After rising in the preceding three months, Greece’s Manufacturing PMI dropped by 1.1 points to 48.3 in January from 49.4 in December, according to Markit.
In its latest quarterly report published on Friday, the Parliamentary Budget Office (PBO) urged the new Greek government to move fast in order to reverse the negative climate created by snap elections and the failure of the previous administration to reach an agreement with the troika.
The turnover of Greece’s retail trade index fell 1.6 percent in November from an upward revised 0.8 percent increase in October, according to the Hellenic Statistical Agency (ELSTAT).
Greek private sector deposits fell for the third straight month in December, when they declined by 2.4 percent month on month (MoM). Balances reached 160.29 billion euros, according to the Bank of Greece (BoG).
The rate of contraction in Greek bank credit slightly accelerated to 3.1 percent in December from 3 percent in November, according to the Bank of Greece (BoG). However, this was the second lowest negative reading since November 2011.
Greece’s economic sentiment (ESI) continued retreating for the second straight month in January, when it fell by 3.8 points to 95.3 from 99.1 in December, according to the European Commission (EC).
Greek household disposable income rose by 0.03 percent year on year (YoY) in the third quarter (Q3) of 2014 following a drop of 8.3 percent in Q2, according to the Hellenic Statistical Authority (ELSTAT).
Greece’s new unpaid taxes slowed to 1.27 billion euros in December from 1.59 billion in November, according to data released by the General Secretariat of Information Systems (GSIS) on Friday.
Greece's current account (C/A) balance remained in negative territory for the second straight month in November, when the deficit widened by 32.4 percent to 997 million euros from 753 million last year, according to the Bank of Greece (BoG).
Greek banks’ Eurosystem funding shot up by 11.19 billion to 56.04 billion euros at the end of December from 44.85 billion at the end of November, according to the Bank of Greece's (BoG) annual financial statement.