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  1. Apartment prices up by 2.5 pct in Q3 as recovery trend continues
    Photo by MacroPolis

    EconomyMacroeconomy

    of Greece. For all of 2017, the decline in property prices came to an average drop of 1 percent, improving against the drop of 2.4 percent in 2016. Apartment prices have been declining since the first...-digit drop of -10.9 percent in 2013. The sharpest quarterly rate of decline was seen in Q4 2012

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  2. Newsletter 234 -10/01/2020

    Newsletters

    to make a strong intervention at the highest level to support Greece The Prime Minister’s first... in the categories of mining of lignite, was the main driver for the drop in the headline figure. Greece’s... a revised upwards rise of 0.1 percent versus a 0.3 percent drop in October, according to ELSTAT

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  3. Newsletter 251 -22/05/2020

    Newsletters

    salvaging something from the peak tourism season in Q3. Not only would it mean suffering a lower drop... for an economic contraction of close to 10 pct, with a strong rebound in 2021. On the fiscal front... turnover drops by 9.3 pct in March Index marks sharpest decline since June 2016 The drop

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  4. Retail sales rise by 1.5 pct in Apr, food volumes down by 4.2 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    a strong drop in May, up by 19 points from July last year. Overall, Greece’s economic sentiment..., with a rise of 1.5 percent year-on-year (YoY), from a marginal drop of 0.3 percent in March, Hellenic... index increased by 1.9 percent, after a drop of 3.9 percent in the previous month. The volume’s

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  5. Newsletter 410 - 02/02/2024

    Newsletters

    appear to have strong support among the general public in Greece. An opinion poll by Pulse, broadcast... comes from consumer confidence, which was down by 6 points. Retail trade also recorded a sharp drop... of the drop is attributed to energy and fuels that were down by 12.8 pct annually. Non-durable consumer

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  6. Retail sales and volumes show worrying signs, turnover down 3.8 pct in Feb

    EconomyMacroeconomy

    Greece’s retail sales went deeper into contraction in February, with a drop of 3.8 percent year... in 2023 and this is the first back-to-back drop in over two years. On a monthly basis, the seasonally adjusted index increased by 0.7 percent, after a 5.3 percent drop in the previous month. The volume’s

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  7. A macroeconomic assessment of the Cypriot economy after the haircut
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    anticipated drop in consumption and GDP as the impact of reduced nominal salaries on consumption has... is a temporary rather than a permanent drop in income, and because they do not consider bank deposits... drop in GDP so far. The above answers to the first question have important implications

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  8. Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year

    EconomyMacroeconomy

    drop, according to provisional data published by the Hellenic Statistical Authority (ELSTAT... of the year), household consumption retreated 6 percent in 2013, leading to a 5.6 percent drop in total final consumption expenditure. There was a significant slowing in the drop in private

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  9. GSEE report stresses risks on employment and the pension system, outlines burden on wages

    Society

    and the remaining supported corporate profitability. This finding is a strong indication that export... to fall further by 1.9 percent in 2014 implying a 23 percent drop over the last five years... drop to 84 percent in 2014. The report highlights that the labor productivity and the purchasing power

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  10. Greek economic sentiment and consumer confidence fall sharply in December

    EconomyMacroeconomy

    for December is the lowest reading since Apri, while the monthly change suggests the sharpest drop... in November. The recorded drop of 4 points indicates the second worst monthly movement year to date... gains of almost 23 points. Three of the other four business indicators also recorded a drop in December

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