Macroeconomy
CPI falls by 1.8 pct YoY in July
Greece’s Consumer Price Index (CPI) fell by 1.8 percent year-on-year (YoY) in July compared to a decline of 1.6 percent seen in June, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Industrial production down by 4.9 pct YoY in May but picks up from previous month
Greece’s Industrial Production Index (IPI) decreased by 4.9 percent year-on-year (YoY) in June, compared to a slightly downward revised drop of 7.8 percent year-on-year (YoY) in May, Hellenic Statistical Authority (ELSTAT) data revealed on Friday.
Unemployment rate jumps to 17 pct in May
Greece’s seasonally adjusted (SA) unemployment rate came to 17 percent in May from a slightly upward revised figure of 15.7 percent in April, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
General govt primary cash deficit at 5.48 bln in June as tax revenues fall
Greece’s general government (gg) primary cash deficit came to 5.48 billion euros in the first σιχ months of the year compared to a surplus of 1.70 billion in the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
New tax debt up by 222 mln MoM in April, total for year at 2.44 bln
The month-on-month rise in Greece's new tax debt came to 222 million euros in April, data from the Independent Authority of Public Revenues (IAPR) has shown.
PMI drops to 46.8 points in July amid Covid-19 uncertainty
Greece’s manufacturing PMI decreased to 48.6 points in July from 49.4 points in June, according to the latest data from Markit PMI.
Retail turnover drops by 5.3 pct in May, volume drops by 5.8 pct
Greece’s retail sales index decreased sharply by 5.3 percent in May following a sharp drop of 24.5 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Economic sentiment at 90.8 in July, consumer confidence slips
Greece’s economic sentiment (ESI) rose by 3.2 points month-on-month in July to reach 90.8 points, European Commission (EC) figures showed on Thursday.
Credit contraction in June comes to 0.4 pct
Credit movement in the Greek private sector contracted by 0.4 percent in June after an increase of 0.7 percent in May, Bank of Greece (BoG) figures showed on Monday.
Deposits rise by 448 mln in June
Net deposit movements in the Greek banking system were positive by 448 million euros in June, declining from inflows of 1.71 billion in May, Bank of Greece (BoG) figures revealed on Monday.