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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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Apartment prices down 9.2 pct in Q3 as lifting of foreclosure ban mulled
EconomyMacroeconomy, the drop in apartment prices accelerated from a mid-single digit level in 2010 and 2011 to a low double...) apartments, particularly in Athens, are those mostly hit. The respective drop in the transaction-related... are pointing to a figure close to 20,000 in 2013, implying a drop of 86.5 percent since 2007. A similar
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Narrowing of trade deficit slows in November as exports fall 22.5 pct
EconomyMacroeconomy(ELSTAT). The change to November shows a continued deceleration since the drop in the trade deficit... at a higher rate than imports. The low single-digit drop in November reflects imports falling by 15.3... of the oil bill was much smoother in 11-month exports, which exhibited a 2.5 percent drop excluding oil
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Electricity drives rare rise in Greek industrial production index
EconomyMacroeconomyin line with the 3.4 percent drop recorded in 2012. The monthly movements throughout 2013 indicate high... percent), July and August recording the highest drop (7.8 – 8.1 percent), while the other monthly readings showed a mid-single digit drop. It is worth noting that the IPI has only had five positive year
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Greek deflation slows to 1.5 pct in January
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) slowed to 1.5 percent in January from 1.7 percent... eased 1.2 percent due to a double-digit drop (-15.1 percent) in clothing and footwear most likely... as education are the two sectors mostly hit by deflation showing a drop ranging from 3.9 to 4.3 percent
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Greek trade deficit narrowed 15.4 pct in January
EconomyMacroeconomyto the Hellenic Statistical Authority (ELSTAT). The drop in January shows an accelerated trend compared... rise in the trade deficit. The January movement reflects a drop in imports by 9.4 percent to 3.75... to the double-digit drop in the previous three months. Excluding the impact of oil products, imports
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March fall for Greek industrial turnover is ninth in 15 months
EconomyMacroeconomyreading was revised from a marginal drop of 0.1 percent to a slight growth of 0.3 percent. The headline... 12 months. The modest decline in March by 1.1 percent is attributed to a drop in manufacturing..., the slightly negative movement in March reflects a drop in both the domestic and non-domestic market
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In third straight month of decline, industrial turnover falls 4.9 pct in May
EconomyMacroeconomyfour months showed a double-digit drop over this period. In addition, the average index posted... a double-digit drop (-14.2 percent). The latter was almost equally split for the eurozone and non... groupings - energy and capital goods - showed a drop of 11 and 1.6 percent respectively. Turnover
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Greek retail sales dive 8.5 pct in May after brief rise in April
EconomyMacroeconomyin April. The rate of drop in May retail turnover indicates the highest negative reading since... reason, the month on month (MoM) evolution showed a drop in May retail turnover and volume by 7.2... as furniture, electrical and household equipment posted the highest YoY drop at -17.8 and -11 percent
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