The drop in the Industrial Production Index (IPI) accelerated in November to 6.1 percent following a downwards revised 4.7 percent decline in October, according to the Hellenic Statistical Authority (ELSTAT).
The Greek general government (gg) cash deficit to November fell by 54 percent to 4.43 billion with the gg cash primary surplus dropping by 14.3 percent to 1.99 billion from 2.31 billion last year, according to the bulletin released by the Ministry of Finance (MoF) on Tuesday.
Greek private sector deposits increased by 0.4 percent month on month (mom) in November, for the first time since May, with balances reaching 161.04 billion euros, according to the Bank of Greece (BoG). Net inflows stood at 394 million in November from outflows of 630 million in October.
Greek Manufacturing PMI advanced for second straight month in December, reaching its highest level in more than four years as it reached 49.6 points from 49.2 in November, according to Markit.
Here are our three most popular articles from the economy section in 2013. For those who have already read them, a big thank you from the Macropolis team. For those reading them for the first time, we hope it gives you an idea of what we do.
Three new indicators released on Monday by the Greek statistical authority, ELSTAT, paint an even grimmer picture of Greece's labour market than the one most experts had considered until now.
Greece's October current account (C/A) balance showed Greece’s deficit shrinking to 351 million euros from 577 million last year, according to the Bank of Greece (BoG).
The Turnover Index in Industry fell 9.3 percent in October, while New Orders Index in Industry dropped by 17.5 percent, according to the Hellenic Statistical Authority (ELSTAT).
The European Banking Authority (EBA) disclosed on December 16 the results of a transparency exercise covering 64 European banks from 21 countries. The aim of the exercise was to share updated information based on first half 2013 data about banks' operations according to uniform benchmarks.
The non-seasonally-adjusted unemployment rate eased for the second straight quarter in Q3, falling to 27 percent from 27.1 percent in Q2 and 27.4 percent in Q1, according to data released by the Hellenic Statistical Authority (ELSTAT).