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  1. Credit contraction decelerates to 1.9 pct in April, loan deductions drop to 117 mln

    EconomyMacroeconomy

    credit (-27.8 percent) and corporate lending (-22.3 percent), while the drop rate in housing loans

    19%
  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 a downward revised 14.3 percent drop in April, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. Industrial turnover has been in negative territory for 20 successive months (since

    19%
  3. PMI falls again in October amid ongoing drop in output and new orders

    EconomyMacroeconomy

    Greece’s Manufacturing PMI edged down for the second straight month in October, when it fell by 0.6 points, after a drop of 1.2 points in September, Markit’s survey showed on Tuesday. PMI landed at 48.6 in October, which is the lowest reading since May and the seventh sub-50 figure in the course

    19%
  4. Office prices edge up 0.2 pct in H1, retail prices drop 0.8 pct

    EconomyMacroeconomy

    to 72.9 in H1. Its current level signifies a drop of 0.4 percent YoY and 0.5 percent from the previous

    19%
  5. Retail sales down by 1.3 pct in Dec for first drop since Aug
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    month. The drop in December sales mostly reflects a decline in department stores (-7 percent), food

    19%
  6. Travel receipts drop by 7.8 pct in March, higher fall in payments leads to soaring balance
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece's travel receipts fell by 7.8 percent in March, declining at a sharper pace than the 3.1 percent drop which was recorded in February, Bank of Greece (BoG) figures showed on Tuesday. Receipts stood at 203.3 million euros in March, while the corresponding payments recorded a fall of 33 percent

    19%
  7. Trade deficit falls 14.3 pct in April as exports grow and imports drop
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit fell by 14.3 percent in April after strong growth of 36.2 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The decline in April reflects a rise in exports by 9.7 percent, coupled with a drop in imports by 2.3 percent. Exports

    19%
  8. Unemployment rate at 18.5 pct in Nov as jobless drop below 900,000
    Photo by MacroPolis

    EconomyMacroeconomy

    annual drop was seen in the 15-21 years age group, where the rate fell by 5.2 pps to 39.1 percent

    19%
  9. In first decline for six months, March car sales drop by 9.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    a drop of 7.5 percent was noted. Car sales for the month came to 17,205 compared to 19,014 in March

    19%
  10. Building permits drop by 10.2 pct in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits decreased by 10.2 percent year-on-year (YoY) in January, deepening from a decline of 7.5 percent seen in December, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The latest monthly headline figure is the second consecutive drop noted in as many months

    19%