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Greek unemployment falls for seventh straight month, down to 25.7 pct
EconomyMacroeconomyand to a lesser extent a marginal drop by 0.1 percent MoM in the number of unemployed. The MoM rise... of unemployed showed a significant slowdown compared to the 1.3 to 1.8 percent drop posted... of drop for unemployed, which fell to -9 percent in September from -8.3 percent in August. Similarly
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Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership
EconomyMacroeconomy. For the whole year the time deposit rate recorded a drop of 100 bps on the end-2013 figure of 2.82 percent. Unlike the further drop in the deposit rate in December, the competitive yield of the 3- and 6-month... deposit rate will stall in the beginning of the year. Despite the sharp drop, the Greek time deposit
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Unemployment unchanged at 25.6 pct in Mar but number of employed still falling
EconomyMacroeconomyrate reflects a drop in the number of employed and unemployed by 0.5 and 0.4 percent month on month (MoM) respectively. The movement in the jobless figure represents a MoM drop for the tenth straight... a cumulative drop of 23.5 percent or 1,083,000 fewer employed since 2008. The number of unemployed
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Retail sales nosedive by 8.7 pct in July amid capital controls
EconomyMacroeconomypercent drop in June, the Hellenic Statistical Agency (ELSTAT) said on Wednesday. The July rate... displayed eight of the nine specialised store categories posted a drop. The highest was furniture..., while supermarket sales recorded the lowest drop (-2.3 percent). The comparison with the previous month
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Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
EconomyMacroeconomypercent drop in Q3, the Hellenic Statistical Authority (ELSTAT) flash estimates showed on Friday... a drop of 1.5 percent. GDP at current prices slipped 0.7 percent QoQ in Q4, at a slower pace compared to the Q3 drop decrease of 1 percent. In addition, Q4 GDP declined 2 percent YoY, decelerating
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Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015
EconomyMacroeconomyin the C/A balance by 1.09 billion year on year (YoY) drop reflects a shrinking of the goods’ deficit... that the drop in the goods’ deficit mainly stems from a 14.6 percent decline in imports. Exports fell... percent drop in the corresponding payments led travel balance to a surplus of 40.9 million from deficit
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Surprise 0.1 pct QoQ rise in Q4 GDP on investment rebound, 2015 recession at 0.3 pct
EconomyMacroeconomyQoQ decline posted in Q3. In addition, Q4 GDP fell 1.2 percent YoY, less than half the drop of 2.6... with a higher drop in imports compared to that of exports, which almost halved the trade deficit... consumption eased 0.1 percent QoQ in Q4, decelerating from the 1.1 percent QoQ drop in Q3, and 0.9 percent
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Newsletter 83 - 22/07/2016
month, diving by 13.4 percent in May in what reflects a similar drop in the manufacturing turnover... reflects a marked drop in the services surplus, attributed to lower net sea transport receipts, while... partially attributable to a 1.3-percent drop in foreign arrivals. Marking an end of era
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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomyon quarter (QoQ) in the second quarter (Q2) of 2016 after a revised drop by 0.1 percent in Q1, Hellenic... in Q2 after a revised flat growth in Q1, while it increased by 0.8 percent YoY, after a drop of 0.8... the 1.9 percent QoQ drop recorded in Q1. Three of the four business indicators displayed a deteriorating
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Current account surplus almost doubles to 1 bln in June
EconomyMacroeconomy, the services surplus fell by 141 million from last year. The modest drop in the goods’ deficit reflects... that despite the drop in exports at current prices by 5.4 percent, the respective figure at constant..., the latter reflects a drop in arrivals by 2 percent, while we conclude that the average spending per
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