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Economic sentiment, consumer confidence down for third straight month in May
EconomyMacroeconomyat 12.8 points. Τhe ESI headline figure fell to a historic low of 74.8 in March 2009 and recorded
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Improving car sales in Greece continue with 27.9 pct rise in May
EconomyMacroeconomyΤhe number of road motor vehicles (going into circulation for the first time) continued posting strong growth of 27.9 percent in May after surging by 47.2 percent in April, according to the Hellenic Statistical Authority (ELSTAT). Despite the slowdown, the May rate is the fourth successive reading
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Car sales rise by 21.7 pct in June for fifth straight increase above 20 pct
EconomyMacroeconomyΤhe number of road motor vehicles (going into circulation for the first time) rose, albeit at a slower pace, by 21.7 percent in June from 27.9 percent in May, according to the Hellenic Statistical Authority (ELSTAT). The June headline figure indicates the fifth straight reading above the 20-percent
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Greek stocks rise by 3.5 pct after three weeks of decline in 2016
EconomyΤhe Greek stock market rebounded 3.5 percent this week but on thinner volumes, after cumulative losses of 15.4 percent in the first three weeks of the year. Ahead of talks between Greece and its lenders on the first review, which is due to begin on Monday, Prime Minister Alexis Tsipras said
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CPI falls at a slower pace of 0.5 pct in February
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell by 0.5 percent in February after a 0.7 percent drop in January, Hellenic Statistical Authority (ELSTAT) data displayed on Thursday. In contrast, the harmonised index of consumer prices (HICP) marginally rose by 0.1 percent in February, which indicates
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Notable drop of 1.5 pct in March CPI
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) decreased at a markedly accelerating pace of 1.5 percent in March from 0.5 percent in February, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The March headline figure is the highest negative reading since September 2015. The harmonised index
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Decline in CPI slows slightly to 1.3 pct in April
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) dropped at the slightly slower rate of 1.3 percent in April from a 1.5 percent decline in March, according to Hellenic Statistical Authority (ELSTAT) data published on Tuesday. The April headline figure is the second highest negative reading over the past seven
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General gov't figures shed more light on course of spending, revenues during crisis
EconomyMacroeconomy49.2 percent of GDP in 2009 to 47.5 percent in 2015. Τhe overall balance has been steadily cut over
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CPI falls at decelerating pace of 0.9 pct in May
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell at a slower pace of 0.9 percent in May from a drop of 1.3 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The May headline figure is the first reading below -1 percent since February and means that there was a decline
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Drop in CPI slowed to 0.7 pct in June
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell by 0.7 percent in June after a 0.9 percent drop in May, Hellenic Statistical Authority (ELSTAT) data displayed on Friday. The decline came at a decelerating pace for the third successive month. The headline figure for June represents the slowest deflation
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