Macroeconomy
Industrial production drops by 2.1 pct in July
Greece’s Industrial Production Index (IPI) decreased by 2.1 percent year-on-year (YoY) in July compared to a revised decrease of 0.3 percent in June, Hellenic Statistical Authority (ELSTAT) data revealed on Monday.
Trade deficit rises by 6.3 pct in July
Greece’s trade deficit rose by 6.3 percent year-on-year (YoY) in July compared to a drop in 22.9 percent in June, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed.
August employment balance positive by 3,111
The employment balance turned positive in August with 3,111 more hirings than firings, data from the Labour Ministry’s Ergani information system showed.
Unemployment edges down again in June, falling to 17 pct
Greece’s seasonally adjusted (SA) unemployment rate came to 17 percent in June from a downward revised rate of 17.1 percent in May, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
Greece’s seasonally adjusted (SA) GDP increased by 0.8 percent quarter-on-quarter (QoQ) in the second quarter (Q2) of 2019 after an increase of 0.2 percent in Q1, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Wednesday.
Q2 rise of 7.7 pct in apartment prices marks 12-year high
The rise in the nominal value of apartments in Greece came to 7.7 percent year-on-year (YoY) in the second quarter (Q2) of 2019 from an upward revised increase of 4.9 percent in Q1, Bank of Greece (BoG) data showed on Monday.
PMI edges up to 54.9 in August as production, new orders soar
Greece’s manufacturing PMI rose to 54.9 points in August from 54.6 points in July, according to the latest data from Markit PMI.
Retail turnover rises by 2.3 pct in June, volume up by 2.3 pct
Greece’s retail sales index increased by 2.3 percent in June, following a slightly upward revised drop of 1.9 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Consumer confidence hits 19-year high, ESI highest since 2007
Greece’s economic sentiment (ESI) strengthened by 3.1 points in August to reach 108.4 points, European Commission (EC) figures showed on Thursday.
Credit contraction at 0.1 pct in Jul, balance at 160.33 bln
Credit contraction in the Greek market edged down to 0.1 percent in July from 0.2 percent in June, Bank of Greece (BoG) figures showed on Wednesday.