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Fall in apartment prices decelerates to 0.2 pct in Q1 for slowest contraction on record
EconomyMacroeconomyThe drop in the nominal value of apartments in Greece came to 0.2 percent year-on-year (YoY) in the first quarter (Q1) of 2018, slowing from a revised drop of 0.4 percent in Q4 2017, Bank of Greece (BoG) data showed on Tuesday. The latest figure marks three continuous quarters during which the drop
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Tourism institute shows international flight seat schedule to Greece down by 7 pct in 2019
EconomyFeaturesthat international tourist arrivals could drop by up to 7 percent in 2019. In a publication titled “The prospects... percent of tourism revenue in 2018, a drop of 7 percent in international arrivals can be expected.... It was noted that the drop comes after a 21 percent increase in scheduled seats seen between 2017
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Industrial turnover drops by 7.4 pct in October
EconomyMacroeconomya marginal drop of 0.6 percent in September, Hellenic Statistical Authority (ELSTAT) data published... and quarrying, followed by 7.2 percent drop in the manufacturing index. Industrial turnover... percent. The drop in the domestic market was driven by mining and quarrying lower by 12.9 percent
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Newsletter 247 -10/04/2020
that in March, Greece’s manufacturing switched from a trend towards pre-crisis recovery to a sharp drop...’s trade deficit increased by 7.8 percent year-on-year (YoY) in February compared to a drop of 9.8... a drop of 2.1 percent compared to the same month last year. A breakdown of the figures by geography
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Newsletter 249 -08/05/2020
. EC expects Greek GDP to drop by 9.7 percent Athens expects emergency fiscal measures to contain... to be hit badly by the pandemic, leading to a severe drop of 9.7 percent in 2020, which is the largest... and to rebound by 17.9 percent in 2021. Imports will drop by 18 percent this year and grow by 15.8 percent
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Industrial turnover drops by 30.4 pct in May
EconomyMacroeconomyGreece’s industrial turnover fell by 30.4 percent year-on-year (YoY) in May compared to a drop.... The monthly performance was led by a 30.5 percent drop in manufacturing, followed by a decline of 23.5... percent, while the turnover in the domestic market fell by 28.3 percent. The drop in the domestic
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PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
EconomyMacroeconomyactivity between April and June. The PBO notes that the annual drop of 15.2 pct that ELSTAT... initially thought. PBO notes that the economic deterioration in the second quarter was led by a drop in private consumption, lower investments and a sharp drop in exports that impacted the trade deficit
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Industrial turnover drops by 16.2 pct in July as manufacturing slows
EconomyMacroeconomyGreece’s industrial turnover fell by 16.2 percent year-on-year (YoY) in July compared to a drop... by a 16.5 percent drop in the manufacturing index. The turnover index in mining and quarrying rose by 9.7... in the domestic market fell by 17.8 percent. The drop in the domestic market was driven by a fall
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Industrial turnover drops by 10.7 pct in September on decline in petroleum products
EconomyMacroeconomyto a revised drop of 15 percent in August, Hellenic Statistical Authority (ELSTAT) data published... was led by a 10.8 percent drop in the manufacturing index. The turnover index in mining and quarrying... the turnover in the domestic market fell by 9.1 percent. The drop in the domestic market was driven
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Newsletter 274 -20/11/2020
in Covid-related drop for EU arrivals Greece managed to clear on Wednesday the fourth post-programme... turnover drops by 10.7 pct in Sept Headline figure driven largely by drop in petroleum products Greece... drop of 15 percent in August, Hellenic Statistical Authority (ELSTAT) data published showed
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