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Deposit outflows of 1.5 bln in Jan after seasonally high inflows in Dec
EconomyMacroeconomyThe Greek market recorded outflows of 1.53 billion euros in January after the seasonally high inflows of 2.8 billion in December, Bank of Greece (BoG) figures revealed on Tuesday. A similar pattern was also evident last year, when the December 2015 posi...
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Unemployment rate stable for third month at 23.1 pct in Dec
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment remained stable for the third month in a row, registering 23.1 percent in December, following revisions of the previous two months’ data, Hellenic Statistical Authority (ELSTAT) labour force survey revealed...
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Building activity rebounds 2.1 pct in Dec, falls 5.5 pct in 2016
EconomyMacroeconomyGreek building permits rose by 2.1 percent in December after dropping by 1.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data revealed on Monday. The absolute figure of permits reached 1,270 in December, which is the second hi...
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Retail sales rebound 1.4 pct in Jan after brief fall in Dec
EconomyMacroeconomyThe turnover of Greece’s retail trade index increased by 1.4 percent in January after a brief drop of 1.3 percent in December, Hellenic Statistical Agency (ELSTAT) data revealed on Friday. The January headline figure represents the fourth positive readi...
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Unemployment rate at 23.5 pct in Jan, stable from upward revised Dec figure
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment stayed stable at 23.5 percent in January 2017 after an upward revision of the December figure, which was initially reported at 23.1 percent, Hellenic Statistical Authority (ELSTAT) labour force survey showe...
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Building activity up by 45.7 pct in May, highest since Dec 2005
EconomyMacroeconomyHellenic Statistical Authority (ELSTAT) data released on Friday showed that Greek building permits increased by 45.7 percent in May, comfortably reversing the decline of 0.9 percent noted in April. The headline figure returns building permit activity to...
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Unemployment falls to 21.2 pct in June, lowest since Dec 2011
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment fell to 21.2 percent in June after a downwardly revised figure of 21.5 percent in May, the Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday. The headline figure means that th...
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Economic sentiment reaches 101 pts in Dec, highest in more than 3 years
EconomyMacroeconomyGreece’s economic sentiment (ESI) had one of its most marked improvement of 2017 in the final months of the year, when it edged up by 2.6 points to 101 from 98.4 in November, European Commission (EC) figures revealed on Monday. December was the second t...
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CPI rises by 0.7 pct in Dec for first 12-month positive streak after four years of deflation
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 0.7 percent in December, slowing from November’s growth of 1.1 percent, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The latest headline figure means that the prices index in 2017 completed i...
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Primary cash balance falls to deficit of 877 mln in Dec, expenditure rises
EconomyMacroeconomyGreece’s central government primary cash balance landed at a deficit of 877 million euros for the full year up to December 2017, compared to a surplus of 1.95 billion euros for 2016, Bank of Greece (BoG) data revealed on Thursday. December’s figure is t...
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