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PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
EconomyMacroeconomyactivity between April and June. The PBO notes that the annual drop of 15.2 pct that ELSTAT... initially thought. PBO notes that the economic deterioration in the second quarter was led by a drop in private consumption, lower investments and a sharp drop in exports that impacted the trade deficit
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Industrial turnover drops by 16.2 pct in July as manufacturing slows
EconomyMacroeconomyGreece’s industrial turnover fell by 16.2 percent year-on-year (YoY) in July compared to a drop... by a 16.5 percent drop in the manufacturing index. The turnover index in mining and quarrying rose by 9.7... in the domestic market fell by 17.8 percent. The drop in the domestic market was driven by a fall
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Industrial turnover drops by 10.7 pct in September on decline in petroleum products
EconomyMacroeconomyto a revised drop of 15 percent in August, Hellenic Statistical Authority (ELSTAT) data published... was led by a 10.8 percent drop in the manufacturing index. The turnover index in mining and quarrying... the turnover in the domestic market fell by 9.1 percent. The drop in the domestic market was driven
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Newsletter 274 -20/11/2020
in Covid-related drop for EU arrivals Greece managed to clear on Wednesday the fourth post-programme... turnover drops by 10.7 pct in Sept Headline figure driven largely by drop in petroleum products Greece... drop of 15 percent in August, Hellenic Statistical Authority (ELSTAT) data published showed
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Newsletter 276 -04/12/2020
significant drop in the number of coronavirus-related deaths and as ICU units remained in high demand... translated into a 2-point drop in support for New Democracy since June, according to ProRata. Support... to 6.6 percent in 2022. This is a notable drop from the previous outlook’s projection of a drop in GDP
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GDP grows by 2.3 pct QoQ in Q3 and drops by 11.7 pct YoY as services exports crash
EconomyMacroeconomyby a drop of 10.4 percent QoQ in exports of goods and services. Imports of goods and services rose by 9.6... rose by 15.1 percent. Final consumption expenditure rose by 14 percent QoQ, recovering from a drop... percent in Q3, compared to an annual drop of 10.3 percent in Q2. Consumption Compared
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Industrial turnover drops by 14.4 pct in October
EconomyMacroeconomyGreece’s industrial turnover fell by 14.4 percent year-on-year (YoY) in October compared to a drop... by a 14.6 percent drop in the manufacturing index. The turnover index in mining and quarrying decreased... the turnover in the domestic market fell by 14 percent. The drop in the domestic market was driven by a fall
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Industrial turnover drops by 12.2 pct in January
EconomyMacroeconomywith a revised drop of 3.6 percent in December. The reading is the 12th straight decline, and the biggest drop... on Friday. The decline in January was led by a 21 percent drop in the mining and quarrying index... percent. In the domestic market, January’s drop in industrial turnover was driven by a 16.6 percent
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Newsletter 383 - 02/06/2023
for March recorded the first decline in two years, with a marginal drop of 0.3 pct. The drop in volumes... of -57.9 points of October 2022. The overall economic sentiment in May posted a minor drop of 0.6 points... invasion in Ukraine. PPI The drop in produce prices picked up pace in April, falling by 13.3 pct year
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Greece's industrial production shows no signs of reversing the negative trend
EconomyMacroeconomyThe Industrial Production Index recorded a drop of 1.8 percent in September showing a decelerating trend following a drop exceeding 7 percent in the preceding two months, according to Hellenic... recording the highest decline, while the remaining monthly readings showed a mid-single digit drop
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