foreign bonds and T-bills
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Industrial production declines by 4.5 pct in Dec
EconomyMacroeconomycompared to a revised downward drop of 9 percent in November, according to Hellenic Statistical...-on-month (MoM), the index increased by 5.5 percent after a drop of 5.5 percent in November. The decline... was driven by a 11.5 percent fall in the mining and quarrying index, along with a drop of 5.8 percent
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Unemployment at 16.4 pct in January
EconomyMacroeconomy-on-year. Broken down by age group, the largest annual drop in unemployment was seen in the 15-24 years.... The smallest drop in unemployment was noted for those aged 55-64, where an annual drop of 0.4 pps was noted
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Trade deficit falls by 30.3 pct in April as Covid-19 restrictions hit trade
EconomyMacroeconomyGreece’s trade deficit fell by 30.3 percent year-on-year (YoY) in April compared to a drop of 7.9.... Imports totalled 3.20 billion euros, showing a drop of 30.5 percent YoY. At the same time, exports totalled 2.07 billion euros, recording a drop of 30.6 percent compared to the same month last year
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Trade deficit falls by 47.7 pct in May
EconomyMacroeconomyGreece’s trade deficit fell by 47.7 percent year-on-year (YoY) in May compared to a drop of 30.3 percent in April, data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday showed... a drop of 39 percent YoY. At the same time, exports totalled 2.07 billion euros, recording a drop
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Industrial production drops by 7.5 percent in May
EconomyMacroeconomypercent decrease in the mining and quarrying index, followed by a drop of 8.4 percent in manufacturing... to the same period in 2019. The aggregate was driven by a 8.7 percent drop in the electricity supply index and a drop of 3.3 percent in both the manufacturing index and the mining and quarrying index
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