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Retail turnover drops by 3 pct in July for fifth straight negative reading
EconomyMacroeconomyGreece’s retail sales index decreased by 3 percent in July following a downward revised drop of 3.3 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The latest month’s reading is the fifth consecutive negative reading in as many months. The corresponding volume
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PMI rises to 50 points in September, signalling stabilisation
EconomyMacroeconomyof logistical issues. At the same time, a further drop in purchasing activity drove pre-production
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Industrial production drops by 3.8 pct in August
EconomyMacroeconomycompared to the same period in 2019. The aggregate was driven by a 9.7 percent drop in the electricity
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Retail turnover drops by 1.4 pct in August for sixth continuous decline, volume drops by 1 pct
EconomyMacroeconomyGreece’s retail sales index decreased by 1.4 percent in August following a downward revised drop of 2.7 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The latest month’s reading is the sixth consecutive negative reading in as many months. The corresponding volume
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Unemployment at 16.8 pct in Aug as inactives rise by 2.9 pct YoY
EconomyMacroeconomyunemployed people in August versus the previous month, a drop of 1.8 percent. On an annual basis
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EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in
EconomyMacroeconomyand disposable incomes. External demand was also affected, with exports down by 32 pct, mostly driven by the drop
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High Covid-19 death rate leads to lockdown extension but fails to dampen vaccine scepticism
PoliticsGreek Politicsof the country, has not led to a significant drop in the number of cases being reported
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Unemployment rate at 16.1 pct in Sept
EconomyMacroeconomythat there were 9,645 fewer unemployed people in September versus the previous month, a drop of 1.3 percent
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Building permits increase 29 pct in September
EconomyMacroeconomyBuilding permits rose by 29 percent year-on-year (YoY) in September, recovering from a drop of 3.3. percent in August, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The total number of permits came to 1,732. The corresponding surface area increased by 13.3 percent while
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Turnover in services shows year-on-year improvements in Q3
EconomyMacroeconomydrop since Q3 2015 came from publishing activities (-28.1 percent), followed by cleaning activities
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