Greece’s economic sentiment (ESI) showed signs of recovery in November, rising by 3 points to 101.4, climbing back above 100-points, after a 6.6-point drop in October, according to European Commission figures released on Tuesday.
Credit movement in the Greek private sector slightly slowed in October, rising by 5.3 percent year-on-year (YoY), from 6 percent in September, and 5.8 percent in August, Bank of Greece (BoG) figures released on Monday showed.
The net private sector deposit movement in the Greek banking system in October turned negative with a drop of 550 million euros, after a rise of 2.26 billion euros in September, based on Bank of Greece (BoG) figures released on Monday.
Building permits growth in August resumed the growth trajectory with a rise of 12.6 percent year-on-year (YoY), after dropping by 2.3 percent in July, according to the latest data released by the Hellenic Statistical Agency (ELSAT) on Monday.
The budget primary balance for the ten months of 2022 came to a deficit of 350 million euros, compared to a deficit of 7.18 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Friday.
Greece has reported record flows of inward investment in 2021 and looks set to exceed the amount again in 2022.
Greece’s travel balance recorded a surplus of 2.67 billion euros in September, from a 3.83-billion-euro surplus in August, according to Bank of Greece (BoG) data released on Tuesday.
The Finance Ministry tabled in Parliament on Monday the final budget for 2023, which - despite the global challenges - sees Greece outperforming EU peers and avoiding a recession, while also delivering a primary surplus.
Greece posted a current account (C/A) deficit of 811.4 million euros in September, from a surplus of 449.1 million euros in August, Bank of Greece (BoG) data showed on Monday.
Greece’s industrial turnover remained on a solid growth path in September, rising by 23.5 percent year-on-year (YoY), though significantly slowing from the growth of 42 percent in August, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.