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EconomyMacroeconomy
Industrial turnover falls by 9.4 pct in June Greece’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.
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EconomyMacroeconomy
Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight Greece’s seasonally adjusted (SA) GDP at constant prices rebounded by 0.3 percent quarter on quarter (QoQ) in the second quarter (Q2) of 2016 after a revised drop by 0.1 percent in Q1, Hellenic Statistical Authority (ELSTAT) flash estimates showed on Friday.
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EconomyMacroeconomy
Building activity plummets 31.5 pct in May Greek building permits dropped for the fifth successive month at a notably accelerating pace by 31.5 percent in May, following a 5.3 percent decline in April, Hellenic Statistical Authority (ELSTAT) data displayed on Friday.
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EconomyMacroeconomy
Industrial production surges 7.5 pct in June, with highest growth rate since 2001 Greece’s Industrial Production Index (IPI) soared 7.5 percent in June following an upward revised rise by 3 percent in May, Hellenic Statistical Authority (ELSTAT) data displayed on Tuesday.
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EconomyMacroeconomy
Car sales soar 42.9 pct in July, also reflecting a low base effect The number of road motor vehicles (going into circulation for the first time) surged 42.9 percent in July after a short-lived drop of 2.5 percent in June, Hellenic Statistical Authority (ELSTAT) data displayed on Monday.
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EconomyMacroeconomy
CPI tumbles by 1 pct in July Τhe Greek Consumer Price Index (CPI) dropped at an accelerating pace of 1 percent in July after a 0.7 percent decline in June, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
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EconomyMacroeconomy
Trade deficit falls by 3.1 pct in June Greece’s trade deficit dropped by 3.1 percent in June after a double-digit increase in the preceding two months, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
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EconomyMacroeconomy
Unemployment rate stable at 23.5 pct in May after upward revision for April Greece’s seasonally adjusted (SA) unemployment rate remained stable at 23.5 percent in May after the April figure, initially reported at 23.3 percent, was increased to the same figure, the Hellenic Statistical Authority’s (ELSTAT) labour force survey showed on Thursday.
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EconomyMacroeconomy
Wages index up by 0.7 pct in Q1 for second straight increase The seasonally adjusted (SA) Wages Index rose for the second successive quarter in Q1 of 2016, when it increased by 0.7 percent, slightly accelerating from the 0.4 percent jump recorded in Q4 2015, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
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EconomyMacroeconomy
Decline in retail sales accelerates to 8 pct in May Greece’s retail sales index accelerated its decline in May, falling by 8 percent year on year from a revised 4.4 percent drop in April, according to data released by ELSTAT on Friday.