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Newsletter 255 -26/06/2020
showed a decrease of 35 percent to 943,500. In total, arrivals showed a drop of 36.1 percent... Revenues drop and expenses rise as Covid-19 measures hit The budget primary balance recorded a deficit..., following a drop of 0.1 percent in Q4, Hellenic Statistical Authority (ELSTAT) figures revealed
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Trade deficit falls by 47.7 pct in May
EconomyMacroeconomyGreece’s trade deficit fell by 47.7 percent year-on-year (YoY) in May compared to a drop of 30.3 percent in April, data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday showed... a drop of 39 percent YoY. At the same time, exports totalled 2.07 billion euros, recording a drop
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Industrial production drops by 7.5 percent in May
EconomyMacroeconomypercent decrease in the mining and quarrying index, followed by a drop of 8.4 percent in manufacturing... to the same period in 2019. The aggregate was driven by a 8.7 percent drop in the electricity supply index and a drop of 3.3 percent in both the manufacturing index and the mining and quarrying index
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Trade deficit falls by 10.3 pct in June
EconomyMacroeconomyGreece’s trade deficit fell by 10.3 percent year-on-year (YoY) in June compared to a drop of 47.7 percent in May, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed... a drop of 9.2 percent YoY. At the same time, exports totalled 2.55 billion euros, recording a drop of 8.5
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Decline in car sales continues with 14 pct YoY fall during July
EconomyMacroeconomyin July, following a 24.7 percent drop in June and a sharp decline of 49.1 percent in May, Hellenic..., 49,748 were new vehicles, registering a drop of close to 40 percent. Passenger car sales fell by 32.6..., with the aggregate figure showing a fall of 15.6 percent. The sharp drop in vehicle purchases noted
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Trade deficit falls by 17.1 pct in July
EconomyMacroeconomyGreece’s trade deficit fell by 17.1 percent year-on-year (YoY) in July compared to a drop of 10.3 percent in June, data from the Hellenic Statistical Authority (ELSTAT) released on Monday showed... a drop of 12.7 percent YoY. At the same time, exports totalled 2.88 billion euros, recording a drop
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Accommodation and food services turnover collapses by 84.6 pct in Q2
EconomyMacroeconomy) in the second quarter (Q2) of the year, following a downward revised drop of 7.2 percent YoY in Q1... also marked a sharp drop of 46.3 percent QoQ. The data reflects the restrictions of mobility... collapsed by 96.9 pct YoY, after a drop of 22.1 percent YoY in Q1, led by coronavirus-related hotel
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Trade deficit falls by 27.1 pct in August
EconomyMacroeconomyGreece’s trade deficit fell by 27.1 percent year-on-year (YoY) in August compared to a drop of 17.1 percent in July, data from the Hellenic Statistical Authority (ELSTAT) released on Wednesday showed... a drop of 19.6 percent YoY. At the same time, exports totalled 2.06 billion euros, recording a drop
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IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
EconomyMacroeconomy, to fall by more than 10 pct annually. Beyond that, Athens sees a moderate drop in the last quarter... even deeper than the second quarter drop. In the medium-term, the Fund expects Greece to return... pct of GDP deficit in 2019. In 2021, the deficit will drop to 4.5 pct and more in line
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Newsletter 269 -16/10/2020
that, Athens sees a moderate drop in the last quarter of the year. This is its base case scenario, which... being a major drag that could push third quarter GDP even deeper than the second quarter drop... will drop to 4.5 pct and more in line with the recent trend with a current account deficit of 3.6 pct
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