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Retail sales down by 4 pct in August for third straight fall
EconomyMacroeconomyThe turnover of Greece’s retail trade index dropped for the third successive month in August, albeit at a decelerating pace by 4 percent from 8.6 percent in July, Hellenic Statistical Agency (ELSTAT) data showed on Friday. The August figure is the seven...
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Car sales down by 13.8 pct in Oct for the second fall this year
EconomyMacroeconomyThe number of road motor vehicles (going into circulation for the first time) fell by 13.8 percent in October, after rising by 6.7 percent in September, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday. The October headline figure indic...
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Travel receipts fall by 5.4 pct in Sept for first drop in 2015
EconomyMacroeconomyGreece's travel receipts fell by 5.4 percent in September after rising by 7.3 percent in August, Bank of Greece (BoG) data showed on Monday. The September headline figure is the first negative reading in the course of 2015. In absolute terms, travel rec...
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Apartment prices fall at an accelerating pace of 6.1 pct in Q3
EconomyMacroeconomyGreek apartment prices fell by 6.1 percent in the third quarter (Q3) of 2015, at an accelerating pace compared to the downward revised 5 percent drop recorded in Q2, Bank of Greece (BoG) data showed on Wednesday. The performance in Q3 indicates housing ...
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Retail sales fall at slightly slower pace of 3.9 pct in Oct
EconomyMacroeconomyThe turnover of Greece’s retail trade index continued heading south in October, when it dropped by 3.9 percent from a 5.3 percent decrease in September, Hellenic Statistical Agency (ELSTAT) data showed on December 31. The October headline figure represe...
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Fall in industrial turnover slows to 1.8 pct in December
EconomyMacroeconomyThe drop in Greece’s Turnover Index in Industry markedly slowed to 1.8 percent in December from a revised 10.2 percent drop in November, Hellenic Statistical Authority (ELSTAT) figures displayed on Friday. The December headline figure indicates the four...
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Greek stocks fall 3.1 pct over week, volumes soar on Friday due to FTSE reclassification
EconomyAfter rising in the previous four weeks, the Greek stock market fell 3.1 percent this week. This mostly reflected a drop of 3.3 percent on Friday. The last session was accompanied by a jump in turnover attributed to the country’s reclassification by FTS...
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Travel receipts fall 4.7 pct in Jan but surplus rises to 32.1 mln
EconomyMacroeconomyGreece's travel receipts dropped by 4.7 percent in January after rising by 12.2 pct in December, Bank of Greece (BoG) figures showed on Wednesday. In absolute terms, travel receipts landed at 161.1 million euros in January, while the corresponding payme...
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Trade deficit rises 14.3 pct in Feb as exports fall for 10th month
EconomyMacroeconomyGreece’s trade deficit increased by 14.3 percent in February after declining in the three previous months, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The marked rise in February reflects an increase in imports by 1.9 percent cou...
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Credit contraction slows to 2.1 pct in March, loan deductions fall to 146 mln
EconomyMacroeconomyGreek bank credit contraction decelerated to 2.1 percent in March after a short-lived acceleration to 2.3 percent in February, Bank of Greece (BoG) figures showed on Wednesday. The net lending flow stayed negative for the third successive month, but alm...
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