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Drop in Greek industrial production accelerates in June, falling by 6.7 pct
EconomyMacroeconomycompared to the 0.9 percent drop posted in May, according to the Hellenic Statistical Authority (ELSTAT... production retreated 3.2 percent, mainly reflecting a double-digit drop in electricity production (-12.4... in the 6-month period. Most of the main industrial groupings recorded a drop in June with consumer
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BoG shows lower deposit rates and a sharper drop in loan rates in June
EconomyMacroeconomy. Despite the drop recorded so far in time deposit rates, they remain 60-100 bps higher than those... euros depicted the highest drop at 120 and 101 bps respectively. The former now stands at 6.60 percent.... The combination of an 8 and 54 bps drop in the average deposit and loan rates, led the average spread
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Rate of drop in building activity increases to 19.9 pct in August
EconomyMacroeconomypercent after an 8 percent drop in July, according to the Hellenic Statistical Authority (ELSTAT... regions. Thessaly and Attica posted the highest drop, at 33.4 and 29 percent respectively. In contrast... are expected to drop by 6 percent overall in 2014, while market sources indicate a decline up to 7 percent
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November sees highest MoM drop in employment as headline figure remains at 25.8 pct
Economyreflects a MoM drop in the number of employed and jobless by 0.8 and 1.1 percent respectively... the past five years, the number of employed has nosedived by 991,000 corresponding to a drop of 21.9..., implying a YoY drop of 6.4 percentage points, still remaining at extremely high levels. In the next
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Sharp drop of 4.2 pct in Greek industrial turnover in May
EconomyMacroeconomyThe drop in Greece’s Turnover Index in Industry accelerated to 4.2 percent in May from a revised... turnover over the last twelve months shows a drop by 1.9 percent, as a double-digit rise in June 2014 smoothed the 12-month trailing rate. The decrease by 4.2 percent in May reflects a drop in manufacturing
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Manufacturing PMI falls to record low in July, new business sees biggest drop
EconomyMacroeconomy. The drop in output, the seventh in successive months, is attributed to: a) Diminishing production... that further weighed on sales. On top of this, a considerable and accelerated drop in new export orders... was evident in employment, which tumbled at the steepest pace in more than 16 years. The drop over
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Rate of drop in apartment prices picks up again in Q2
EconomyMacroeconomyAfter decelerating in the preceding seven quarters, the drop in Greek apartment prices accelerated... by more than 20 percent each year from 2008 until 2014. The biggest drop was recorded in 2011 when appraisals fell by 42.5 percent and a similar drop was posted by volume and value at 39.8 and 40.1
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Marked drop of 50 bps in new time deposit rate in July amid capital controls
EconomyMacroeconomytime deposit rate recorded a marked drop by 50 basis points (bps) to 1.31 percent in July, according... above 250,000 and below 1 million euros. 2) Significant drop by 58 bps to 3.94 percent for amounts..., the weighted average rate on new loans decreased by 3 bps in July, after a drop by 23 bps in June
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July trade deficit lands at 715 mln as imports post biggest drop on record
EconomyMacroeconomyGreece’s trade deficit plummeted by 63.1 percent in July from a drop of 14.1 percent in June... fell at a slower pace by 8 percent. The rate of drop in trade deficit is the biggest since 2005... by 26.7 and 36.7 percent respectively. Following the sharp drop in July, the aggregate figures
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Drop in trade deficit slows to 8.8 pct in August as decline in imports decelerates
EconomyMacroeconomyof 715 million recorded in July. The recorded drop in August reflects a similar decline in both imports... percent as the respective exports rose by 6.8 percent, while imports recorded a broadly similar drop... in August, the aggregate figures for the 8-month period point to a drop in trade deficit by 18.5 percent
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