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Retail sales fell by 1.7 percent in June, after a short-lived rise in May
EconomyMacroeconomymonths. Retail volume posted a modest drop of 0.4 percent in June after a strong rebound by 4.1... turnover has dived by almost 24 percent since 2009, primarily reflecting a sharp drop in disposable
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Study shows deep impact of capital controls on retail sector
Economy. In absolute terms, the drop reached 520 million euros in July and 620 million in August, with turnover.... The study revealed that clothing and footwear suffered the most as the drop in their turnover
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CPI falls at accelerating rate of 1.7 pct in Sept
EconomyMacroeconomydrop in August. The breakdown of the CPI fall showed eight of the twelve main groups and services... Ministry expects HICP to drop 0.5 percent in 2015 and rebound by 1.3 percent in 2016. Similar
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Retail sales down by 4 pct in August for third straight fall
EconomyMacroeconomyrate by 2.2 percent in August, after a bigger drop of 7.2 percent in July, mainly reflecting... and pension cuts and increase in the personal and property taxes. The biggest cumulative drop in this 6-year
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Trade deficit falls by markedly accelerating pace of 24.2 pct in Sept
EconomyMacroeconomyThe drop in Greece’s trade deficit accelerated to 24.2 percent in September from 8.8 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The September rate... on the back of a modest drop in imports (-3.4 percent) and a slight rise in the respective exports (+1.9
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CPI drops at decelerating pace of 0.9 pct in Oct
EconomyMacroeconomyThe decline in the Greek Consumer Price Index (CPI) markedly decelerated to 0.9 percent in October from the 1.7 percent drop posted in September, Hellenic Statistical Authority (ELSTAT) data... and restaurants (+1.9 percent). The monthly evolution showed a marginal drop in CPI by 0.1 percent
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Greek banks complete book building: A recap of where we stand
EconomyFund (HFSF) participation in the bank’s share capital will drop from its current level of 66.24... of the transaction. As a result, we expect HFSF’s participation in Eurobank’s share capital to drop
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Wages index improves by 2.7 pct in Q3 for highest rise in almost 6 years
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index posted an increase by 2.7 percent in the third quarter (Q3) of 2015 after a drop of 2.1 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed... percent. The drop over this 5-year period largely reflects the effects of internal devaluation
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Unemployment rate fell further to 24 pct in Q3 on seasonally increased employment
EconomyMacroeconomyeased by 1.5 percentage points (pp) over the Q3 2014 rate of 25.5 percent. The rate drop reflects... of underemployed declined for the second straight quarter to 235,800 in Q3 resulting in a further drop of its
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Building activity rebounds 7.2 pct in November
EconomyMacroeconomybuilding surface and volume posted a drop by 2.1 and 4 percent respectively. The geographical breakdown... at least for the next two years with official forecasts calling for a further drop in housing prices
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