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EconomyMacroeconomy
Accommodation and food services index up 7.6 pct in Q3 The Turnover Index in Accommodation and Food Services grew by 7.6 percent in the third quarter (Q3) of 2014, following a rise of 6.7 percent in Q2, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Greek GDP up 0.7 pct in Q3 for third straight quarter of growth The Greek non-seasonally adjusted (NSA) GDP at constant prices posted a growth of 1.9 percent year on year (YoY) in Q3, higher than the flash estimate of 1.7 percent, according to the provisional data published by the Hellenic Statistical Authority (ELSTAT) on Friday.
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EconomyMacroeconomy
Greek retail index down 0.9 pct in Sept. although volume increases After increasing in the preceding three months, the turnover of Greece’s retail trade index fell by 0.9 percent in September following a downward revised 4.4 percent rise in August, according to the Hellenic Statistical Agency (ELSTAT).
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EconomyMacroeconomy
Greek trade deficit widens 34.2 pct in Sept as exports slip for third month Greece’s trade deficit widened by 34.2 percent in September after a drop of 29.5 percent in August, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
OECD sees more growth, falling unemployment in Greece In its latest Economic Outlook report published on Tuesday, OECD upward revised its GDP forecasts for Greece and is now expecting growth of 0.8 percent for 2014 from recession of 0.3 percent in its previous estimates published on May 6.
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EconomyMacroeconomy
Greek industrial turnover posts rise of 1.8 pct in September after earlier drop Τhe Turnover Index in Industry rose by 1.8 percent in September following an upward revised 4.1 percent drop in August, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Greece returns to growth after long recession, GDP figures show The Greek economy exited the recession in Q2 2014, posting the first GDP growth after 16 successive quarters of recession, according to the flash estimates published by the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Rate of drop in building activity increases to 19.9 pct in August Τhe number of building permits issued in Greece fell at a faster pace in August, dropping by 19.9 percent after an 8 percent drop in July, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Car sales still going strong in 2014; up by 33.7 pct in October Τhe rate of growth in the number of road motor vehicles going into circulation for the first time at dipped to 33.7 percent in October from 44.3 percent in September, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Industrial production falls by 5.1 pct in September for seventh straight drop The Greek Industrial Production Index (IPI) posted a decline for the seventh successive month in September, dropping by 5.1 percent following an upward revised 5.9 percent decrease in August, according to the Hellenic Statistical Authority (ELSTAT).