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  1. Greek May CPI falls 2 pct in one of biggest drops for more than a year

    EconomyMacroeconomy

    indicates the CPI eased 0.8 percent compared to April, mainly due to an 8.9 percent drop in clothing.... The 2 percent decrease of the CPI in May is largely due to a drop in prices of three sectors... deflationary reading in the past 15 months. Following a drop of CPI by 0.9 percent in 2013 for the first time

    7%

  2. Exports continued their decline, down by 8.3 pct in May

    Economy

    in May, following a steeper drop of 20.8 percent posted in April, according to the flash estimates... a modest drop of 0.9 percent. Excluding the impact of oil products, imports posted a higher rise of 7.6..., reflecting a drop in imports and exports by 1.6 and 7.8 percent respectively.

    7%

  3. Decline in Greek CPI slows to 1.1 pct in June after sharper fall in May

    EconomyMacroeconomy

    The Consumer Price Index (CPI) fell 1.1 percent in June, decelerating from the 2 percent drop... and footwear prices. The latter’s performance in June reversed the 8.9 percent drop posted in May, which.... The year on year decline of 1.1 percent in the June CPI mainly reflects a drop of 3.9 percent

    7%

  4. Industrial production rises again in May, by 1.8 pct, after two months of decline

    EconomyMacroeconomy

    drop of 0.3 percent to April to a marginal rise of 0.2 percent to May. Similarly to the monthly trend... drop of 2.5 percent with electricity production slightly slipping by 0.5 percent. The main industrial... a further drop.

    7%

  5. Building activity plunges by 35.6 pct in April, down by 75 pct since 2008
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    from the 16 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT... the highest drop, at -47.6 and -40.3 percent respectively. In contrast, the rate of decline in building... in 2008. This means there has been a cumulative drop of 75 percent that is more than three times

    7%

  6. Here's why IOBE think tank sees Greek economy growing 0.7 pct this year

    Economy

    consumption by 1.8 percent in 2014. The drop in public consumption is anticipated to decelerate... percent drop in imports. Export growth is entirely driven by services on the back of stronger... or marginally drop in 2014. For the economy to achieve high growth rates, IOBE suggests that lending

    7%

  7. Greek trade deficit up by 21.9 pct in May as exports sink further

    EconomyMacroeconomy

    increased 9.5 percent to 8.84 billion. This stems from a slight drop in imports by 0.7 percent... an increase of 7.5 percent, while exports recorded a slower drop at 4.9 percent. As a result, the underlying... lower demand from the eurozone. However, IOBE forecasts exports of goods to remain stagnant or drop

    7%

  8. Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows
    Photo by Harry van Versendaal

    Society

    drop of 3.6 percent. In terms of the number of rooms per person, Greece has the lowest ranking at 1.2... showed a drop of its share from 12.8 percent in 2008 to 8.4 percent in 2012. In contrast, the lowest... for non-Greek migrants exiting the country was the drop in the construction activity since more than half

    7%

  9. Greek CPI falls at slower pace of 0.7 pct in July

    EconomyMacroeconomy

    The drop in the Consumer Price Index (CPI) decelerated for the second straight month to 0.7 percent...). The July reading indicates the slowest drop in the CPI so far in 2014 and since July 2013. Greece has been... in the harmonized CPI, which slipped 0.8 percent year on year and 1 percent month on month. The year on year drop

    7%

  10. Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near

    EconomyMacroeconomy

    the estimates for a -0.4 percent drop. The first quarter was revised downwards to -1.1 percent from -0.9.... The largest drop in second quarter economic activity was recorded in 2011 with a decline of 8 percent, followed by a drop of 7.4 percent in 2012 and 4 percent last year. The Greek economy plummeted

    7%