Macroeconomy
Industrial production grows by 1 pct in May, up by 0.2 pct in first five months of the year
Greece’s Industrial Production Index (IPI) rose by 1 percent in May, slowing from an upward revised increase of 2 percent in April, Hellenic Statistical Authority (ELSTAT) data revealed on Tuesday.
CPI rises by 1 pct in June, staying positive for third month
Greece’s Consumer Price Index (CPI) rose by 1 percent in June following an increase of 0.6 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Trade deficit down by 15.8 pct in May on reduced imports, higher exports
Greece’s trade deficit fell by 15.8 percent in May, picking up pace from April’s drop of 4.6 percent, according to data from the Hellenic Statistical Authority (ELSTAT) released on Friday.
General govt primary cash surplus at 1.65 bln in May on slower expenditure decline
Greece’s general government (gg) primary cash surplus came to 1.65 billion euros in the first five months of the year, falling by 571 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study
Enhanced credit card usage in Greece could capture revenues that exceed the annual inflows from the single property tax (ENFIA), a study by the Foundation for Economic and Industrial Research (IOBE) has shown.
PMI at 53.5 pts in June as Greek manufacturing sector finishes Q2 on a positive note
Greece’s Manufacturing PMI dropped by 0.7 points to 53.5 in June, staying over the 50-mark threshold for 13 straight months as confidence gradually strengthens.
New overdue taxes rise by 610 mln in May, total stock remains above 100 bln for fourth month
Greece’s new tax debt rose by 610 million in May, increasing slightly from April’s rise of 599 million, data from the Independent Authority of Public Revenues (IAPR) has shown.
Retail sales up by 0.8 pct in April while volume rises by 1.3 pct
Greece’s retail sales index increased by 0.8 percent in April, slowing down from growth of 1.2 percent noted in March, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Economic sentiment at 102.5 in June as improvement in subindexes slows
Greece’s economic sentiment (ESI) declined by 1.7 points in June and came to 102.5 versus the reading of 104.2 in May, European Commission (EC) figures revealed on Thursday.
Deposits positive for fourth month as May sees inflows of 919.4 mln
Net deposit movement in the Greek banking system remained positive with inflows of 919.4 million in May versus inflows of 870.1 million in April, Bank of Greece (BoG) figures revealed on Wednesday.