Septem­ber wit­nesses re­bound in ex­ports

Kathimerini English - - Focus -

Greek ex­ports posted a 16.6 per­cent an­nual in­crease in Septem­ber, ac­cord­ing to Hel­lenic Sta­tis­ti­cal Au­thor­ity (ELSTAT) data. Ex­clud­ing fuel prod­ucts, the yearly rise comes to 12 per­cent.

Of course any com­par­i­son of Septem­ber 2016 with the same month of 2015 must take into ac­count that last year the mar­ket had wit­nessed the im­po­si­tion of cap­i­tal con­trols in late June 2015. This also ex­plains why, after the first six months of 2016 showed a ma­jor yearly de­cline in ex­ports, July and Au­gust were the first months this year to show a re­cov­ery on an an­nual ba­sis.

In the pe­riod from Jan­uary to end-Septem­ber ex­ports have shown an an­nual de­cline of 3.7 per­cent, com­pared with a drop of 6.3 per­cent in the first eight months of the year. Ex­clud­ing fuel prod­ucts, ex­ports showed a rise of 1 per­cent in Jan­uary-Septem­ber.

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