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Industrial turnover down by 9.8 pct in Feb for fourth straight fall
EconomyMacroeconomythe beginning of 2014 and the second highest drop since April 2014. Note that the January figure... a similar drop in manufacturing turnover (-9.9 percent), while mining and quarrying turnover recorded a slower decline (-6.5 percent). The breakdown in the two key areas displayed a drop in both
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Industrial turnover falls for 5th straight month in March at decelerating 2.9 pct
EconomyMacroeconomyThe Turnover Index in Industry fell for the fifth successive month, yet the rate of drop... a broadly similar drop in both the manufacturing (-2.9 percent) and the mining and quarrying turnover (-3.2... drop by 2.9 percent. The regional breakdown for March showed mixed trends. The industrial turnover
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PMI improves in May but points to further deterioration in manufacturing
EconomyMacroeconomymonth but the rate of contraction was moderate and slower than that of April. The largest drop... showed that the drop in May’s incoming new work was largely attributed to uncertainty and adverse... progress on outstanding orders with a marked drop in the extent of backlog. Employment fell
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Greek primary cash surplus at 1.07 billion at end-May on lower expenditure
EconomyMacroeconomydrop by 6.5 percent. In particular for May, revenues fell significantly by 23.7 percent broadly similar to the 20.2 percent drop posted in the budget figure. According to the MoF, the drop.... The respective drop in budget expenditure was less than half (-3.4 percent). Interest payments grew
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Newsletter 34 - 10/07/2015
a sharp drop of 70 percent. Figures from the Hellenic Confederation of Commerce and Entrepreneurship... in the same period last year. This translates into a net drop in retail sales by 305 million over... recorded a drop of 20 percent, which could be eliminated if an agreement with the eurozone
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Industrial production down by 4 pct in May after three successive rises
EconomyMacroeconomya drop in May with the biggest in mining and quarrying production (-15 percent) followed by electricity... by sector displayed a sharp drop in motor vehicles and trailers (-36.5 percent), mining of coal... the seasonally adjusted IPI contracted 4.9 percent month on month (MoM) in May after a 2 percent MoM drop
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Newsletter 37 - 31/07/2015
sources, the drop in corporate turnover has ranged from 30 to 80 percent across the various business sectors. A recent survey by Endeavor Greece found 18 percent of companies indicated a drop in revenue... the start of approved co-financed projects, threatening the permanent loss of sources and a drop
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Rare rebound for retail trade with 2.5 pct rise in May
EconomyMacroeconomyThe turnover of Greece’s retail trade index rose by 2.5 percent in May following a 3.1 percent drop.... The highest MoM drop was posted by food, beverages and tobacco (-9.5 percent), books, stationery... a double digit drop since 2009. The latest retail business indicators published by the European
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Newsletter 38 - 07/08/2015
and businesses, with recent surveys pointing to an average drop of around 50 percent in company turnover... reading since June 2012. This was the second consecutive monthly decline and it was matched by a drop..., new orders, employment and stocks all saw a deterioration. The drop in output was attributed
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Greek deflation decelerates to 1.5 pct due to VAT rate hikes
EconomyMacroeconomyby 1.2 percent. Since then, the CPI decrease ranged between 2.1 to 2.8 percent. The slower drop... a drop by 0.4 percent from 1.3 percent in July. The August figure indicates the lowest reading over... groups. The biggest drop was recorded in housing (-7.3 percent) followed by clothing and footwear
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