Macroeconomy
Industrial turnover drops by 7.4 pct in October
Greece’s industrial turnover edged down sharply by 7.4 percent year-on-year (YoY) in October, from a marginal drop of 0.6 percent in September, Hellenic Statistical Authority (ELSTAT) data published on Friday showed.
Current account lands on deficit of 673.4 mln in October, aggregate at deficit of 697.4 mln
Greece’s current account (C/A) balance posted a deficit of 673.4 million euros in October, from a surplus of 886.6 million in September, according to Bank of Greece (BoG) data released on Friday.
Unemployment drops to 16.4 pct in Q3
The Greek non-seasonally-adjusted unemployment rate stood at 16.4 percent in the third quarter quarter (Q3) of the year, dropping from a rate of 16.9 percent noted in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Unemployment edges down to 16.8 pct in September
Greece’s seasonally adjusted (SA) unemployment rate came to 16.8 percent in September from a slightly upward revised 16.9 percent in August, Hellenic Statistical Authority’s (ELSTAT) data showed on Friday.
Wages index drops for first time in two years, declining by 1.2 pct in Q3
Greece’s seasonally adjusted (SA) Wages Index fell by 1.2 percent year-on-year (YoY) in the third quarter (Q3) of 2019, following an increase of 2.2 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures revealed on Thursday.
Primary cash balance surplus at 6.31 bln in November
Greece’s central government primary cash balance recorded a surplus of 6.31 billion euros in the first 11 months of the year according to figures released by the Bank of Greece (BoG).
Budget primary surplus at 6.95 bln in Nov as expenditure drops
The budget primary balance recorded a surplus of 6.95 billion euros in the first eleven months of 2019, compared to a surplus of 4.75 billion noted in November 2018, the preliminary Finance Ministry (MoF) budget execution bulletin showed on Monday.
Turnover in services improves strongly in Q3 2019
Turnover indices for the services sector recorded an improvement in the third quarter (Q3) of 2019, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Apartment prices rise by 9.1 pct in Q3, hitting series high
The rise in the nominal value of apartments in Greece came to 9.1 percent year-on-year (YoY) in the third quarter (Q3) of 2019 from an increase of 7.7 percent in Q2, Bank of Greece (BoG) data showed on Thursday.
Building permits increase by 8.5 pct in September
Building permits rose by 8.5 percent year-on-year (YoY) in September compared to a rise of 27 percent in August, Hellenic Statistical Authority (ELSTAT) data released on Wednesday showed.