Deposits rise by 1.43 bln in April
Credit growth in April marks first two successive months of expansion since 2010
Retail sales down by 1.5 pct in March for first fall in seven months
Economic sentiment at 88.5 in May, consumer confidence begins to stabilise
April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct
Travel balance falls by 53.6 pct in March
Building activity posts first rise in 20 months but overall picture grim
Greek building activity (as measured by the number of building permits) rose by 4.1 percent year-on-year (yoy) in October for the first time since February 2012, according to the Hellenic Statistical Authority (ELSTAT). The respective surface area number recorded a modest 1 percent increase, while volume also rose 5.7 percent.
The aggregate figures, which strip out the monthly volatility, show that building activity is persistently deep in the red. In particular, the 12-month trailing average indicates that building permits have slumped 36.9 percent. Building activity to Octo...
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