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Income
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EconomyMacroeconomy
Disposable income edges down 0.1 pct in Q1 Greek household disposable income slipped by 0.1 percent in the first quarter (Q1) of 2017, after edging up by 0.1 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) data revealed on Monday.
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Society
Material deprivation rises, while poverty risk drops slightly Severe material deprivation continues to rise in Greece across populations classified as poor and non-poor while the risk of poverty fell very slightly in 2016, (ELSTAT) data revealed on Friday.
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Society
Greeks tending to shop less often and opt for local products Recent research by the Athens University of Business and Economics showed that the crisis has made Greeks more inclined to prefer products made in Greece.
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EconomyMacroeconomy
Disposable income rises slightly in Q4 for first time since Q3 2014 Greek household disposable income edged up 0.1 percent in the fourth quarter (Q4) of 2016 after falling by 1.8 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
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Society
Pensions main source of finance for half of households as income falls again The inequality fuelled by the Greek crisis expanded even further in 2016, with three-quarters of households reporting that they were worse off quantitatively and qualitatively than before and with just under half of them claiming that they rely on pensions as their main source of income.
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EconomyMacroeconomy
Greek households saw net financial wealth plummet by 37.5 pct during crisis Τhe impact on Greek households’ financial wealth and liabilities during the crisis years is examined in a study included in the latest statistical bulletin published by Bank of Greece on Wednesday.
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EconomyMacroeconomy
Disposable income drops by 2.3 pct in Q3 on sharp rise in taxes Greek household disposable income fell for the eighth successive quarter in the third quarter (Q3) of 2016, when it decreased by 2.3 percent compared to a slight drop of 0.3 percent recorded in Q2, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday.
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EconomyMacroeconomy
Disposable income falls for second straight quarter, by 0.7 pct in Q2 Greek household disposable income dropped for the second straight quarter, albeit at a slower pace of 0.7 percent, in the second quarter (Q2) of 2016, compared to a decrease of 1.6 percent in Q1, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
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EconomyMacroeconomy
Disposable income drops 1.8 pct in Q1 on rise in taxes and social contributions Greek household disposable income fell by 1.8 percent in the first quarter (Q1) of 2016 after a short-lived modest rise by 0.3 percent in Q4 2015, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
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EconomyMacroeconomy
Disposable income edges up by 0.2 pct in Q4 on second straight rise in compensation of employees Greek household disposable income recorded a rise of 0.2 percent in the fourth quarter (Q4) of 2015 from a revised drop of 2.8 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday.