Rise in foreign arrivals pushes travel receipts up by 14.2 pct in June
Current account surplus at 842.3 million in June, assisted by services balance
Primary cash balance posts deficit of 46 mln at end of July
Industrial turnover up by 8.1 pct in June for eighth consecutive rise
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
Industrial turnover and new orders indices rebound for second straight month
The Turnover Index in Industry increased 1.7 percent in August, while New Orders Index in Industry also improved by 2.7 percent, according to the Hellenic Statistical Authority (ELSTAT). It is the second straight month both indices have rebounded concurrently, following a 3.7 percent and 1.6 percent respectively rise in July. It is also worth noting that on a twelve-month trailing basis both indices recorded a drop of 1.0 and 4.9 percent respectively.
The rise in the industrial turnover reflects an increase in the manufacturing and mining-quarrying sectors by 1.1 percent and an impressive 67.4 percent respectively. From a geographical perspective, turnover for the non-domestic market soared 16.7 perc...
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