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ELSTAT
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EconomyMacroeconomy
Greek retail sales tumbled another 6.4 pct in September Retail sales headed south for yet another month with the contraction rate decelerating to 6.4 percent in September from 8.9 percent in August, according to Hellenic Statistical Authority (ELSTAT). A broadly similar trend and drop of 5.4 percent was also evident in retail volumes.
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EconomyMacroeconomy
Trade deficit soared 27.4 pct in Sept, down 13.6 pct for year Greece’s trade deficit soared 27.4 percent to 1.63 billion euros in September, while the respective 9-month figure retreated 13.6 percent to 14.47 billion, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Industrial turnover index falls 8 pct in September, new orders also down The Turnover Index in Industry dropped 8 percent in September, while New Orders Index in Industry also fell by 0.9 percent, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Unemployment rate remained unchanged at 27.3 pct in August The seasonally adjusted unemployment rate in August stayed flat at 27.3 percent, following a downward revision by 0.3 percentage points of the previously announced July rate of 27.6 percent, according to data released by the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Greece’s building activity remained in deep red for August Greek building activity (measured by the number of building permits) dropped by 10.5 percent in August with the respective surface figure easing 21.1 percent, while volume retreated 31.0 percent, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Greece's industrial production shows no signs of reversing the negative trend The Industrial Production Index recorded a drop of 1.8 percent in September showing a decelerating trend following a dip exceeding 7 percent in the preceding two months, according to Hellenic Statistical Authority (ELSTAT). September performance led nine-month figure down 3.6 percent compared to a 3.8 percent at the end of August.
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EconomyMacroeconomy
Greece goes deeper into deflation territory The drop in Greece’s Consumer Price Index (CPI) accelerated to 2.0 percent in October compared to a 1.1 percent decline in September, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, CPI marginally eased by 0.1 percent, while the average rate of CPI change over the trailing twelve months remains negative at -0.4 percent.
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EconomyMacroeconomy
Disposable income plunged 9.3 pct in Q2, dragging consumption down with it Greek household disposable income fell by 3.1 billion euros or 9.3 percent year on year (yoy) in the second quarter of 2013 and reached 30.1 billion, according to the Hellenic Statistical Authority (ELSTAT). The latest data indicates an accelerating decline compared to the first quarter drop of -7.4 percent.
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EconomyMacroeconomy
Industrial turnover and new orders indices rebound for second straight month The Turnover Index in Industry increased 1.7 percent in August, while New Orders Index in Industry also improved by 2.7 percent, according to the Hellenic Statistical Authority (ELSTAT). It is the second straight month both indices have rebounded concurrently, following a 3.7 percent and 1.6 percent respectively rise in July.
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EconomyMacroeconomy
Unemployment creeps up to 27.6 pct in July; little tourism boost evident The seasonally adjusted unemployment rate in July edged marginally higher to 27.6 percent from 27.5 percent in June, according to data released on Thursday by the Hellenic Statistical Authority (ELSTAT).