Greece Business Confidence

Business Confidence in Greece increased to 97.50 in March of 2014 from 94.80 in February of 2014. Business Confidence in Greece is reported by the European Commission. Business Confidence in Greece averaged 100.72 from 1985 until 2014, reaching an all time high of 119.10 in July of 2000 and a record low of 74.80 in March of 2009. In Greece, the Business Climate Indicator measures the current situation of the businesses and its future prospects. The survey is made by phone and covers 410 companies including sole proprietorships. The questionnaire focuses on: production trends in recent months, order books, export order books, stocks and production expectations. The indicator is computed through the estimation of a factor-model and summarizes the common information contained in the surveys. A rise in the indicator will point to an upswing in activity and an improvement in the business climate. This page provides - Greece Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
97.50 94.80 119.10 74.80 97.97 | 2014/04 1985 - 2014 Monthly

TO

Greece Business Confidence
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-11-28 10:00 AM Greece
Business Confidence
NOV 2013 91.2 91.2 90.42
2014-01-30 10:00 AM Greece
Business Confidence
Jan 2014 92.6 90.9 91.17
2014-02-27 10:00 AM Greece
Business Confidence
Feb 2014 94.8 92.6 90.95
2014-03-28 10:00 AM Greece
Business Confidence
Mar 2014 97.5 94.8 95.04
2014-04-29 10:00 AM Greece
Business Confidence
Apr 2014 97.5 97.96
2014-05-28 10:00 AM Greece
Business Confidence
May 2014 98.29
[+]

Business Last Previous Highest Lowest Forecast Unit
Industrial Production 1.70 2014-02-28 1.10 11.90 -13.70 -0.92 2014-03-31 Percent [+]
Business Confidence 97.50 2014-03-15 94.80 119.10 74.80 97.97 2014-04-30 [+]
Capacity Utilization 64.70 2014-02-15 65.90 83.80 62.80 67.64 2014-01-31 Percent [+]
Car Registrations 5866.00 2014-03-31 4356.00 33583.00 3373.00 5977.41 2014-04-30 Cars [+]
Manufacturing Pmi 49.70 2014-03-15 51.30 51.30 37.70 50.16 2014-04-30 [+]
Manufacturing Production 0.30 2014-01-31 -1.60 18.70 -16.00 -3.68 2014-02-28 Percent [+]
New Orders -26.00 2014-02-15 -32.00 6.00 -61.00 -32.66 2014-01-31 Percent [+]
[+]


Business Confidence | Notes
The Business Confidence Index is an indicator designed to measure the degree of optimism on the state of the economy that business owners are expressing through their activities of investing and spending. Decreasing business confidence often implies slowing economic growth because business owners are likely to decrease their investment. The idea is that the more confident business owners and managers feel about the economy, their companies, their jobs and incomes, the more likely they are to make investments and purchases.


RELATED NEWS

Greece Unemployment Rate Falls to 11-Month Low  
In January of 2014, Greek seasonally adjusted jobless rate fell to 26.7 down from a revised 27.2 percent in the previous month, but up from 26.5 percent a year earlier. Revised figures showed the unemployment fell for the fourth straight month.
Greek Trade Deficit Widens in February  
Greek trade deficit increased for the second consecutive month to a preliminary estimate of € -1.98 billion, due to a 7 percent drop in exports. A year earlier, the trade deficit reached € 1.76 billion.
Greek Trade Deficit Narrows in January  
Trade deficit in Greece narrowed to €1.62 billion in January of 2014 from €1.90 billion a year earlier, as imports shrank at a faster pace than exports. Compared with December of 2013, the trade deficit narrowed 16 percent, according to preliminary estimates.
Greece Unemployment Rate Falls Slightly  
In December of 2013, Greek seasonally adjusted jobless rate decreased marginally to 27.5 percent, compared to a downwardly revised 27.6 percent in November. The figure is more than twice the Euro Area’s average of 12 percent.
Greece Unemployment Rate Edges Up in November 2013  
In November of 2013, Greek jobless rate rose to a new record high at 28 percent from a revised 27.7 percent in October and 26.3 percent last year. Unemployment in Greece is more than twice the euro zone's record-high of 12.1 percent in the same period.
Greek Trade Deficit Narrows in December  
Preliminary estimates showed the Greek trade deficit decreased in the last month of 2013 to € 1.39 billion from € 1.5 billion in November and € 1.4 billion a year earlier.
Greek Unemployment Rate Up to 27.8% in October  
In October of 2013, Greece jobless rate slightly rose to a new record 27.8 percent, up from a revised 27.7 percent in September. A year ago, unemployment was recorded at 26.1 percent.
Greece Unemployment Rate at 27.4% in September  
The seasonally adjusted jobless rate in September of 2013 was 27.4 percent compared to 26.0 percent in September of 2012 and 27.3 percent in August.
Greek Trade Deficit Widens in October  
In October of 2013, Greece trade deficit increased to € 1.84 billion, from €1.54 billion in September, as exports fell while imports rose for the third consecutive month.
Greece Unemployment Rate Remained Unchanged in August  
In August, Greek jobless rate was 27.3 percent compared to 25.5 percent in August 2012 and 27.3 percent in July 2013. Youth unemployment grew to 60.6 percent.
MORE RELATED NEWS

LATEST NEWS

US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ a seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
Russia GDP Growth Slows Sharply in Q1  
Russian economy advanced an annual 0.8 percent in the first quarter of 2014, well below the 2 percent expansion recorded in the previous three-month period, Russia's Economy Minister Alexei Ulyukayev said addressing the parliament.
Bank of Canada Leaves Rates at 1%  
At its April 16th, 2014 meeting, Bank of Canada decided to leave the overnight lending at 1 percent, as the Bank continues to see a gradual strengthening in the fundamental drivers of growth and inflation.
US Industrial Production Slows in March  
Industrial production increased 0.7 percent in March after having advanced 1.2 percent in February. Yet, manufacturing output rose for the second straight month.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News