Macroeconomy
General govt primary cash surplus at 9.45 bln in Dec, arrears fall by 195 mln
Greece’s general government (gg) primary cash surplus came to 9.45 billion euros across 2019, up by 3.73 billion euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
Overall loan interest remains at 4.34 pct in December
The overall weighted average interest rate on all new loans to households and non-financial corporations remained at 4.34 percent in December, unchanged from November, data from the Bank of Greece (BoG) showed on Tuesday.
PMI at 54.4 points in Jan as employment growth hits all-time high
Greece’s manufacturing PMI increased to 54.4 points in January from 53.9 points in December, according to the latest data from Markit PMI.
Retail turnover increases by 4.1 pct in Nov, volume up by 3.1 pct
Greece’s retail sales index increased by 4.1 percent in November following a rise of 6.6 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Economic sentiment at 108.4 in Jan
Greece’s economic sentiment (ESI) fell by 1 point in January to reach 108.4 points, European Commission (EC) figures showed on Thursday.
Credit contraction of 0.5 pct in Dec, balance at 154.29 bln
Credit contraction in the Greek market came to 0.5 percent in December from 0.2 percent in November, Bank of Greece (BoG) figures showed on Wednesday.
Deposits rise by 3.65 bln in December
Net deposit movement in the Greek banking system were positive by 3.65 billion euros in December, following outflows of 179 million in November, Bank of Greece (BoG) figures revealed on Wednesday.
Budget primary surplus confirmed at 5.02 bln in Dec
The budget primary balance was confirmed at a surplus of 5.02 billion euros across the twelve months of 2019, compared to a surplus of 91 million noted in December 2018, the final Finance Ministry (MoF) budget execution bulletin showed on Monday.
Disposable income rises by 3.5 pct YoY in Q3, final consumption up by 0.9 pct
Greek household disposable income grew by 3.5 percent year-on-year (YoY) in the third second quarter (Q2) of 2019, decreasing from the rise of 5 percent noted in the previous quarter, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
November travel receipts drop by 42.9 pct on lower French receipts
Greece’s travel balance fell to a surplus of 87.4 million euros in November according to Bank of Greece (BoG) data released on Tuesday, a decline of 42.9 percent compared to the same time last year.