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  1. Greek trade deficit widens by 29.4 pct in July as import rate soars

    EconomyMacroeconomy

    last year. The evolution in July reflects a slight drop in exports by 1.1 percent and an increase... trend for the third successive month. July’s growth rate is the highest reading since November 2012... by a modest 1.1 percent, while the respective figure from non-EU countries grew by 19.6 percent

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  2. OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
    Photo via OECD on Flickr https://flic.kr/p/9Lr6kk

    EconomyMacroeconomy

    estimates to 0.1 percent in 2015 from 2.3 percent in its previous forecast published last November... estimates for GDP components, private consumption is seen rising by 0.9 percent in 2015 and by 1.1... and rebound by 1.1 percent in 2016. The OECD stresses that the implementation of structural reforms

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  3. Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    the release of provisional estimates scheduled on November 29. These will include updated figures... posted in Q2, while increased by 1.1 percent YoY. Nominal GDP also remained stable in the 9-month..., GDP needs to fall by 1.4 percent QoQ and 1.1 percent YoY in Q4. Although it is too early to call

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  4. Newsletter 110 - 10/03/2017

    Newsletters

    posted a marginal growth QoQ. The provisional estimates also showed that GDP fell by 1.1 percent year... that for unemployed fell for the fourth consecutive month by 2,300 to 1.1 million. Over the last twelve months... adjusted unemployment edged down to 23.6 percent in December, after a spike to 23.8 percent in November

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  5. Economic sentiment edges up in March, consumer confidence deteriorates for third straight month
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    , albeit at a slower pace by 1.1 points in March following a decrease of 5.5 points in February. Following... at an accelerating pace by 1.6 points to -6.7, its lowest level since last November. Over the last twelve months... confidence indicator (+1.1 points). On the flipside, the construction confidence indicator has dropped by 3.9

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  6. Newsletter 122 - 09/06/2017

    Newsletters

    and 2020. General govt primary cash surplus edges up OECD expects economy to grow by 1.1 pct this year... to return, large uncertainties remain. OECD estimates that GDP will rebound 1.1 percent in 2017, lower than its previous forecast of 1.3 percent made in late November. However, a stronger growth

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  7. Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
    Photo by MacroPolis

    EconomyMacroeconomy

    billion. A further decline in the ELA limit by 1.1 billion was also announced by the ECB on June 8... with BoG and the ECB also fell by 1.75 and 1.1 billion respectively from the previous month. The BoG.... Nevertheless, they still stand more than 11 billion above the November 2014 figure of 30.14 billion

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  8. Newsletter 138

    Newsletters

    Eurogroup. The creditors are due to return to Athens on November 27, giving them several days to assess... the government to hand out at least 1.1 billion euros. In contrast to previous Athens reportedly has 71... figure declined by 1.1 percent. The headline figure for the month is the first negative reading

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  9. CPI declines by 0.2 pct in March for year’s second negative reading
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    reading since November 2016. February’s headline figure returns the index to negative territory... in March, declining from 0.4 percent in February. The annual average HICP for 2017 was positive by 1.1... as prices return to pre-seasonal sales levels. This was followed by household equipment (+1.1 percent

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

    EconomyMacroeconomy

    negative reading since November. The corresponding volume index also grew by 4.6 percent, rising... goods (-1.1 percent) The annual volume rise was led by a 7.6 percent increase in supermarkets... percent. The seasonally adjusted (SA) retail sales index in May rose by 1.1 percent month-on-month to 74.2

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