The seasonally adjusted jobless rate slipped for the sixth straight month in March, edging down to 26.8 percent from an upwards revised 26.9 percent in February, according to the Hellenic Statistical Agency (ELSTAT).
The Greek general government (gg) primary cash surplus stood at 1.69 billion in the 4-month period (Jan-Apr) from a deficit of 755 million last year, according the gg bulletin released by the Ministry of Finance (MoF).
After remaining stable for the past five months, the interest rate on households’ new time deposits eased by 10 basis points (bps) to 2.71 percent in April, according to the Bank of Greece (BoG).
Greece’s Manufacturing PMI remained above the 50-point mark, which separates growth from contraction, for the second straight month in May, albeit marginally easing by 0.1 points to 51.0, according to Markit.
The turnover of Greece’s retail trade index fell by 3.4 percent year on year (YoY) in March, from a revised -1.9 percent posted in February, according to the Hellenic Statistical Agency (ELSTAT).
The Association of Greek Tourism Enterprises (SETE) increased on Wednesday its estimate for international tourist arrivals in 2014 to 19 million from 18.5 million.
The year on year (YoY) credit contraction in the Greek market decelerated to 3.7 percent in April from 4.1 percent in March, with balances easing to 215.14 billion euros, according to the Bank of Greece (BoG).
Greek private sector deposits increased 0.2 percent month on month (MoM) in April, with balances reaching 161.3 billion euros, according to the Bank of Greece (BoG).
Greece’s economic sentiment improved by 3.7 points to 99.1 in May, after falling by 2.1 points in April, according to the European Commission (EC).
Greece’s trade deficit continued heading north for the second successive month rising by 14.7 percent in March, according to the Hellenic Statistical Authority (ELSTAT).