Macroeconomy
Car sales rise slows to 5.3 pct in October
Road motor vehicles going into circulation for the first time rose 8.6 percent year-on-year (YoY) in October, following an increase of 22.9 percent in September, Hellenic Statistical Authority (ELSTAT) data showed Monday.
Employment balance turns negative by 125,668 in October
The employment balance turned negative in October with 125,668 more firings than hirings, data from the Labour Ministry’s Ergani information system showed.
Industrial production rises by 1.2 percent in Sept
Greece’s Industrial Production Index (IPI) rose by 1.2 percent year-on-year (YoY) in September compared to a revised decrease of 0.1 percent in August, Hellenic Statistical Authority (ELSTAT) data revealed on Friday.
CPI edges down by 0.7 pct in October
Greece’s Consumer Price Index (CPI) contracted by 0.7 percent year-on-year (YoY) in October, staying negative for a third month, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
EC sees growth at 1.8 pct for 2019, rising to 2.3 pct in 2020 and fiscal targets in reach
The European Commission (EC) issued its latest forecasts for Greece in the context of its regular autumn economic forecast cycle on Thursday, when it revealed that it expects growth to remain resilient despite a slowdown in the first half of the year.
Unemployment edges down to 16.7 pct, lowest since April 2011
Greece’s seasonally adjusted (SA) unemployment rate edged down to 16.7 percent in August, down from 16.9 percent in July, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
Trade deficit rises by 2.3 pct in September
Greece’s trade deficit rose by 2.3 percent year-on-year (YoY) in September compared to a fall of 1.7 percent in August, data from the Hellenic Statistical Authority (ELSTAT) released on Thursday showed.
General govt primary cash surplus at 6.25 bln in September, arrears drop by 82 mln
Greece’s general government (gg) primary cash surplus came to 6.25 billion euros in the first nine months of the year, up by 1.06 billion euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
Overdue tax, debtors jump in Sept as total reaches 105.6 bln
The month-on-month rise in Greece's new tax debt came to 588 million euros in September, data from the Independent Authority of Public Revenues (IAPR) has shown.
PMI stable at 53.5 points in October as foreign orders rise
Greece’s manufacturing PMI remained almost unchanged at 53.5 points in October from 53.6 points in September, according to the latest data from Markit.