Primary cash surplus at 6.4 bln in year to date, expenditure rises during May
Turnover in services sector shows deteriorations in Q1 2018
Budget primary surplus at 1.54 bln in May on revenue rise, sharp investment underspend
Unemployment rate stable at 21.2 pct in Q1
Wages index rises by 2 pct in Q1 and 4.9 pct YoY
Fall in apartment prices decelerates to 0.2 pct in Q1 for slowest contraction on record
Tourism turnover index slows but signs remain positive
Turnover Index in Accommodation and Food Services rose 1.2 percent in the third quarter 2013, decelerating from the 5.2 percent posted in the second quarter, according to Hellenic Statistical Authority (ELSTAT). The improvement - one again - confirms the strong tourism season in Greece this year.
Indeed, latest Bank of Greece (BoG) data show that travel spending by non-residents to September soared 14.4 percent to 10.7 billion primarily reflecting a rise in non-residents’ arrivals by 15.2 percent over the same period. As a result, travel surplu...
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