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Electricity drives rare rise in Greek industrial production index
EconomyMacroeconomyin line with the 3.4 percent drop recorded in 2012. The monthly movements throughout 2013 indicate high... percent), July and August recording the highest drop (7.8 – 8.1 percent), while the other monthly readings showed a mid-single digit drop. It is worth noting that the IPI has only had five positive year
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Greek deflation slows to 1.5 pct in January
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) slowed to 1.5 percent in January from 1.7 percent... eased 1.2 percent due to a double-digit drop (-15.1 percent) in clothing and footwear most likely... as education are the two sectors mostly hit by deflation showing a drop ranging from 3.9 to 4.3 percent
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Greek trade deficit narrowed 15.4 pct in January
EconomyMacroeconomyto the Hellenic Statistical Authority (ELSTAT). The drop in January shows an accelerated trend compared... rise in the trade deficit. The January movement reflects a drop in imports by 9.4 percent to 3.75... to the double-digit drop in the previous three months. Excluding the impact of oil products, imports
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March fall for Greek industrial turnover is ninth in 15 months
EconomyMacroeconomyreading was revised from a marginal drop of 0.1 percent to a slight growth of 0.3 percent. The headline... 12 months. The modest decline in March by 1.1 percent is attributed to a drop in manufacturing..., the slightly negative movement in March reflects a drop in both the domestic and non-domestic market
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In third straight month of decline, industrial turnover falls 4.9 pct in May
EconomyMacroeconomyfour months showed a double-digit drop over this period. In addition, the average index posted... a double-digit drop (-14.2 percent). The latter was almost equally split for the eurozone and non... groupings - energy and capital goods - showed a drop of 11 and 1.6 percent respectively. Turnover
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Greek retail sales dive 8.5 pct in May after brief rise in April
EconomyMacroeconomyin April. The rate of drop in May retail turnover indicates the highest negative reading since... reason, the month on month (MoM) evolution showed a drop in May retail turnover and volume by 7.2... as furniture, electrical and household equipment posted the highest YoY drop at -17.8 and -11 percent
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Loan rates rebounded in July, deposit rates continued heading south
EconomyMacroeconomypercent in July, according to the Bank of Greece (BoG). The year to date drop stands at 54 bps... narrowed by 6 bps to 1.45 percent in July from 1.51 percent in June, with the year to date drop...’ sectors from June backwards, which now show that the average loan rate drop in June stood at 27 bps
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OECD report paints grim picture for Greece's labour market
EconomyMacroeconomy, following a 4.8 percent drop in 2012, 8.8 percent in 2011 and 6.9 percent in 2010. Except 2012... an economic adjustment program, Spain also showed a drop in each of the 4-year period ranging from -1.1 to -2.5 percent, while the respective drop in Ireland stood at slightly higher levels, between
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ELSTAT survey finds 2013 household budgets devastated, inequality persists
Societyexpenditure by sub-categories revealed that the highest YoY drop in 2013 was posted in liquid fuels (-17.56... drop. On the flipside, expenditure for medicines (+5.11 euros), cafes (+3.68 euros) and tobacco (+3.4... consumption showed a slight increase of 1.2 percent and natural gas a drop of 3.2 percent. In addition
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Slight uptick in October for Greek PMI, which remains in contraction
EconomyMacroeconomydecreased in October with production posting a drop, albeit marginal, for the third time in the last... to September. The survey also indicated a sharp drop in stocks of purchases, while stocks of finished... and a further drop in manufacturers’ charges. The movement in purchase prices reversed a marginal drop
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