Macroeconomy
Travel balance falls by 62.9 pct in November
Greece’s travel balance came to 40.4 million euros in November from 108.8 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 62.9 percent year-on-year (YoY).
Primary cash balance deficit at 17.82 bln in 2020
Greece’s central government primary cash balance recorded a deficit of 17.82 billion euros in 2020 according to figures released by the Bank of Greece (BoG).
Current account shows deficit of 1.26 bln in November
Greece’s current account (C/A) balance posted a deficit of 1.26 billion in November compared to 767.4 million in October, Bank of Greece (BoG) data showed.
Industrial turnover drops by 2.9 pct in November
Greece’s industrial turnover fell by 2.9 percent year-on-year (YoY) in November compared to a revised drop of 14.3 percent in October, Hellenic Statistical Authority (ELSTAT) data published on Tuesday showed.
Budget primary shows deficit of 18.20 bln in 2020, total deficit at 22.81 bln
The budget primary balance recorded a deficit of 18.20 billion euros in 2020, compared to a surplus of 5.02 billion noted in December 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for December showed on Monday.
Building permits drop by 4.9 in October
Building permits fell by 4.9 percent year-on-year (YoY) in October after a strong rise of 29 percent seen in September, Hellenic Statistical Authority (ELSTAT) data released on Monday showed.
Unemployment at 16.7 pct in October, unchanged from October 2019
Greece’s seasonally adjusted (SA) unemployment rate came to 16.7 percent in October from an upward revised figure of 16.7 percent in September, Hellenic Statistical Authority’s (ELSTAT) data showed on Friday.
Car sales drop by 15 pct in December and -24.4 percent in 2020
Road motor vehicles going into circulation for the first time fell by 15 percent in December compared to a drop of by 12.5 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
CPI falls by 2.3 pct YoY in December
Greece’s Consumer Price Index (CPI) fell by 2.3 percent year-on-year (YoY) in December compared to a decline of 2.1 percent seen in November, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Employment balance positive by 2,116 in December, 34,621 fewer jobs created in 2020
The employment balance was positive with 2,116 more hirings than firings in December, data from the Labour Ministry’s Ergani information system showed.