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EconomyMacroeconomy
Industrial production drops 2.1 pct in July but rate of decline slows The rate of drop in the Greek Industrial Production Index (IPI) slowed to 2.1 percent in July after a revised 5.4 percent decline in June, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Car sales up by 20.8 pct in August but rise continues to slow The rate of increase in the number of road motor vehicles going into circulation for the first time slowed for the second consecutive month to 20.8 percent in August from 25.9 percent in July, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth Greek non-seasonally-adjusted GDP contracted 0.3 percent year on year (YoY) in the second quarter (Q2) of 2014 from -1.1 percent in Q1, according to the provisional data published by the Hellenic Statistical Authority (ELSTAT) today.
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EconomyMacroeconomy
Small but rare rise of 0.4 pct for Greek retail turnover in June The turnover of Greece’s retail trade index rebounded 0.4 percent year on year (YoY) in June after falling by a revised 8.3 percent in May, according to the Hellenic Statistical Agency (ELSTAT).
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EconomyMacroeconomy
Greek trade deficit rises by 7.4 pct in June but rate of increase slows After a double-digit rise in the preceding four months, the rate of increase in Greece’s trade deficit decelerated to 7.4 percent in June from 21.9 percent in May, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Services help increase Greek current account surplus to 1.37 bln in June Greece's June current account (C/A) balance showed the country’s surplus widening by 53 percent to 1.37 billion euros from 898 million last year, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Industrial turnover rebounds by 10.5 pct in June after three months of decline After retreating in the preceding three months, the Turnover Index in Industry rebounded by 10.5 percent in June, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near The Greek economy recorded the 24th consecutive period of decline in Q2 of 2014 as Gross Domestic Product measured in constant prices declined by 0.2 percent year on year, which was better than the estimates for a -0.4 percent drop.
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EconomyMacroeconomy
First positive reading for building activity in 6 months after 1.2 pct rise in May The number of building permits issued in Greece rose by a modest 1.2 percent in May, after a nosedive of 36.5 percent in April, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Drop in Greek industrial production accelerates in June, falling by 6.7 pct The Greek Industrial Production Index (IPI) fell 6.7 percent in June at an accelerating pace compared to the 0.9 percent drop posted in May, according to the Hellenic Statistical Authority (ELSTAT).