Macroeconomy
PMI rises to 54.7 in March as first quarter comes to strong end
Greece’s manufacturing PMI increased to 54.7 points in March from 54.2 points in February, staying over the 50-mark threshold for close to two years.
Retail turnover falls by 2.3 pct in Jan
Greece’s retail sales index declined by 2.3 percent in January after a downward revised fall of 0.2 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
February deposit movement negative by 789 mln
Net deposit movement in the Greek banking system was negative by 789 million euros in February compared to outflows of 1.55 billion in January, Bank of Greece (BoG) figures revealed on Thursday.
Credit contraction at 0.6 pct in Feb, balance at 169.85 bln
Credit contraction in the Greek market came to 0.6 percent in February, improving from a contraction of 1.1 percent in January, Bank of Greece (BoG) figures showed on Thursday.
Economic sentiment stays at 101.3 in March
Greece’s economic sentiment (ESI) remained unchanged month-on-month at 101.3 points in March, European Commission (EC) figures revealed on Thursday.
Primary surplus confirmed at 822 mln in Feb
The budget primary balance was confirmed at a surplus of 822 million euros in the first two months of 2018, down significantly against last year’s figure of 2.70 billion euros, the Finance Ministry (MoF) final budget execution bulletin for February showed on Tuesday.
Travel balance rises to 66 mln in January
Greece’s travel balance rose notably in January with a surplus of 66 million compared to 13.5 million a year ago, Bank of Greece (BoG) data has shown.
January current account deficit at 1.18 bln as underlying components deteriorate
Greece’s current account (C/A) balance recorded a deficit of 1.18 billion in January, deepening from December’s deficit of 1.51 billion, Bank of Greece (BoG) figures showed on Thursday.
Industrial turnover down by 7.6 pct in January
Greece’s industrial turnover fell by 7.6 percent year-on-year (YoY) in January, deepening from a fall of 0.9 percent seen in December, Hellenic Statistical Authority (ELSTAT) data published on Wednesday showed.
Primary cash surplus at 832 mln in February
Greece’s central government primary cash balance recorded a surplus of 832 million euros in the first two months of the year, Bank of Greece (BoG) figures have shown.