Budget primary surplus at 3.05 bln in 7-month, above target on underspend
Building activity up by 45.7 pct in May, highest since Dec 2005
Eurosystem funding drops by 3.9 bln in July on big decline in ELA
Unemployment at 21.7 pct in May after revised April figure
CPI up by 1 pct in July for seventh straight rise
Car sales increase by 28.3 pct in July
Greek unemployment rose to new high of 27.9 pct in June
Greek seasonally adjusted unemployment showed an increase of 0.3 percentage points (pp) month on month (mom) and 3.3pp year on year (yoy) to 27.9 percent in June, which is a new historic high, according to the Hellenic Statistical Authority (ELSTAT) monthly labour force survey. The number of employed slipped by 0.1 percent mom and 3.4 percent yoy to 3.63 million, while unemployed continued heading north, surpassing the 1.4 million mark, up 1.5 percent mom and 14.2 percent yoy.
The results for the second quarter indicate the unemployment rate soared by 3.5pp yoy to a new quarterly high at 27.1 percent, while recording a slight drop of 0.3pp quarter on quarter (q-o-q) for the first time since the third quarter of 2009. Note tho...
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