Macroeconomy
EFKA fund data shows 30 pct in part-time jobs earning less than 400 euros on average
The Unified Social Security Fund’s (EFKA) latest employment data as of December 2018 has shown that around one in three employees earn a gross monthly wage of a little over 390 euros.
Deposits rise by 561.6 mln in May, positive for third month
Net deposit movement in the Greek banking system stayed positive by 561.6 million euros in May, following positive inflows of 1.54 billion euros in April, Bank of Greece (BoG) figures revealed on Monday.
Credit contraction remains at 0.1 pct in May, balance at 161.16 bln
Credit contraction in the Greek market stayed at 0.1 percent in May, unchanged from April, Bank of Greece (BoG) figures showed on Monday.
PMI falls to 52.4 in June while industry optimism holds steady
Greece’s manufacturing PMI fell to 52.4 points in June from 54.2 points in May, according to the latest data from Markit PMI.
Retail turnover falls by 2 pct in Apr, volume declines by 2.7 pct
Greece’s retail sales index fell by 2 percent in April compared to an upward revised increase of 5.4 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Consumer confidence at highest since January, economic sentiment stable
Greece’s economic sentiment (ESI) edged up by 0.2 points in June to 101 points, European Commission (EC) figures showed on Thursday.
Budget primary surplus confirmed at 916 mln in May on higher expenditure
The budget primary balance recorded a surplus of 916 million euros in the first five months of 2019, compared to a surplus of 853 million noted in May 2018, the Finance Ministry’s (MoF) final budget execution bulletin showed on Tuesday.
Travel balance falls by 4.1 pct in April
Greece’s travel balance edged down to 200.3 million euros in April from 208.8 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decline of 4.1 percent.
Primary cash balance at surplus of 438 mln in May
Greece’s central government primary cash balance recorded a surplus of 438 million euros in the first five months of the year according to figures released by the Bank of Greece (BoG).
May employment balance positive by 105,282 as seasonal hires pick up
The employment balance was positive in Μay with 105,284 more hirings than departures, data from the Labour Ministry’s Ergani information system showed.