Search
-
Newsletter 33 - 03/07/2015
of capital controls and a forced bank holiday for six working days, from 29 June to 6 July at the earliest... on the increase in the ELA limit by around 9 billion in June, it is fair to assume that withdrawals... months. Those figures have certainly increased over the course of June. Although a lot of depositors
11% -
Greek PMI falls to 49.4 in June, lowest since November 2013
EconomyMacroeconomyGreece’s Manufacturing PMI fell by 1.6 points to 49.4 in June from 51.0 in May, according to Markit... the output growth was sustained in June mainly through progress on outstanding business, the rate of drop... decline in June after marginal gains in each of the preceding two months. In addition, the rate of job
11% -
Decline in Greek CPI slows to 1.1 pct in June after sharper fall in May
EconomyMacroeconomyThe Consumer Price Index (CPI) fell 1.1 percent in June, decelerating from the 2 percent drop... and footwear prices. The latter’s performance in June reversed the 8.9 percent drop posted in May, which... a temporary dive in May, June CPI returned to more normalised levels similar to the 1.1 – 1.5 percent
11% -
Drop in Greek industrial production accelerates in June, falling by 6.7 pct
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) fell 6.7 percent in June at an accelerating pace... major industrial sectors recorded a decline in June with the highest registered by electricity... in the 6-month period. Most of the main industrial groupings recorded a drop in June with consumer
11% -
Sudden spurt for Greek exports, which rose by 11.3 pct in June
EconomyMacroeconomyThe rate of change in Greece’s exports turned positive showing an increase of 11.3 percent in June..., imports continued heading north for the second successive month, rising by 9.4 percent in June after a 3.7 percent increase in May. The June rate was the fourth positive YoY reading in the first half
11% -
Services help increase Greek current account surplus to 1.37 bln in June
EconomyMacroeconomyGreece's June current account (C/A) balance showed the country’s surplus widening by 53 percent... a rise in non-residents’ arrivals by 13.7 percent. Following the strong performance in June, the drop.... Similarly to June, the 6-month C/A improvement mainly reflects a significant widening in the services
11% -
Tourist arrivals in June increase 13.7 pct, bringing significant rise in receipts
EconomyMacroeconomyAfter a temporary slowdown in May, Greece's travel receipts rebounded strongly in June, shooting up..., travel receipts in June reached 1.99 billion euros from 1.71 billion last year. Travel payments... trip. Arrivals reached 2.7 million in June from 2.37 million last year. The highest rise in arrivals
11% -
Greek trade deficit rises by 7.4 pct in June but rate of increase slows
EconomyMacroeconomydeficit decelerated to 7.4 percent in June from 21.9 percent in May, according to the Hellenic Statistical Authority (ELSTAT). In absolute numbers, the headline figure reached 1.73 billion euros in June, which was slightly lower than that in May (1.72 billion). The movement in June reflects an increase
11% -
Small but rare rise of 0.4 pct for Greek retail turnover in June
EconomyMacroeconomyThe turnover of Greece’s retail trade index rebounded 0.4 percent year on year (YoY) in June after...). Retail volume showed a higher increase at 3.8 percent in June from a drop of 3.6 percent recorded in May. The June retail turnover figure is the second positive reading since June 2010, after the 3.8
11% -
Car sales fall 2.5 pct in June after impressive growth in preceding two months
EconomyMacroeconomyin June after an impressive growth of 33 and 24.5 percent respectively in the preceding two months... in June, which is the second highest reading since last July, after the exceptionally high figure... with new ones, according to market sources. Passenger cars also retreated by 4.2 percent in June
11%