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  1. Big drop in March sees PMI settle at 42.5 pts as Covid-19 measures bite
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    was buoyed by longer supplier delivery times (usually a sign of improving demand). A sharp fall... to retain clients. Reduced client demand led to a sharp fall in input buying, and vendor performance

    4%

  2. Unemployment at 16.4 pct in January
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    . Since the peak of 1.35 million unemployed in September 2013, unemployment has shown a fall of 43.1... percent. The unemployment rate for men stood at 13.5 percent, equal to a fall of 1.1 pps year

    4%

  3. Industrial production falls by 3.4 percent in February
    Photo by MacroPolis

    EconomyMacroeconomy

    index, followed by a 2.1 percent fall in the manufacturing index and a 1.1 percent fall in the water

    4%

  4. Car sales drop by 80.6 pct in April
    Photo by David Rankin https://flic.kr/p/AntsE2

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time plummeted by 80.6 percent in April, compared to a fall of 50.8 percent in March, Hellenic Statistical Authority (ELSTAT) data showed..., with the aggregate figure showing a fall of 24.5 percent. The increase in car sales in recent years have been

    4%

  5. Current account shows deficit of 1.10 bln in March as Covid-19 hits trade & travel
    Image via www.moh.gr

    EconomyMacroeconomy

    4.21 billion euros, a fall of 12.8 percent YoY. BoG noted that the decline in imports and exports... period decreased by 5.6 percent. Travel payments showed a fall of 25.5 percent to 433.7 million

    4%

  6. Newsletter 251 -22/05/2020

    Newsletters

    in the domestic market was driven by a fall in manufacturing of 9 percent. Greece’s industrial turnover fell.... The drop in the domestic market was driven by a fall in manufacturing of 9 percent, while mining

    4%

  7. Unemployment drops to 16.2 pct in Q1, excluding furloughed workers
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent of their remuneration. The current quarter’s movement was driven largely by a fall... unemployed is the lowest since Q4 2010. This was combined with a QoQ fall of around 49,200 in those

    4%

  8. Newsletter 254 -19/06/2020

    Newsletters

    . The current quarter’s movement was driven largely by a fall in the number of unemployed by around 9,400.... This was combined with a QoQ fall of around 49,200 in those employed, bringing the total to 3.85

    4%

  9. Current account shows deficit of 1.13 bln in April, travel receipts crash as arrivals dry up
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    . At the same time, total imports reached 3.25 billion euros, a fall of 28.8 percent YoY. BoG noted... showed a fall of 52.3 percent to 436.3 million. In the other accounts, primary income came

    4%

  10. Travel balance falls by 97.8 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    400,000 euros. Receipts from travellers within the EU but not euro-denominated showed a fall of 93... to a fall of 49.4 percent YoY. Average expenditure per trip dropped by 21.5 percent to 333.33 euros

    4%