Macroeconomy
CPI rises by 1 pct in April
Greece’s Consumer Price Index (CPI) increased by 1 percent in April following a rise of 0.9 percent in March, Hellenic Statistical Authority (ELSTAT) said on Friday.
Unemployment for Feb comes to 18.5 pct
Greece’s seasonally adjusted (SA) unemployment rate stayed under 19 percent for a seventh consecutive month in February and came to 18.5 percent from a slightly upward revision of January’s rate to 18.6 percent, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
The European Commission (EC) issued on Tuesday its regular spring forecasts for 2019, which showed that it is now expecting the country to grow by 2.2 percent this year compared to an estimation of 2 percent in the autumn forecast, and in line with the interim winter forecast.
Deposit movement turns positive by 1.28 bln in March
Net deposit movement in the Greek banking system turned positive by 1.28 billion in March compared to negative outflows of 789 million euros in February, Bank of Greece (BoG) figures revealed.
PMI rises to 56.6 in April, marking 19-year high
Greece’s manufacturing PMI increased to 56.6 points in April from 54.7 points in March, according to the latest data from Markit PMI.
Primary surplus confirmed at 1.44 mln in Mar
The budget primary balance was confirmed at a surplus of 1.44 billion euros in the first three months of 2019, compared to a surplus of 1.88 billion noted in March 2018, the Finance Ministry (MoF) final budget execution bulletin showed this week.
Credit contraction remains at 0.6 pct in March, balance at 165.02 bln
Credit contraction in the Greek market stayed at 0.6 percent in March, remaining at the same rate as February, Bank of Greece (BoG) figures showed on Tuesday.
New overdue taxes rise by 1.37 bln in Feb, total reaches 104.4 bln
The month-on-month rise in Greece's new tax debt came to 1.37 billion euros in February, data from the Independent Authority of Public Revenues (IAPR) has shown.
Economic sentiment down to 100.3 in April, consumer confidence continues to strengthen
Greece’s economic sentiment (ESI) fell by 1 point in April to 100.3 points, European Commission (EC) figures revealed on Monday.
Overdue social security contributions top 35 bln in Q1
The stock of unpaid social security contributions (SSCs) increased to 35.36 billion in the first quarter (Q1) of 2019, rising by 572 million compared to the figure of 34.79 billion euros registered in the fourth quarter (Q4) of 2018, the Centre for the Collection of Social Security Arrears (KEAO) revealed.