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Newsletter 250 -11/05/2020
. The guidelines include strong recommendations for hygiene and physical distancing at airports and terminals... the lowest remote working capacity at only 1.3 percent. 2 Car sales drop by 80.6 pct in April Sales...) in March following a slightly upward revised drop of 3.2 percent in February, Hellenic Statistical
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GDP falls by 1.6 pct QoQ in Q1 and by 0.9 pct YoY
EconomyMacroeconomy2015, when there was a drop of 2 percent. Compared to Q1 in 2019, GDP shrank by 0.9 percent.... Private consumption is expected to drop by 4.1 percent in 2020 and public consumption is seen... percent YoY. The MoF now expects exports to drop by 19.2 percent in 2020 before rising by 19.2 percent
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PMI drops to 46.8 points in July amid Covid-19 uncertainty
EconomyMacroeconomy. Manufacturers also noted weak demand from key export markets due to a strong drop in demand from abroad... overall, but firms highlighted further evidence of a drop in client demand following the pandemic... this drop to the sharp decline in tourism this year, which affected sales inflows. Although the rate
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Newsletter 464 - 30/05/2025
with another sharp drop in February of almost 22 pct, after a 17 pct drop in January, leading to a 20 pct drop... in the same month of 2024. Surface also had a drop of 33 pct year-on-year, and volume dropped by 15.7 pct... in the previous month. Consumer confidence recorded a strong rebound by 4 points to -42.7. The rest
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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.... The corresponding volume index also had a significant drop of 5.6 percent YoY, from a 7.4 percent jump... monthly movement was down by 2 percent. As we noted last month, the data has a strong seasonal component
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Greece's current account in surplus for the fourth consecutive month
EconomyMacroeconomybillion euros from 1.63 billion last year, according to Bank of Greece (BoG). The recorded drop year... “recurring” figure amounted to 720 million materially improved by 142 percent yoy. The strong monthly... is attributed to a drop in the trade deficit by 20.2 percent to 11.41 billion, reflecting
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Greek primary budget surplus at 707 mln as revenues beat target in May
Economyby 3.9 percent to 18.57 billion. More importantly, the strong revenue performance in May eliminated... percent to 5.56 billion, in line with the target. Consumption taxes showed a higher drop at -9.5 percent... targeting a 1 percent rise in the full year figure. Despite the strong revenue rebound in May
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Current account surplus reaches 1.68 bln in July thanks to services
EconomyMacroeconomymillion. This outweighed widening of the trade deficit by 211 million euros and a slight drop.... The strong C/A surplus posted in July turned the year to date C/A balance to a surplus of 567... by a drop in the income deficit (by 534 million) and a rise in the current transfers’ surplus (by 419
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Greek stocks and bond yields recover on hopes of deal with eurozone
Economyof 4.8 percent recorded on Monday. The strong rebound was fuelled by the 4-pillar proposal... and Public Power Corporation (PPC) also recorded strong gains, up 11.6 and 8.9 percent respectively...-lived drop to 86 million on Monday. Note though that the bulk of trading activity (almost 80 percent
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Manufacturing PMI drops to 46.5 in April, lowest reading since June 2013
EconomyMacroeconomyemployment pared back and stock levels lowered. At the same time, charges were reduced amid strong... marked drop over the last 22 months primarily attributed to sharp and accelerated declines in both... months. Slowing production lines led to a drop in manufacturing buying levels at the most marked pace
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