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New tax debt at 8.02 bln to Dec, down by 26.7 pct versus 2018
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt jumped by 1.06 billion euros in December, data from the Independent Authority of Public Revenues (IAPR) has shown. Across 2019, new tax debt totalled 8.02 billion, lower than the figure for the same perio...
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ND focussed on keeping coronavirus numbers down in build-up to Greek Easter
PoliticsGreek PoliticsThe effort to keep the number of coronavirus deaths and cases at a satisfactory level continues with some urgency for the government this week due to the country entering Holy Week and new potential outbreak sources being discovered. Authorities are war...
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Retail sales down by 1.5 pct in March for first fall in seven months
EconomyMacroeconomyGreece’s retail sales index fell by 1.5 percent in March from a slower increase of 3.6 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Friday. March’s negative reading stops seven consecutive positive months since July last y...
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Retail turnover drops by 24.7 pct in April, volume also down by 24.8 pct
EconomyMacroeconomyGreece’s retail sales index decreased sharply by 24.7 percent in April following an upward revised drop of 0.7 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The current month’s reading represents a new series low, sur...
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Disposable income falls by 0.4 pct YoY in Q1, final consumption down by 0.5 pct
EconomyMacroeconomyGreek household disposable income fell by 0.4 percent year-on-year (YoY) in the first quarter (Q1) of 2020, decreasing from the rise of 0.2 percent noted in Q4 2019, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. The YoY c...
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Industrial production down by 4.9 pct YoY in May but picks up from previous month
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) decreased by 4.9 percent year-on-year (YoY) in June, compared to a slightly downward revised drop of 7.8 percent year-on-year (YoY) in May, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. Month...
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Loans under credit servicing firms edges down by 0.4 pct QoQ to 30.90 bln in Q2
EconomyBankingThe Bank of Greece’s (BoG) released statistics for the second quarter (Q2) of 2020 regarding the operations of Credit Servicing Firms (CSFs) in Greece. BoG said that the data was being provided as part of ongoing efforts to further enhance the informati...
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Disposable income falls by 11.8 pct YoY in Q2, final consumption down by 12.7 pct
EconomyMacroeconomyGreek household disposable income fell by 11.8 percent year-on-year (YoY) in the second quarter (Q2) of 2020, worsening from the decline of 0.4 percent noted in Q1 2020, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. The a...
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PMI edges down to 48.7 points in October as output declines at fastest rate since May
EconomyMacroeconomyGreece’s manufacturing PMI slipped to 48.7 points in October from 50 points in September, according to the latest data from Markit. According to Markit, readings over 50 and above indicate overall improvement, meaning that the latest figure signals an o...
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CPI down by 1.6% in March, marking 12-month continuous drop
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 1.6 percent year-on-year in March, following a drop of 1.3 percent in February and a decline of 2 percent in January, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. This completes yet anothe...
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