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Manufacturing PMI dips slightly to 53.6 pts in September as sentiment remains strong
EconomyMacroeconomygrowth was also strong, as manufacturers reported that foreign and domestic client demand remained strong. Input cost inflation softened from June’s peak and fell also to a five-month low. However... remained strongly positive as firms reported strong demand. Additionally, Greek manufacturers expressed
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Strong investor demand for 7-year bond, yield settles at record low of 1.9 pct
Economyissue were announced in the region of 2.1 percent and the transaction quickly attracted strong interest... with a guidance of 2 percent. The book continued to attract strong interest and closed just before lunch... with strong demand as more than 290 accounts participated in the book-building process, which led
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PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct
EconomyMacroeconomy’ with a stable outlook. The PBO notes that for the economy to sustain strong growth beyond 2026 and close... highlights the strong performance of 2024 with significant primary surplus and a headline surplus on the back of strong tax revenues due to income tax and VAT from goods and services. Greece’s upgraded
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Apartment prices down by 3.9 pct in Q1 for seventh straight QoQ fall
EconomyMacroeconomyThe fall in Greek apartment prices decelerated for the seventh straight quarter to 3.9 percent in Q1 2015 from a downward revised 5.4 percent in Q4 2014, according to the Bank of Greece (BoG... 32,008 in Q1 2008 corresponding to a plunge by 90 percent. A similar fall was posted in volume
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Building activity down by 3.5 pct in Sept for third straight fall
EconomyMacroeconomyand 9.6 percent in September. For the 9-month period, the aggregate figures point to a fall of 1.2... prices recorded a fall for the 26th straight quarter by 6.1 percent in the third quarter (Q3) of 2015
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Drop in trade deficit accelerates to 14.3 pct in Dec on faster fall in imports
EconomyMacroeconomythe impact of oil products, the trade deficit recorded a slighter fall by 7.2 percent reflecting a rise... by 9.5 percent and a slower fall in exports by 5.1 percent. In absolute terms, trade deficit landed
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Apartment prices fall by 1.5 pct in Q3 for slowest drop since 2009
EconomyMacroeconomyfor the second straight quarter by 0.6 percent in Q3 after a 0.9 percent fall in Q2. The breakdown revealed... scenario of Greek banks’ stress tests a year ago, point to a further fall in housing prices by 5
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General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
EconomyMacroeconomy(-214 million). For the whole year, the biggest fall in arrears was recorded by SSFs (-776 million... 2.15 billion euros to 58.66 billion at the end of December. The monthly change reflects a fall
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Retail sales fall for second straight month in Oct, with 0.8 pct decline
EconomyMacroeconomyGreece’s retail sales fell by 0.8 percent year-on-year in October, continuing their contraction after a fall of 0.7 percent in September, according to data published by the Hellenic Statistical...’s annual fall in sales was led by the food sector, which posted a 4.5 percent decline in turnover
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Budget primary surplus confirmed at 1.94 bln in 2017 on expenditure fall
EconomyMacroeconomyannual target by 1.06 billion euros. The driving factor was a fall in expenditure combined... Primary expenditure rose to 6.11 billion in December, representing a fall of 2.7 percent compared
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