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
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...
If you are already registered, please sign in.
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read four of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.€450.00
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.