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EconomyMacroeconomy
Retail sales rise in July for second straight month - not seen since 2010 The turnover of Greece’s retail trade index increased for the second straight month by 1.5 percent in July, following a marginal increase of 0.4 percent in June, according to the Hellenic Statistical Agency (ELSTAT).
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EconomyMacroeconomy
Greek wages index falls 1 pct in Q2, down 23.8 pct since 2010 After a short-lived year on year (YoY) rise of 2 percent in Q1, the seasonally adjusted Wages Index fell 1 percent in Q2, while it remained stable quarter on quarter (QoQ), according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Greek trade deficit widens by 29.4 pct in July as import rate soars The rate at which Greece’s trade deficit is expanding was back into double digits in July, when it increased by 29.4 percent from 7.4 percent in June, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Current account surplus reaches 1.68 bln in July thanks to services Greece's current account (C/A) balance posted a surplus for the second straight month in July, reaching 1.68 billion euros in July, which was 40.3 percent down year on year (YoY), according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Industrial turnover up 0.4 pct in July for rare second straight month of growth The Turnover Index in Industry advanced for the second straight month in July, rising by 0.4 percent following an upward revised 11 percent increase in June, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Seasonal jobs bring down Q2 unemployment to 26.6 pct but long-term jobless rising The non-seasonally-adjusted unemployment rate posted a drop both year on year (YoY) and quarter on quarter (QoQ) to 26.6 percent in Q2 2014 from 27.8 percent in the previous quarter and 27.3 percent in Q2 2013, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Increase in number of services that saw their turnover decrease in Q2 The evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Building activity falls 10.7 pct in June after brief rise in May After a short-lived rise of 1.2 percent in May, the number of building permits issued in Greece fell by 10.7 percent in June, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Greek unemployment rate hovers at 27 pct in June The seasonally adjusted jobless rate further slipped to 27 percent in June following a downward revised 27.1 percent recorded in May, according to the Hellenic Statistical Agency (ELSTAT).
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EconomyMacroeconomy
Greek CPI down by 0.3 pct in August as rate of decline slows for third month in a row The decline in the Greek Consumer Price Index (CPI) slowed down for the third successive month to -0.3 percent in August from -0.7 percent in July, according to the Hellenic Statistical Authority (ELSTAT).