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  1. Retail sales fall by 3.1 pct in Aug after fleeting rebound in July

    EconomyMacroeconomy

    . Retail volume also dropped by 2.6 percent in August, following a strong rebound of 9.5 percent in July...), pharmaceutical products and cosmetics (-2.1 percent) and supermarkets (-2.1 percent). In contrast

    4%
  2. Industrial production edges up 0.1 pct in September
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of crude petroleum and natural gas soared 162.1 percent followed by strong growth in other non-metallic mineral products (up 29.5 percent), machinery and equipment (up 29.4 percent) and motor vehicles

    4%
  3. Industrial turnover rises at accelerating pace of 9.4 pct in Sept

    EconomyMacroeconomy

    . The strong rebound in September reflects a similar rise in manufacturing turnover by 9.3 percent... petroleum products (+24 percent) and motor vehicles and trailers (+20.9 percent). On the flipside, the most

    4%
  4. Industrial turnover on downward trend again after 2.8 pct drop in Oct

    EconomyMacroeconomy

    (-2.8 percent), while turnover in energy edged down 0.3 percent. A strong rebound was posted in motor vehicles and trailers (+86.9 percent) followed by computers, electronic and optical products

    4%
  5. December retail sales seen down 2.5 pct amid tax onrush
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 0.5 – 0.6 percent for the whole year. For 2017, MoF and EC project a strong rebound of 1.8 and 1.5... in the excise tax on fuel (440 million) and tobacco products (142 million) and an increase

    4%
  6. Round of talks nearing end with limited progress, serious doubts about March 20 goal
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    that it still expects a strong recovery in 2017. On the out-of-court workout, which was also discussed... relate to reduction in the single property tax (ENFIA), lower VAT rate for certain products

    4%
  7. Industrial production improves by another 8.7 percent in March

    EconomyMacroeconomy

    to a strong rise in electricity production by 22.4 percent. Mining and quarrying production also grew..., the biggest drops were recorded in mining of metal ores (-26.3 percent), tobacco products (-21.1 percent

    4%
  8. CPI growth slows to 1.2 pct in May
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    and heating oil prices soared 30.6 and 30 percent respectively followed by strong rises in passenger... were also recorded in household textiles (-6.2 percent), in pharmaceutical products (-6.1 percent

    4%
  9. Newsletter 121 - 02/06/2017

    Newsletters

    months. Meanwhile, the corresponding volume fell by 1 percent in March after a strong but short-lived... and tobacco (-11.2 percent), department stores (-5.6 percent), pharmaceutical products and cosmetics

    4%
  10. Industrial turnover up by 8.6 pct in July, positive for eighth month

    EconomyMacroeconomy

    of 2016. The strong performance in July originates from an increase in the turnover index for mining...), printing and recording services (-21.9 percent) and leather and related products (-20.5 percent

    4%