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Retail sales down by 3.8 pct in Jan for eighth straight fall
EconomyMacroeconomy. All store categories posted double-digit drop rates month on month (MoM) in January with the most.... Retail turnover has been reduced by almost one third since 2009 largely reflecting a similar drop... trade indicator slipped 0.2 points to 3 in March, after posting strong gains of 34.2 points
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Car sales rebound 3.4 pct in March
EconomyMacroeconomypercent of road motor cars. Nevertheless, the double digit-drop in February led the 3-month figure... years. The sharp drop reflects a nosedive of 30 percent per annum in the 2009-12 period. As a result, the number of car sales landed at 116,168 in 2015 from 347,354 in 2008. The strong rebound
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Newsletter 72 - 06/05/2016
to a further drop in incoming new orders, while outstanding business levels also deteriorated... in the manufacturing sector over the coming months. A further drop in incoming new orders was the main cause... society [in Europe] is strong. It is the people that have largely been responsible for dealing
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Travel receipts rebound 8.2 pct in March, but surplus drops 3.6 pct
EconomyMacroeconomypayments rose at a higher pace of 13.7 percent to 158.5 million, resulting in a drop of the March... million last year. The stable performance in travel receipts reflects a drop in non-residents arrivals... in Q1, while strong growth rates were recorded in arrivals from Russia (+134.9 percent), the US (+28.9
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Industrial production edges up 0.1 pct in September
EconomyMacroeconomyon the total index. The biggest drop of 15 percent was posted by mining and quarrying production... of crude petroleum and natural gas soared 162.1 percent followed by strong growth in other non-metallic... percent), while a double-digit drop was also posted in beverages (down 21.6 percent) and wood
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Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
EconomyMacroeconomyMinistry (MoF) and the European Commission (EC) expect private consumption to drop by 0.6 and 0.5... pace compared to exports by 9.6 percent in H1, reflecting a sharp drop in services by 24.1 percent... to a strong rebound well in excess of 2 percent. The most optimistic estimate of 2.8 percent is from the IMF
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Travel receipts rebound 2.3 pct in September, 9-month figure still points to a decline of 5.5 pct
EconomyMacroeconomycountries recorded a drop in September. In specific, arrivals from the US tumbled 34 percent, while... posted a double-digit growth for the second straight month of 12.5 percent in October. The strong rebound... with the 10-month figure now pointing to a marginal drop of 0.3 percent. Despite the overall positive
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Greek stocks rise for third consecutive week as trading increases
Economy, the market has posted gains of 5.9 percent. Bank stocks displayed a volatile performance, with strong... by 37 percent to 187.1 million. MIG posted a 3 percent drop in 9-month sales to 848.4 million... (NPL) reduction targets calling for a drop in the NPE and NPL stock by 40 and 50 percent respectively
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Greek PMI rises to 49.6 in May as uncertainty continues to impact
EconomyMacroeconomymonth and was fractional overall. A further fall in new orders, which led to a drop in output..., optimism remained strong. Greek manufacturers reduced their output for the ninth time in as many months...-weakest in the nine-month period and was slight overall. As a result of the drop in production
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GDP rises by 0.5 pct in Q2 as signs of recovery emerge
EconomyMacroeconomyexport growth of 3.8 percent, partially offset by a marginal drop in households’ consumption... a significant drop of 25.6 percent QoQ which also reflects that fact that gross capital formation had... YoY. The MoF expects a strong rebound of 5.9 percent in gross fixed capital formation this year
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