Macroeconomy
Travel surplus rises by 12.7 pct in 9M
The balance of travel services came to a surplus of 14.10 billion euros for the first nine months (9M) of the year, Bank of Greece (BoG) noted in its travel balance report.
Public investment under spotlight amid arguments over budget execution
The issue of public investment spending became a point of friction on Wednesday when the deputy minister responsible for fiscal issues claimed the previous government used creative means to make investment spending appear higher at state budget level than it was.
Budget primary surplus at 4.96 bln in Dec, beating annual target
The budget primary balance recorded a surplus of 4.96 billion euros across the twelve months of 2019, compared to a surplus of 91 million noted in December 2018, the preliminary Finance Ministry (MoF) budget execution bulletin showed on Wednesday.
Car sales jump by 21 pct in Dec as 2019 closes with 12.8 pct rise
Road motor vehicles going into circulation for the first time jumped by 21 percent year-on-year (YoY) in December, following a solid rise of 12.5 percent in November, according to data released by Hellenic Statistical Authority (ELSTAT) released on Tuesday.
Dec CPI up by 0.8 pct yoy as 2019 rise comes in at 0.3 pct
Greece’s Consumer Price Index (CPI) increased by 0.8 percent year-on-year in December, following a rise of 0.2 percent in November, marking two positive readings after three negative months, Hellenic Statistical Authority (ELSTAT) figures showed on Monday.
Employment balance negative by 3,666 in December
The employment balance remained negative in December with 3666 more firings than hirings, data from the Labour Ministry’s Ergani information system showed.
Trade deficit rises by 7 pct in November
Greece’s trade deficit rose by 7 percent year-on-year (YoY) in November compared to a fall of 5.4 percent in October, data from the Hellenic Statistical Authority (ELSTAT) released on Thursday showed.
Industrial production drops sharply by 8.1 pct in Nov
Greece’s Industrial Production Index (IPI) dropped by 8.1 percent year-on-year (YoY) in November, following a revised upwards rise of 0.1 percent versus a 0.3 percent drop in October, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.
Unemployment edges down to 16.6 pct in October
Greece’s seasonally adjusted (SA) unemployment rate came to 16.6 percent in October from 16.8 percent in September, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
General govt primary cash surplus at 8.84 bln in November, arrears fall by 195 mln
Greece’s general government (gg) primary cash surplus came to 8.84 billion euros in the first eleven months of the year, up by 1.18 billion euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.