Macroeconomy
Industrial production grows 1.7 pct in July for tenth positive reading in a row
Greece’s Industrial Production Index (IPI) increased by 1.7 percent in July following upwardly revised growth of 1.8 percent in June, Hellenic Statistical Authority (ELSTAT) data revealed on Friday.
CPI up by 0.9 pct in August, staying positive for eighth consecutive month
Greece’s Consumer Price Index (CPI) rose by 0.9 percent in August, edging down from July’s figure of 1 percent, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Trade deficit up by 5.9 pct in July as export growth slows
Greece’s trade deficit increased by 5.9 percent in July after dropping by 0.9 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
Unemployment falls to 21.2 pct in June, lowest since Dec 2011
Greece’s seasonally adjusted (SA) unemployment fell to 21.2 percent in June after a downwardly revised figure of 21.5 percent in May, ELSTAT's labour force survey revealed on Thursday
General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
Greece’s general government (gg) primary cash surplus came to 4.10 billion in the first seven months of the year according to the Finance Ministry’s (MoF) gg bulletin.
GDP rises by 0.5 pct in Q2 as signs of recovery emerge
Greece’s seasonally adjusted (SA) GDP grew by 0.5 percent quarter-on-quarter (QoQ) in the second quarter (Q2) of 2017, after an upwards revised increase of 0.5 percent in the previous quarter, the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Friday.
PMI climbs to 52.2 in Aug, highest for nine years
Greece’s Manufacturing PMI rose by 1.7 points in August, reaching 52.2 from 50.5 in July, marking the third successive improvement for the sector and the highest headline PMI reading since August 2008.
Drop in apartment prices continues with slower decline of 1.2 pct in Q2
The nominal value of apartments in Greece fell at a slower pace of 1.2 percent year-on-year (YoY) in the second quarter (Q2) of 2017, following a downwards revised drop of 1.7 percent in Q1 2017, Bank of Greece (BoG) data showed on Thursday.
Retail sales up by 3.2 pct in June for sixth straight rise
Greece’s retail sales increased by 3.2 percent on an annual basis in June after a marginal 0.4 percent rise in May, according to data published by the Hellenic Statistical Agency (ELSTAT) on Thursday.
Economic sentiment improves again in Aug, consumer confidence climbs by 4.5 pts
Greece’s economic sentiment (ESI) continued in August its steady rise over the last three months as it edged up by 0.8 points although this was smaller than the 4.5-point increase in the previous month, European Commission (EC) figures revealed on Wednesday.