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May sees 48.7 pct rise in number of new cars in circulation
EconomyMacroeconomy, and also reflects a low base effect. The strong performance in May led the 5-month figure up 24.7 percent compared to a 7.1 percent drop recorded last year. In addition, the 12-month trailing index... of the preceding three years. Car registrations recorded a cumulative drop of 78 percent since 2008
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Services help increase Greek current account surplus to 1.37 bln in June
EconomyMacroeconomya rise in non-residents’ arrivals by 13.7 percent. Following the strong performance in June, the drop... by a drop in the income deficit by 151 million and a rise in the current transfers’ surplus by 138... months, the drop in the income deficit (by 396 million to 1.36 billion) results from lower net interest
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Industrial production drops 2.1 pct in July but rate of decline slows
EconomyMacroeconomythe sharpest drop (-33.2 percent) in July, following a series of strong positive performances...The rate of drop in the Greek Industrial Production Index (IPI) slowed to 2.1 percent in July after... production recorded a double-digit drop (-12.2 percent), while water supply production slipped 1.1
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August sees third Greek C/A surplus in a row, reaching 1.82 bln
EconomyMacroeconomyof the trade deficit by 3.8 percent stems from a drop in both imports and exports by 5.7 and 7.3 percent... imports rose by 4.8 percent. Following September’s strong performance, the 8-month C/A surplus further.../A surplus stems from an increase in the services’ surplus (by 2.05 billion) and a drop in the income
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Newsletter 2 - 07/11/2014
that “there is a strong support for a precautionary credit line in a form of ECCL”, while stressing... decreased in October with production posting a drop for the third time in the last four months. Exports... in September but the drop accelerated to 8.7 percent. September’s performance is the seventh
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Greek retail sales back on upward course in October after brief dip
EconomyMacroeconomyAfter a short-lived drop of 0.9 percent in September, the turnover of Greece’s retail trade index... mixed trends with retail sale not in stores posting strong growth rate (+22.1 percent), while.... On the flipside, department stores registered a double digit drop (10.7 percent), followed by food
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Greek Q4 GDP down 0.2 pct QoQ, 2014 nominal GDP stays in recession
EconomyMacroeconomyof internal devaluation and deflation (1.3 percent), contracted 0.2 percent YoY in Q4 from a drop of 0.3... percent YoY contraction in each of the first two quarters of the year. The largest drop... more than 70 percent of GDP but has posted a cumulative drop of more than 24 percent since 2008
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Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln
EconomyMacroeconomyis attributed to a significant drop in the net oil import bill, while net payments for purchases of ships... by 2.82 billion, on strong tourism, and to a lesser extent to shrinking income account deficit... as a drop in non residents’ holdings of Greek government bonds and T-Bills. For the full year, the net
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Current account deficit widens to 404 mln in March
EconomyMacroeconomyby 8.1 percent with receipts up 13.3 percent, entirely reflecting a strong growth (+34.3 percent) in non... a sharp drop in the primary income surplus (by 859 million) followed by a narrowing of the services... assets, largely due to a drop in residents’ holdings of foreign bonds and T-Bills by 11.4 billion
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Building activity rises again in March as permits increase by 19.1 pct
EconomyMacroeconomyrecording a strong growth of 29.3 and 31.7 percent respectively. However, due to the negative performance that prevailed in the prior period, the run rate over the trailing twelve months still displays a drop... Aegean (+35.3 percent). On the flipside, Ipeiros was the only region recording a drop by 11.6 percent
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