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  1. Building activity up again in May but with smaller rise of 1.9 pct

    EconomyMacroeconomy

    the trailing twelve months still points to a drop of 7.9 percent in permits entirely due to the negative... in May showed mixed trends. In particular, three regions posted a strong double digit growth, namely... a further drop in residential prices by 3.7 percent in 2015 and 1.2 percent in 2016 the significant

    6%
  2. Rebound of 9.38 pct on Tuesday almost erases Monday's Greek stock losses

    Economy

    this week, while the drop since the end of June, when capital controls were imposed, stands at 22 percent... Port – OLP (+3.7 percent). The strong rebound though was not accompanied by increased trading... at lower levels. The 3-year GGB yield showed the biggest drop easing by 0.8 percentage points (pp

    6%
  3. Retail sales fell by 1.7 percent in June, after a short-lived rise in May
    Photo by MacroPolis

    EconomyMacroeconomy

    months. Retail volume posted a modest drop of 0.4 percent in June after a strong rebound by 4.1... turnover has dived by almost 24 percent since 2009, primarily reflecting a sharp drop in disposable

    6%
  4. Retail sales down by 4 pct in August for third straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    rate by 2.2 percent in August, after a bigger drop of 7.2 percent in July, mainly reflecting... (-4.7 percent). On the flipside, a strong double digit rebound was posted by clothing and footwear... and pension cuts and increase in the personal and property taxes. The biggest cumulative drop in this 6-year

    6%
  5. Stock market slips 1.4 pct dragged by huge bank losses

    Economy

    The Greek stock market edged lower 1.4 percent this week amid strong under-performance of bank shares, which continued unabated for the fifth successive week. The sharp drop was amplified... results on Wednesday showing a sharp drop in net profits to 2 million from 20.8 million last year

    6%
  6. Unemployment edges down to 24.5 pct in Oct, lowest since May 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    unadjusted data, which remove the smoothing effect of statistical variation, show a similar drop... the number of unemployed has contracted by 123,200 mainly on the back of a strong tourism season... the higher year on year (YoY) drop in the jobless rate to 30.9 percent from 34.2 percent in October

    6%
  7. Newsletter 57 - 08/01/2016

    Newsletters

    drop in objective property prices, according to estimates. Yet, for a number of deprived areas... the number of unemployed has contracted by 123,200, mainly on the back of a strong tourism season.... Nevertheless, incoming new orders posted a drop for the sixteenth successive month. New export orders also

    6%
  8. Travel receipts rise 16 pct in Nov as surplus soars 84.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts rebounded by 16 percent in November after a 4.1 percent drop in October... percent to 641,500. The breakdown of inbound traveller flow showed the drop fully reflects a decrease... displayed strong growth rates from the US (+26.3 percent), the UK (+14.6 percent) and Germany (+14.2

    6%
  9. Building activity rebounds 7.2 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    building surface and volume posted a drop by 2.1 and 4 percent respectively. The geographical breakdown... at least for the next two years with official forecasts calling for a further drop in housing prices... confidence indicator released by the European Commission displayed a strong rise of 11.2 points

    6%
  10. Industrial production up by 4.6 pct in Jan

    EconomyMacroeconomy

    and quarrying posted a drop of 13.6 percent. According to the breakdown of the five main industrial groupings, there was a strong growth rate in capital goods (+17.2 percent), while production in energy rose..., while lower drop rates were recorded in intermediate goods (-1.8 percent) and consumer non-durables

    6%