Economy
 Deposits rise to highest level since end-2011 as corporates grow by 10 pct in June
 Deposits rise to highest level since end-2011 as corporates grow by 10 pct in June         
        
        
        The net private sector deposit movement in the Greek banking system in June jumped by 2.72 billion euros, from 1.31 billion euros in May, and 1.35 billion euros in April, based on Bank of Greece (BoG) figures released on Wednesday.
 Led by lending to corporations, June credit growth of 4.5 pct is highest in a decade
 Led by lending to corporations, June credit growth of 4.5 pct is highest in a decade         
        
        
        Credit movement in the Greek private sector picked up pace in June, rising by 4.5 percent year-on-year (YoY), from 3.3 percent in May, and 2.8 percent in April, Bank of Greece (BoG) figures released on Wednesday showed.
 Disposable income rises by 3.8 pct in Q1, saving rate drops to lowest since 2018 at -9.8 pct
 Disposable income rises by 3.8 pct in Q1, saving rate drops to lowest since 2018 at -9.8 pct         
        
        
        Household disposable income increased by 3.8 percent year-on-year (YoY) in the first quarter (Q1) of 2022, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday.
 Final budget execution for June affirms solid revenues, driven by VAT and income tax
 Final budget execution for June affirms solid revenues, driven by VAT and income tax         
        
        
        The budget primary balance for the first half of 2022 came to a deficit of 3.43 billion euros, compared to a deficit of 9.09 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Monday.
 Jan-May travel balance of 1.78 bln beats same period in 2019
 Jan-May travel balance of 1.78 bln beats same period in 2019         
        
        
        Greece’s travel balance recorded a surplus of 1.19 billion euros in May, accelerating from the 432.1 million euros in April, according to Bank of Greece (BoG) data released on Friday.
 Despite improvement in services, goods tip current account to deep deficit of 2 bln in May
 Despite improvement in services, goods tip current account to deep deficit of 2 bln in May         
        
        
        Greece posted a current account (C/A) deficit of 2 billion euros in May, from 1.62 billion euros in April, Bank of Greece (BoG) data showed on Thursday.
 Industrial turnover posts 53.1 pct YoY growth in May, biggest rise during pandemic recovery
 Industrial turnover posts 53.1 pct YoY growth in May, biggest rise during pandemic recovery         
        
        
        Greece’s industrial turnover growth produced another impressive reading in May, jumping by 53.1 percent year-on-year (YoY), after a rise of 33.4 percent in April, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday.
 Hiring balance slows in June as job market returns to normal levels
 Hiring balance slows in June as job market returns to normal levels         
        
        
        Greece’s employment balance slowed down in June with 19,113 more hires than departures, according to data from the Labour Ministry’s Ergani information system.
 Budget primary balance in H1 beats target by 1.47 bln on back of improved tax haul
 Budget primary balance in H1 beats target by 1.47 bln on back of improved tax haul         
        
        
        The budget primary balance for the first half of 2022 came to a deficit of 3.43 billion euros, compared to a deficit of 9.09 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday.
 Energy products drive import price to second highest ever growth of 37.3 pct in May
 Energy products drive import price to second highest ever growth of 37.3 pct in May         
        
        
        Greece’s import price index grew at a solid pace in May, posting another rise of 37.7 percent year-on-year (YoY), after a 39.1 percent in April, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.