Macroeconomy
Employment balance positive by 4,342 in August, aggregate shows 169,239 fewer jobs created
The employment balance was positive with 4,342 more hirings than firings in August, data from the Labour Ministry’s Ergani information system showed.
Wages index up by 3.8 pct YoY in Q2 2020
Greece’s seasonally adjusted (SA) Wages Index turned positive by 3.8 percent year-on-year (YoY) in the second quarter (Q2) of 2020, following a drop of 0.2 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures revealed on Friday.
Accommodation and food services turnover collapses by 84.6 pct in Q2
The turnover index in accommodation and food services collapsed by 84.6 percent year-on-year (YoY) in the second quarter (Q2) of the year, following a downward revised drop of 7.2 percent YoY in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Building permits rise by 17 pct in June
Building permits rose by 17 percent year-on-year (YoY) in June compared to a fall of 8.7 percent in May, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.
Unemployment rises to 18.3 pct in June
Greece’s seasonally adjusted (SA) unemployment rate came to 18.3 percent in June from an upward revised figure of 17.3 percent in May, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
CPI falls by 1.9 pct YoY in August
Greece’s Consumer Price Index (CPI) fell by 1.9 percent year-on-year (YoY) in August compared to a decline of 1.8 percent seen in July, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Car sales drop by 23.6 pct in August and 29.4 pct in first 8 months
Road motor vehicles going into circulation for the first time fell by 23.6 percent in August, compared to a drop of 14 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Industrial production drops by 0.2 percent in July
Greece’s Industrial Production Index (IPI) decreased by 0.2 percent year-on-year (YoY) in July following a slightly downward revised decrease of 0.2 percent in June, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday.
Trade deficit falls by 17.1 pct in July
Greece’s trade deficit fell by 17.1 percent year-on-year (YoY) in July compared to a drop of 10.3 percent in June, data from the Hellenic Statistical Authority (ELSTAT) released on Monday showed.
General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
Greece’s general government (gg) primary cash deficit came to 7.46 billion euros in the first seven months of the year compared to a surplus of 1.87 billion in the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.