Macroeconomy
Industrial turnover drops by 9.3 pct in March
Greece’s industrial turnover fell by 9.3 percent year-on-year (YoY) in March compared to a drop of 2.4 percent in February, Hellenic Statistical Authority (ELSTAT) data published on Wednesday showed.
PBO highlights economic impact of Covid-19, calls for policies to mitigate damage
The Budget office of the Greek Parliament (PBO) issued its first quarterly report for 2020 in which the early signs of the pandemic started becoming visible, although the office notes that even the latest fiscal and macro data are far from capturing the impact of the pandemic.
Central government debt increases by 5.81 bln to 361.83 bln in Q1
Greece’s central government debt increased by 5.81 billion euros to 361.83 billion euros quarter-on-quarter (QoQ) in the first quarter (Q1) of 2020, from 356.01 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Tuesday.
Primary cash balance deficit climbs to 2.62 bln in April largely on revenue deterioration
Greece’s central government primary cash balance recorded a deficit of 2.62 billion euros in the first four months of the year according to figures released by the Bank of Greece (BoG).
Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
The budget primary balance recorded a deficit of 1.51 billion euros in the first four months of 2020, compared to a surplus of 1.46 billion noted in April 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for April showed on Friday.
Car sales drop by 80.6 pct in April
Road motor vehicles going into circulation for the first time plummeted by 80.6 percent in April, compared to a fall of 50.8 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Building permits increase by 64.3 pct in February
Building permits rose by 64.3 percent year-on-year (YoY) in February compared to a rise of 55.7 percent in January, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed.
General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
Greece’s general government (gg) primary cash surplus came to 774 million euros in the first three months of the year, down by 1.20 billion euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
Industrial production edges up by 0.6 percent in March
Greece’s Industrial Production Index (IPI) increased by 0.6 percent year-on-year (YoY) in March following a slightly upward revised drop of 3.2 percent in February, Hellenic Statistical Authority (ELSTAT) data revealed on Monday.
CPI drops by 1.4 pct in April
Greece’s Consumer Price Index (CPI) dropped by 1.4 percent year-on-year (YoY) in April compared to no change in March, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.