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  1. Drop in retail sales accelerates to 1.8 pct YoY in Aug, fall in volumes sharper
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales saw an accelerated drop of 1.8 percent year-on-year (YoY) in August, after a marginal decline of 0.2 percent in July, Hellenic Statistical Authority (ELSTAT) data showed... sentiment (ESI) deteriorated in October, falling to 107 points, from 110.2 in the previous month.

    13%

  2. Sharp drop of 5.1 pct in March industrial turnover driven by refined petroleum products
    Image via www.helpe.gr

    EconomyMacroeconomy

    indicators, Greece’s Manufacturing PMI saw a solid rise in April, when it reached 53.2 points from 55... confidence is up 2.5 points. Overall, Greece’s economic sentiment (ESI) was broadly stable in April at 107.4

    13%

  3. Industrial turnover falls by 9.1 pct YoY in Apr, driven by foreign markets and manufacturing
    Photo by MacroPolis

    EconomyMacroeconomy

    , Greece’s Manufacturing PMI saw a solid rise in April, when it reached 53.2 points from 55 points... points. Overall, Greece’s economic sentiment (ESI) was broadly stable in May at 107 points, from

    13%

  4. Industrial turnover drops by 1.8 pct YoY in July, driven by markets abroad
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    , with growth rates stronger than the series average. Greek manufacturing saw a tenth straight month... sentiment (ESI) continued in August, when the index reached 110 points, from 109.1 in the previous month.

    13%

  5. Greece saw first annual deflation in almost half a century in 2013

    EconomyMacroeconomy

    The drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the f...

    12%

  6. April saw first rise in Greek banks' Eurosystem funding this year

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise for the first time since December 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure stood at 61.96 billion at the end...

    12%

  7. Most Greeks saw income fall over last year, limiting purchasing power
    Photo by MacroPolis

    Society

    The results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...

    12%

  8. Increase in number of services that saw their turnover decrease in Q2

    EconomyMacroeconomy

    The evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...

    12%

  9. Almost all services in Greece saw decline in Q3

    EconomyMacroeconomy

    The evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...

    12%

  10. Office prices and rents saw substantial fall in H1 2014

    Economy

    The Bank of Greece (BoG) published on Monday for the first time its commercial property price and rent indices. The released data concerns office and retail price and rent levels of prime investment property and cover the period from the first half (H1)...

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