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Greek unemployment drops slightly to 25.8 pct in October on lower jobless
EconomyMacroeconomypercent in September. The recorded drop in the October rate is mainly attributed to a 1.1 percent...) above that of men (23.1 percent). Despite an almost 7 pp drop YoY, youth unemployment (15-24 years.... Five years earlier it was at 27.5 percent. The YoY drop in the next two age groups (25-34 and 35-44
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General government cash surplus widens to 3.68 bln in November, arrears down by 502 mln
EconomyMacroeconomydrop of 235 million. November figure of arrears is the lowest reading so far in 2014, with the peak of 5.34 billion posted in April. The bulk of the marked MoM change of 502 million stems from a drop.... The YtD drop stands at 23.1 billion and mainly reflects: 1) A reduction in the bank support scheme
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Greek time deposit rate down to 1.88 pct in November, lowest since euro entry
EconomyMacroeconomyaccessed the euro area in 2002. The year-to-date (YtD) drop in the time deposit rate reached 94 bps... rate in the other comparable countries such as Portugal and Italy. The drop in the time deposit rate... in November extending the year to date drop above the 60 bps mark. The most important change
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Greek CPI dives 2.6 pct in December as deflation deepens to 1.3 pct in 2014
EconomyMacroeconomythe 2.9 percent drop posted in November 2013. The monthly evolution showed that the CPI slipped... groups of goods and services recorded a year on year (YoY) drop in prices in December with the most... exceeded the Greek government and troika updated estimates for a CPI drop of 0.8 to 1 percent for 2014
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Stronger rise of 4.1 pct for Greek industrial turnover in October
EconomyMacroeconomyat an accelerating pace of 4.1 percent from an upward revised 2.4 percent drop in September, according... still points to a drop of 2.4 percent. The change in October mainly reflects a similar rise...). In contrast, the sharpest drop was recorded in other transport equipment (down 51.4 percent
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Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
Economya drop in revenues by 17.7 percent and seasonally high primary (+1.5 billion MoM) as well as Public... higher drop (-3.7 percent) to 46.62 billion, 3.53 billion short of target. Although increasing MoM... billion, 424 million short of target. That performance was mitigated by a minor drop in 2014 PIB
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Industrial turnover dips again in November after upswing in two previous months
EconomyMacroeconomypointing to a decelerating drop of 1.5 percent. The evolution of industrial turnover in November...-domestic market by 2.3 percent, counterbalanced by a drop in the domestic market by 3.1 percent.... The highest drop was posted by transport equipment (down 62 percent), followed by leather and related
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Greek retail turnover index down 1.6 pct in November
EconomyMacroeconomycategories displayed mixed trends. Food, beverages and tobacco recorded a double-digit drop (-10.6 percent... showed retail turnover an volume slipped by 0.8 and 0.3 percent respectively. The highest drop... the sharp drop in household disposable income by more than 28 percent on heightened unemployment
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Greek Manufacturing PMI down to 48.3 pts in January, reaches 15-month low
EconomyMacroeconomy, manufacturers’ selling prices recorded a substantial drop similar to that evident in December. Moreover, the average input prices fell for the first time in the last four months, indicating the most marked drop... was reportedly a factor behind the sector’s worsening performance”, while the drop of the headline figure
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Greek Q4 GDP down 0.2 pct QoQ, 2014 nominal GDP stays in recession
EconomyMacroeconomyof internal devaluation and deflation (1.3 percent), contracted 0.2 percent YoY in Q4 from a drop of 0.3... percent YoY contraction in each of the first two quarters of the year. The largest drop... more than 70 percent of GDP but has posted a cumulative drop of more than 24 percent since 2008
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