Macroeconomy
Budget surplus at 1.94 bln in 6-month, 1.51 bln above target on strong underspend
The budget primary balance recorded a surplus of 1.94 billion euros in the six month period of 2017, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Friday.
Eurosystem funding drops by 2.7 bln in June on reduced ELA liquidity
Greek banks’ Eurosystem funding fell for the 24th successive month in June, when it dropped by another 2.67 billion euros, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday.
Building activity falls by 0.9 pct in April
Hellenic Statistical Authority (ELSTAT) data released on Wednesday showed that Greek building permits declined by 0.9 percent in April, reversing the growth of 24.7 percent noted in March.
CPI up again in June with 1 pct increase
Greece’s Consumer Price Index (CPI) grew by 1 percent in June from 1.2 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
Car sales rebound by 28.2 pct in June
Road motor vehicles (going into circulation for the first time) rose by 28.2 percent in June after falling by 2.7 percent in May, Authority (ELSTAT) data showed on Monday.
Industrial production grows 5.4 pct in May after marginal rise in April
Greece’s Industrial Production Index (IPI) increased by 5.4 percent in May following upwardly revised growth of 0.8 percent in May, ELSTAT data revealed on Monday.
Net job hirings reach 40,599 in six-month
The employment balance stayed positive in June 2017 with net hirings climbing by around 40,599 from 33,608 a year ago, data from the Labour Ministry’s Ergani information system revealed on Friday.
Trade deficit up 14.2 pct in May as imports increase along with exports
Greece’s trade increased by 14.2 percent in May after falling by 14.3 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Unemployment rate falls to 21.7 pct in April, lowest since Jan 2012
Greece’s seasonally adjusted (SA) unemployment declined to 21.7 percent in April from a downwardly revised rate of 22 percent in March, the Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday.
General govt primary cash surplus at 2.25 bln in May, arrears rise
Greece’s general government (gg) primary cash surplus fell by 332 million euros from the previous year to 2.25 billion in the first five months of 2017 according to the Finance Ministry’s (MoF) gg bulletin.