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Unemployment up for second straight quarter to 24.9 pct in Q1
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate rose for the second successive quarter to 24.9 percent in Q1 of 2016 from 24.4 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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Turnover in services sector deteriorates in Q1
EconomyMacroeconomyThe majority of the turnover indices for the services sector fell year on year in the first quarter (Q1) of 2016, Hellenic Statistical Authority (ELSTAT) figures displayed on Wednesday.
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Building activity falls by 11.5 pct in March for third straight decline
EconomyMacroeconomyGreek building permits decreased by 11.5 percent in March at a slightly slower pace compared to the drop of 12.2 percent recorded in February, Hellenic Statistical Authority (ELSTAT) figures showed on Monday.
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Unemployment rate eases to 24.1 pct in March, lowest in four years
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down further to 24.1 percent in March from 24.2 percent in February, the Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday.
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CPI falls at decelerating pace of 0.9 pct in May
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell at a slower pace of 0.9 percent in May from a drop of 1.3 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
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Industrial production rebounds 2.8 pct in April
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rebounded by 2.8 percent in April after dropping in the preceding two months, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
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Car sales surge for second straight month, rising by 33 pct in May
EconomyMacroeconomyThe number of road motor vehicles (going into circulation for the first time) soared 33 percent in May following a strong rise of 24.5 percent in April, according to Hellenic Statistical Authority (ELSTAT) data published on Wednesday.
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Trade deficit soars 21 pct in April for highest rise since Dec 2014
EconomyMacroeconomyGreece’s trade deficit sharply rose by 21 percent in April after a 23.7 percent drop in March, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday.
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Retail sales fall by 4.3 pct in March for tenth straight decline
EconomyMacroeconomyThe turnover of Greece’s retail trade index dropped at a slower pace of 4.3 percent in March from an upward revised 7.6 percent in February, Hellenic Statistical Agency (ELSTAT) figures showed on Thursday.
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Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
EconomyMacroeconomyThe Greek seasonally adjusted (SA) GDP at constant prices contracted 0.5 percent quarter on quarter (QoQ) in the first quarter (Q1) of 2016 after a short-lived marginal increase by 0.1 percent in Q4 2015, the Hellenic Statistical Authority (ELSTAT) provisional estimates showed on Monday.