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Company closures dropped sharply during the pandemic
EconomyFeaturesin the jobs market, where monthly figures from the Labour Ministry’s Ergani database show a huge drop in both... in the number of closures to 158. The biggest drop was in information and communication, where there were 40.3 percent fewer closures, and construction, where the drop was 32.8 percent. There were
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Industrial turnover drops by 2.4 pct in February
EconomyMacroeconomywith a revised drop of 12.3 percent in January. The reading is the 13th straight decline, but the smallest... by a 18 percent drop in the mining and quarrying index. The turnover index in manufacturing fell by 2.2.... Turnover in the non-domestic market increased by 2.3 percent, following a drop of 4.3 percent
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Retail sales rise by 1.5 pct in Apr, food volumes down by 4.2 pct
EconomyMacroeconomy, with a rise of 1.5 percent year-on-year (YoY), from a marginal drop of 0.3 percent in March, Hellenic... index increased by 1.9 percent, after a drop of 3.9 percent in the previous month. The volume’s.... The inflationary effects are reflected in volumes, with fuels up by 1.2 percent, a 4.2 percent drop in foods
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Reflecting base effects, foreign market and manufacturing drive industrial turnover down sharply in May
EconomyMacroeconomypercent year-on-year (YoY), from an upwards revised drop of 7.6 percent in April, according to data... recorded drop since early 2021. April was the first negative reading since February 2021. The index has.... In the non-domestic market, the decrease was driven by a 23.8 percent drop in manufacturing. Mining
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Retail sales grow by 3.1 pct in Jul, as food sales continue to contract
EconomyMacroeconomy-on-year (YoY), after a drop of 1.3 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index recorded a drop of 3.4 percent. Sales volumes have been... index increased by 3.1 percent, after a 2.6 percent drop in the previous month. The volume’s
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Industrial turnover drops by 2.1 pct YoY in Oct due to foreign markets and manufacturing
EconomyMacroeconomyannual drop, something not seen since early 2021. April was the first negative reading since February..., while the non-domestic market was down by 10.3 percent. In the domestic market, the drop in October.... In the non-domestic market, the decrease was driven by a 11.4 percent drop in manufacturing. Mining
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Newsletter 410 - 02/02/2024
comes from consumer confidence, which was down by 6 points. Retail trade also recorded a sharp drop... of the drop is attributed to energy and fuels that were down by 12.8 pct annually. Non-durable consumer... a drop of 5.2 pct. Compared to November 2022, automotive fuel was down by 13.2 pct, non-food was up by 2
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Retail sales and volumes show worrying signs, turnover down 3.8 pct in Feb
EconomyMacroeconomyGreece’s retail sales went deeper into contraction in February, with a drop of 3.8 percent year... in 2023 and this is the first back-to-back drop in over two years. On a monthly basis, the seasonally adjusted index increased by 0.7 percent, after a 5.3 percent drop in the previous month. The volume’s
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Newsletter 458 - 04/04/2025
expensive in the US, leading only to a marginal drop of GDP by 0.05 pct, while when second-round effects... Retail sales grew by 2.5 pct year-on-year (YoY) in January, after a sharp drop of 5 pct in the previous... of 8.2 pct. Unemployment Greek unemployment continued to drop with a rate of 8.6 pct in February, from
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Building activity collapses by 41.3 pct YoY in Mar due to uncertainty over construction code
EconomyMacroeconomyBuilding activity tumbled in March with a collapse of 41.3 percent year-on-year, after a sharp drop... dropped by 43.3 percent. On a regional basis, the picture was all negative, with the biggest drop recorded in Ipeiros in north western Greece with 70.9 percent, while Attica also recorded a sharp drop
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