Macroeconomy
Building permits drop by 0.7 pct in December; rise 9.2 pct in 2020
Building permits fell by 0.7 percent year-on-year (YoY) in December after a drop of 12.4 percent seen in November, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed.
Trade deficit falls by 23.8 pct in January as EU imports drop 7 pct
Greece’s trade deficit fell by 23.8 percent year-on-year (YoY) in January compared to a drop of 10.8 percent in December, data from the Hellenic Statistical Authority (ELSTAT) released on Wednesday showed.
Industrial production up by 3.4 percent in January
Greece’s Industrial Production Index (IPI) rose by 3.4 percent year-on-year (YoY) in January following a revised increase of 3.5 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday.
CPI falls by 1.3 pct YoY in February; increases 0.2 pct MoM
Greece’s Consumer Price Index (CPI) fell by 1.3 percent year-on-year (YoY) in February compared to a decline of 2 percent seen in January, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday.
Apartment prices rise by 2.6 pct in Q4, increase 4.2 pct in 2020
The rise in the nominal value of apartments in Greece came to 2.6 percent year-on-year in the fourth quarter of 2020 from an increase of 3.5 percent in Q3 2020, Bank of Greece data showed on Tuesday.
General govt primary cash deficit at 720 mln in January, as social security funds start year in deficit
Greece’s general government (gg) primary cash deficit came to 720 million euros in January compared to a surplus of 878 million euros in the same month of in 2020, according to the Finance Ministry’s (MoF) monthly gg bulletin.
GDP falls 8.2 pct in 2020, but rises 2.7 pct QoQ in Q4
Greece’s seasonally adjusted (SA) GDP rose by 2.7 percent quarter-on-quarter (QoQ) in the fourth quarter (Q4) of 2020 after an upward revised increase of 3.1 percent in the previous quarter, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Friday.
PMI dips to 49.4 points in February as cost burdens pile up
Greece’s manufacturing PMI dropped to 49.4 points in February from 50 points in January, according to the latest data from Markit.
Retail turnover drops by 12.3 pct and volume by 11 pct in December
Greece’s retail sales index decreased by 12.3 percent in December following a revised drop of 8.5 percent in November, Hellenic Statistical Authority data showed on Friday.
Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle
The budget primary balance recorded a deficit of 1.47 billion euros in the first month of 2021, compared to a surplus of 495 million noted in January 2020, the final Finance Ministry (MoF) budget execution bulletin for January showed.