Economy
CPI edges up by 0.2 pct in February
Greece’s Consumer Price Index (CPI) rose by 0.2 percent year-on-year (YoY) in February, staying positive for a third consecutive month, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday.
General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
Greece’s general government (gg) primary cash surplus came to 899 million euros in January, down by 475 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
Trade deficit falls by 9.8 pct in January
Greece’s trade deficit dropped by 9.8 percent year-on-year (YoY) in January compared to a decline of 7.2 percent in December, data from the Hellenic Statistical Authority (ELSTAT) released on Monday showed.
MoF to announce measures for safeguarding businesses impacted by COVID19
The government is increasing its measures to limit the economic fallout from the impact of the coronavirus.
GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019
Greece’s seasonally adjusted (SA) GDP fell by 0.7 percent quarter-on-quarter (QoQ) in the fourth quarter (Q4) of 2019 after a downward revised increase of 0.4 percent in the previous quarter, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Friday.
Employment balance positive by 24,867 February
The employment balance turned positive in February with 24,867 more hirings than firings, data from the Labour Ministry’s Ergani information system showed.
Unemployment drops to 16.3 pct in December
Greece’s seasonally adjusted (SA) unemployment rate came to 16.3 percent in December from 16.5 percent in November, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
Overall loan interest edged up to 4.36 pct in January
The overall weighted average interest rate on all new loans to households and non-financial corporations rose by 2 percentage points to 4.36 percent in January from 4.34 percent in December, data from the Bank of Greece (BoG) showed on Wednesday.
Gathering signs of coronavirus impact on growth expectations
The Hellenic Fiscal Council (HFC) has warned that the Greek economy could be threatened by the spread of the coronavirus in the eurozone.
PMI at 56.2 pts in Feb amid rise in manufacturers' confidence, employment
Greece’s manufacturing PMI increased to 56.2 points in February from 54.4 points in January, according to the latest data from Markit PMI.