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Most Greek businesses feel capital controls impact, 69 pct see turnover drop
Economystating they saw a drop in turnover, with 18 percent indicating a nosedive above 50 percent and 51
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Lack of new orders and sharp drop in production lead to weak PMI in August
EconomyMacroeconomythat the ongoing drop in backlogs provides evidence of continued spare capacity. Input prices
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Trade deficit increases by 17.3 pct in Oct on large drop in exports
EconomyMacroeconomyGreece’s trade deficit rose by 17.3 percent in October from a drop of 24.2 percent in September, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday. The October rate represents the first upward movement since April and the highest positive reading since December 2014. The absolute
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Drop in building activity accelerates to 11.3 pct in Oct
EconomyMacroeconomyGreece’s adjustment programme project a drop of 5 percent in 2016 and 1 percent in 2017 following
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Industrial turnover dives 15.1 pct in Feb on sharp drop in energy turnover
EconomyMacroeconomyGreece’s Turnover Index in Industry sank by 15.1 percent in February, from an upward revised 13.8 percent drop in January, Hellenic Statistical Authority (ELSTAT) figures displayed on Tuesday. The headline figure in February represents the 16th straight negative reading and the 8th showing a double
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Travel receipts drop 6.7 pct in Feb, balance turns to deficit of 3.8 mln
EconomyMacroeconomy. There was a notable drop of 30.7 percent in arrivals from non-euro area countries within the EU28
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Credit contraction decelerates to 1.9 pct in April, loan deductions drop to 117 mln
EconomyMacroeconomycredit (-27.8 percent) and corporate lending (-22.3 percent), while the drop rate in housing loans
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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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