Macroeconomy
Trade deficit declines by 7.9 pct in March
Greece’s trade deficit fell by 7.9 percent year-on-year (YoY) in March compared to no change YoY in February, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed.
New tax debt at 1.67 bln to Feb, up by 1.04 bln month-on-month
The month-on-month rise in Greece's new tax debt came to 1.04 billion euros in February, data from the Independent Authority of Public Revenues (IAPR) has shown.
April sees lowest hiring balance on record as pandemic bites and 233,626 fewer jobs offered
The employment balance edged into positive territory in April with 7,205 more hirings than firings, data from the Labour Ministry’s Ergani information system showed.
Unemployment continued downward course in Feb, falling to 16.1 pct
Greece’s seasonally adjusted (SA) unemployment rate came to 16.1 percent in February from a downward revised reading of 16.2 percent in January, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
Overall loan interest drops to series low of 4.06 pct in March
The overall weighted average interest rate on all new loans to households and non-financial corporations fell by 24 percentage points to 4.06 percent in March from 4.30 percent in February, data from the Bank of Greece (BoG) showed on Wednesday.
PMI crashed to 29.5 points in April during sharpest ever decline
Greece’s manufacturing PMI plummeted to 29.5 points in April from 42.5 points in March, according to the latest data from Markit PMI.
Retail turnover increases by 4.7 pct in February, volume up by 3.5 pct
Greece’s retail sales index increased by 4.7 percent in February following a rise of 7.8 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
Deposits rise by 2.85 bln in March
Net deposit movements in the Greek banking system were positive by 2.85 billion euros in March, rising from inflows of 1.06 billion in February, Bank of Greece (BoG) figures revealed on Wednesday.
Credit growth at 0.1 pct in March, positive for first time since 2011
Credit movement in the Greek market came to 0.1 percent in March, improving from a contraction of 0.8 percent noted in February, Bank of Greece (BoG) figures showed on Wednesday.
Economic sentiment, consumer confidence plummet in April as construction takes worse hit
Greece’s economic sentiment (ESI) fell by 10.1 points month-on-month in April to reach 99.3 points, European Commission (EC) figures showed on Monday.