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PMI falls again in October amid ongoing drop in output and new orders
EconomyMacroeconomyGreece’s Manufacturing PMI edged down for the second straight month in October, when it fell by 0.6 points, after a drop of 1.2 points in September, Markit’s survey showed on Tuesday. PMI landed at 48.6 in October, which is the lowest reading since May and the seventh sub-50 figure in the course
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Retail sales down by 1.3 pct in Dec for first drop since Aug
EconomyMacroeconomymonth. The drop in December sales mostly reflects a decline in department stores (-7 percent), food
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Building permits drop by 10.2 pct in Jan
EconomyMacroeconomyBuilding permits decreased by 10.2 percent year-on-year (YoY) in January, deepening from a decline of 7.5 percent seen in December, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The latest monthly headline figure is the second consecutive drop noted in as many months
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Building permits drop by 5.1 pct in Feb
EconomyMacroeconomyBuilding permits decreased by 5.1 percent year-on-year (YoY) in February, improving from a decline of 10.2 percent in January, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The latest monthly headline figure is the third consecutive drop in as many months. The total number
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Building permits drop by 14.4 pct in March
EconomyMacroeconomyBuilding permits decreased by 14.4 percent year-on-year (YoY) in March, deepening from a decline of 5.1 percent noted in February, Hellenic Statistical Authority (ELSTAT) data released on Wednesday showed. The latest monthly headline figure is the fourth consecutive drop in as many months
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Loans under credit servicing firms drop 0.7 pct QoQ to 17.45 bln
EconomyBankingfrom 17.57 billion in Q1 of this year, a drop of 0.7 percent quarter-on-quarter (QoQ). Out
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Big drop in March sees PMI settle at 42.5 pts as Covid-19 measures bite
EconomyMacroeconomysince July 2015, a period marked by high political and economic unrest. The drop was fueled by factory
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Retail turnover drops by 5.3 pct in May, volume drops by 5.8 pct
EconomyMacroeconomyGreece’s retail sales index decreased sharply by 5.3 percent in May following a sharp drop of 24.5 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The latest headline reading is an improvement on the previous month’s reading, which represented a series low
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Retail turnover and volume both drop by 3.5 pct in September
EconomyMacroeconomyGreece’s retail sales index decreased by 3.5 percent in September following a revised drop of 0.9 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The latest month’s reading is the seventh consecutive negative reading in as many months. The corresponding volume
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Building permits drop by 12.4 pct in Nov amid second lockdown
EconomyMacroeconomyBuilding permits fell by 12.4 percent year-on-year (YoY) in November after a drop of 4.9 percent seen in October, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The total number of permits came to 1,585. The corresponding surface area fell by 14 percent while volume
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