Macroeconomy
Car sales increase by 10.3 percent in July
Road motor vehicles going into circulation for the first time rose by 10.3 percent in July compared to an increase of 40.3 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
CPI up by 1.4 pct in July as higher fuel prices and cost of electricity filter through
Greece’s Consumer Price Index (CPI) increased by 1.4 percent year-on-year (YoY) in July, accelerating from the 1 percent rise in June, according to the latest data from the Hellenic Statistical Authority (ELSTAT) released on Monday.
Industrial production up 8.8 pct in June, continues annual recovery from 2020 lows
Greece’s Industrial Production Index (IPI) increased by 8.8 percent year-on-year (YoY) in June, from a 14.1 percent rise in May, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
PMI grows in July, but supply chain issues and price pressure come to fore
Greece’s manufacturing PMI stood at 57.4 points in July, from 58.6 points in June, signalling the ongoing improvement in market conditions in Greece, Markit data showed on Monday
Retail index rises another 15 pct in May from 2020 lows
Greece’s retail sales index continued its impressive rise with a 15 percent year-on-year (YoY) rise in May, from a slightly revised jump of 38.8 percent in April, according to Hellenic Statistical Authority data released on Friday.
Economic sentiment rises above 111 pts in July but consumer confidence drops further
Greece’s economic sentiment (ESI) resumed its recovery path in July, rising to 111.2 points, from 108.7 in June, according to European Commission figures released on Thursday.
Led by corporate lending, credit continues to grow with 2.3 pct rise in June
Credit movement in the Greek private sector increased by an annual 2.3 percent in June, from a 2.2 percent rise in May, Bank of Greece (BoG) figures showed on Tuesday.
Deposits jump by 1.62 bln in June, led by savings
The private sector’s net deposit movement in Greece’s banks accelerated in June, increasing by 1.62 billion euros, from 359 million euros in May, Bank of Greece (BoG) figures released on Tuesday showed.
Unemployment drops to 15.9 pct in May, inactive figure also eases to 3.23 mln
Greece’s seasonally adjusted (SA) unemployment rate dropped to 15.9 percent in May, from a revised 17.1 percent in April, according to the Hellenic Statistical Authority’s (ELSTAT) data released on Tuesday.
Budget primary deficit reaches 9.09 bln for H1, up almost 3 bln on 2020
The budget primary balance was confirmed at a deficit of 9.09 billion euros in the first half of 2021, compared with a deficit of 6.1 billion in the same period of 2020, according to the final Finance Ministry (MoF) budget execution bulletin for June released on Monday.