Macroeconomy
Hirings balance negative by 22,333 in January
The employment balance turned negative in January with 22,333 more departures than hirings for the month after December’s positive balance of 5,970, data from the Labour Ministry’s Ergani information system showed.
Budget primary surplus beats Jan target by 706 mln on significant underspend
Greece’s Finance Ministry issued on Friday the first budget execution update for 2019, with the preliminary data showing that the primary surplus settled at 603 million euros, against a deficit target of 103 million euros.
CPI rises by 0.4 pct in January
Greece’s Consumer Price Index (CPI) rose by 0.4 percent in January compared to a rise of 0.6 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
Building permits rise by 18 pct in Nov, beat 2017 figure in aggregate period
Building permits rose by 18 percent year-on-year (YoY) in November, dropping from a rise of 23.8 percent noted in October, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed.
Car sales rise by 9.2 pct in January
Road motor vehicles going into circulation for the first time rose by 9.2 percent in January after an increase of 4.1 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Industrial production up by 1.1 pct in Dec and 1 pct overall in 2018
Greece’s Industrial Production Index (IPI) grew year-on-year (YoY) by 1.1 percent in December from an upward revised figure of 4.2 percent in November, Hellenic Statistical Authority (ELSTAT) data revealed on Friday.
Trade deficit grows by 5.1 pct in Dec, full-year increase comes to 1.1 pct
Greece’s trade deficit rose by 5.1 percent year-on-year (YoY) in December, falling slightly against the rise of 5.7 percent seen in November, data from the Hellenic Statistical Authority (ELSTAT) released on Thursday showed.
Unemployment rate at 18.5 pct in Nov as jobless drop below 900,000
Greece’s seasonally adjusted (SA) unemployment rate stayed under 19 percent for a fourth consecutive month in November and came to 18.5 percent from a slightly upward revision of 18.7 percent in October, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
General govt primary cash surplus at 5.63 bln in Dec, arrears fall by 536 mln but miss target
Greece’s general government (gg) primary cash surplus came to 5.63 billion euros across 2018, down by 593 million euros compared to 2017 according to the Finance Ministry’s (MoF) monthly gg bulletin.
PMI at 53.7 in Jan as manufacturers remain confident for year ahead
Greece’s manufacturing PMI edged down slight to 53.7 points in January from 53.8 points in December, staying over the 50-mark threshold for 20 consecutive months.