Τhe rate of growth in the number of road motor vehicles going into circulation for the first time at dipped to 33.7 percent in October from 44.3 percent in September, according to the Hellenic Statistical Authority (ELSTAT).
The Greek Industrial Production Index (IPI) posted a decline for the seventh successive month in September, dropping by 5.1 percent following an upward revised 5.9 percent decrease in August, according to the Hellenic Statistical Authority (ELSTAT).
The Greek economy showed deeper deflation of 1.7 percent in October from 0.8 percent in September, according to the Hellenic Statistical Authority (ELSTAT).
Although improving by 0.4 points, Greece’s Manufacturing PMI in October remained below the 50-point mark that separates growth from contraction for the fourth time in the last five months, according to Markit.
The turnover of Greece’s retail trade index grew for the third successive month at an accelerating pace of 4.5 percent in August after a 1.5 percent rise in July, according to the Hellenic Statistical Agency (ELSTAT).
The interest rate on households’ new time deposits slipped by 5 basis points (bps) to 2.08 percent in September, according to the Bank of Greece (BoG). This was the lowest month on month drop since March.
Greece’s economic sentiment improved in October for the first time since June. It reached 102.2 from 99.3 in September, according to the European Commission (EC).
In its latest quarterly report published on Wednesday, Greece’s Parliamentary Budget Office (PBO) set out its concerns about the country’s preparedness for exiting the troika Memorandum of Understanding (MoU).
Greek private sector deposits increased for the seventh successive month by 0.3 percent month on month (MoM) in September, with balances reaching 164.75 billion euros, according to the Bank of Greece (BoG).
The rate of Greek credit contraction remained at 3.5 percent in September, unchanged from the previous month, according to the Bank of Greece (BoG).