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Turnover in services sector worsens again in Q2
EconomyMacroeconomyMost of the turnover indices for the services sector fell year on year in the second quarter (Q2) of 2016, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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Building activity slumps by 21.7 pct in June for sixth successive month
EconomyMacroeconomyGreek building permits fell for the sixth straight month by 21.7 percent in June, at a slower pace compared to the 31.5 percent drop recorded in May, Hellenic Statistical Authority (ELSTAT) data displayed on Monday.
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Industrial production up for fourth straight month in July with 4.1 pct rise
EconomyMacroeconomyGreek Industrial Production Index (IPI) rose for the fourth successive month in July, albeit at a decelerating pace of 4.1 percent, after an upward revised increase of 7.9 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
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CPI drops by 0.9 pct in August
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell at a slightly slower pace of 0.9 percent in August, after dropping by 1 percent in July, Hellenic Statistical Authority (ELSTAT) data displayed on Friday.
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Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 23.4 percent in June following an upwards revised rate of 23.6 percent in May, Hellenic Statistical Authority (ELSTAT) labour force survey displayed on Thursday.
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Car sales rise at a slower pace of 14.1 pct in Aug
EconomyMacroeconomyThe number of road motor vehicles (going into circulation for the first time) increased by 14.1 percent in August, decelerating from the exceptionally high 42.9 percent growth rate in July, which also reflected a low base effect, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
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Trade deficit expands by record 88.9 pct in July
EconomyMacroeconomyGreece’s trade deficit soared 88.9 percent in July following a 3.1 percent decline in June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
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Retail sales drop for thirteenth straight month by 5.2 pct in June
EconomyMacroeconomyThe turnover of Greece’s retail trade index continued heading south unabated, albeit at a slower pace of 5.2 percent in June from a revised drop of 7.9 percent in May, Hellenic Statistical Agency (ELSTAT) figures showed on Wednesday.
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Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
EconomyMacroeconomyThe Greek seasonally adjusted (SA) GDP at constant prices increased by 0.2 percent quarter on quarter (QoQ) in the second quarter (Q2) of 2016 after a revised drop of 0.2 percent in Q1, the Hellenic Statistical Authority (ELSTAT) provisional estimates displayed on Monday.
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Industrial turnover falls by 9.4 pct in June
EconomyMacroeconomyGreece’s industrial turnover continued its steady decline during 2016, falling by 9.4 percent year on year in June from a revised 13.6 percent drop in May, according to data released by ELSTAT on Friday.