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  1. ELSTAT survey finds 2013 household budgets devastated, inequality persists
    Photo by Harry van Versendaal

    Society

    expenditure by sub-categories revealed that the highest YoY drop in 2013 was posted in liquid fuels (-17.56... drop. On the flipside, expenditure for medicines (+5.11 euros), cafes (+3.68 euros) and tobacco (+3.4... consumption showed a slight increase of 1.2 percent and natural gas a drop of 3.2 percent. In addition

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  2. Slight uptick in October for Greek PMI, which remains in contraction

    EconomyMacroeconomy

    decreased in October with production posting a drop, albeit marginal, for the third time in the last... to September. The survey also indicated a sharp drop in stocks of purchases, while stocks of finished... and a further drop in manufacturers’ charges. The movement in purchase prices reversed a marginal drop

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  3. Greece returns to growth after long recession, GDP figures show
    Photo by MacroPolis

    EconomyMacroeconomy

    time since Q1 2010 recording an increase of 0.7 percent YoY following a drop of circa 4 percent.... The revised historical figures showed that the largest drop in the third quarter economic activity was posted in 2010 with a decrease of 7.5 percent, followed by a drop of 6.7 percent in 2011 and 6.3

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  4. Greek industrial production drops for eighth straight month but at slower rate

    EconomyMacroeconomy

    in October, when it fell at a slower pace of 0.7 percent after a downward revised 4.9 percent drop... for the 10-month period displayed the drop in industrial production slightly decelerated to 3.1 percent, from 3.4 percent in the 9-month period, mainly reflecting a continued double-digit drop in electricity

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  5. Greek trade deficit drops by larger rate of 27.2 pct in Feb

    EconomyMacroeconomy

    attributed to a 14.6 percent drop in imports, while exports showed a much slower decline at -2.7... lower than the 16.3 percent drop recorded in January. In absolute terms, imports amounted to 3.45... percent, while imports retreated by 6.7 percent resulting in a slower drop of trade deficit to -22 percent

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  6. Unemployment rate eases to 25.4 pct in Feb, as number of unemployed falls
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    percent in February from 1.2 percent in January and an increased rate of drop in the number of jobless... percent in February. The jobless rate among women showed a slower drop by 1.6 pp YoY to 29.1 percent... (25-34 years) and (35-44 years) also showed a marked drop by almost 5 pp to 31.3 percent and by 2.5 pp

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  7. Greek deposit rate almost stable, loan rate slightly up in May

    EconomyMacroeconomy

    the respective rate in comparable countries like Spain, Portugal and Italy. The marginal drop... in May. On corporate lending, there were two marked movements: 1) A drop by 30 bps in loans for amounts... in loans for amounts up to 250,000 euros to 6.11 percent, following a drop by 49 bps in April

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  8. Current account in surplus for 2nd straight month in June but down 20 pct on 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    digit drop in both exports and imports by 23 and 13.8 percent respectively. In absolute terms, goods... percent. The modest drop in the services’ surplus by 1.6 percent to 2.37 billion is largely due... than offsetting a drop in the relevant travel spending per trip. The substantial deterioration

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  9. Unemployment rate edged up to 25.2 pct in June

    EconomyMacroeconomy

    of employed more than offsetting a marginal drop in the number of unemployed. In particular, the improving... was reversed with June indicating a 1.2 percent month on month (MoM) drop vis-à-vis a rise by 1.9... reading since May 2012. Despite the MoM drop in the first half of the year, the number of unemployed

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  10. Newsletter 47 - 16/10/2015

    Newsletters

    (+0.1 percent), more than offsetting a sharp drop in investments (-10.6 percent). The provisional... October. The breakdown showed a drop in private consumption by 1.6 percent in 2015, exports by 1.5..., on the back of a drop in private consumption by 1.5 to 2 percent, a slight rise in public consumption

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