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Drop in industrial turnover accelerates to 7.9 pct YoY in Sep as manufacturing falls sharply
EconomyMacroeconomyturnover was up by just 1.1 percent. Manufacturing revenue was down by 8.1 percent, with the mining..., the domestic market was up by 2.3 percent while the foreign markets increased by 12.5 percent. In respect
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Industrial turnover returns to contraction in Nov with sharp 5 pct YoY drop
EconomyMacroeconomyAuthority (ELSTAT) on Monday. On a rolling 12-month basis, the industrial turnover was up by just 1... decreased by 7.5 percent, led by decreases of 7.7 percent in manufacturing, and mining and quarrying up by 1
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Consumer confidence rises sharply by 4 points in May, other components drop
EconomyMacroeconomyIndicator (EEI) dropped to 116.5 points, from 120.5 points in the previous month. The EEI is up by 1 point... points, from 6.2 points in the previous month. Since June 2024, industry confidence is up 1.5
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Travel receipts drop by 3.6 pct YoY in Sep, but still on course for record year
EconomyMacroeconomyin September reached 5.68 million, up 3.6 percent YoY. Arrivals from the EU totalled 3.6 million... increased by 9 percent to 20.13 billion euros. Payments also increased to 2.65 billion, up 28.4 percent
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Retail sales growth slows to 1.7 pct YoY in Nov on back of sharp drop in fuel transactions
EconomyMacroeconomypercent and food and beverages were up by 2.6 percent. Clothing and footwear moved marginally with 0.2..., with fuels down by 7.2 percent, a 1.1 percent rise in foods and non-food up by 4.2 percent
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Building activity up by 36.2 pct in Nov as rebound continues
EconomyMacroeconomydrop of 27.4 percent in permits. The bulk of total building activity (more than 90 percent) is related... Islands, which recorded a drop of 43.7 and 40.3 percent respectively over the trailing twelve months... decrease was recorded in Crete, Western Greece and South Aegean at 20 to 25 percent. The drop
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Greek PMI up to 50.1 in August, employment and profitability still falling
EconomyMacroeconomya solid rise in August, reversing the slight drop posted in the beginning of the third quarter... in production with higher new export orders contributing to the positive sales performance. After a drop... ending a two-month run of drop in total new business. New export orders also rose marginally
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Building activity up by 18 pct in Jan, permits dip below 1,000-mark
EconomyMacroeconomyshowed a 0.3 percent drop in apartment prices year-on-year in the fourth quarter of 2017. This followed a drop of 0.6 percent in Q3. Apartment prices have been falling since the first quarter of 2009. For all of 2017, the decline in property prices came to an average drop of 1 percent, improving against
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More fiscal measures lined up as Covid-19 seen shaving up to 0.9 pts off 2020 growth
EconomyThe government is lining up more fiscal measures to prop up the economy as forecasters becoming... reaches 0.7 to 0.9 pct with a severe impact on tourism, commerce and transportation up to the end..., reduced working days for all staff, paid leave of up to 30 days, reduction of tax obligations by 50 pct
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Car sales pick up pace in May, up 13.8 pct in first five months
EconomyMacroeconomywas made up of lorries (2,441) up by 2.8 percent and buses (133) up 3.9 percent. Motorcycle sales increased... cars categories in May, with new passenger cars rising by 8 percent and used passenger car sales up... annually. Passenger cars are up by 15.3 percent, lorries increased by 4.3 percent and buses down by 1.2
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