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GDP rises by 4.4 pct QoQ in Q1 and falls 2.3 pct YoY
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP rose by 4.4 percent quarter-on-quarter (QoQ) in the first quarter (Q1) of 2021 after an upward revised increase of 3.4 percent in the previous quarter, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. Compared to Q1
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Retail sales up by 14.1 pct in Aug, volume rises by 4.4 pct
EconomyMacroeconomyThe growth in Greece’s retail sales picked up pace in August with a rise of 14.1 percent year-on-year (YoY), following a downwards revised 11.5 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The corresponding volume index rose by 4.4 percent annually in August
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Energy leads import price jump of 4.4 pct YoY in June
EconomyMacroeconomyGreece’s import price index accelerated further in June, rising by 4.4 percent year-on-year (YoY), after a 2.8 percent increase in May, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday. The index recorded more than one year of consecutive negative readings
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Q1 travel receipts up 4.4 pct YoY, arrivals also on the rise
EconomyMacroeconomyin March 2024. For the first quarter of 2025, travel receipts increased by 4.4 percent to 1.07 billion
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Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
EconomyMacroeconomyGreece’s retail sales had a sharp drop of 4.4 percent year-on-year (YoY) in May, after marked growth of 7.4 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The corresponding volume index also had a significant drop of 5.6 percent YoY, from a 7.4 percent jump
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Greek travel receipts rise 9.1 pct in January as surplus doubles
EconomyMacroeconomyto 277 euros. The breakdown of incoming tourist activity by country showed strong growth in arrivals... of 14 billion euros. SETE noted that a stable tax framework, mainly related to VAT on islands and hotel
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Newsletter 74 - 20/05/2016
sectors stands at 7.5 billion, with 4.4 billion of loans classified as NPEs. On the same day, Alpha... was marginally above target. A primary expenditure underspend of 1.82 billion helped the surplus. Apartment prices down Greek apartment prices fell by 5 percent in Q1 this year, compared to a 5.3 percent
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Newsletter 279 -13/11/2020
. Interior Minister Takis Thedorikakos was also left out of the new line-up to be replaced by Agriculture... Interior Minister, to be replaced by Christos Tarantilis. Altogether, 17 changes were made, including... the further deterioration in vendor performance across the Greek manufacturing sector. Lead times
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Study shows 341 mln a year in tax lost from short-term rentals
EconomyFeatures, imposing a uniform system of tax for hotels and hotel-like accommodation could generate at least 341... in the Greek hotel industry for better regulation of short-term rentals which they say attracts... and 6.8 percent. The effect is overall lower profit margins in the Greek hotel industry. Grant
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Rise of property prices continues with 4.6 pct increase in Q2
EconomyMacroeconomyin the first half of 2021, after a revised 4.4 percent in 2020 and a 7.2 percent in 2019. Property.... Apartment prices in Greece began to decline in the first quarter of 2009. The biggest annual fall was posted.... The sharpest quarterly rate of decline was seen in Q1 2012, when apartment prices showed a YoY drop of 12.8
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