Macroeconomy
Car sales rise by 22.9 pct in September
Road motor vehicles going into circulation for the first time rose by 22.9 percent in September, compared to a rise of 20.2 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Trade deficit edges down by 1.7 pct in August
Greece’s trade deficit fell by 1.7 percent year-on-year (YoY) in August compared to a rise of 6.3 percent in July, data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday showed.
General govt primary cash surplus at 4.35 bln in Aug, arrears up by 270 mln
Greece’s general government (gg) primary cash surplus came to 4.35 billion euros in the first eight months of the year, up by 713 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
September employment balance stays positive by 2,651
The employment balance stayed positive in September with 2,651 more hirings than firings, data from the Labour Ministry’s Ergani information system showed.
Overall loan interest rate edges up to 4.68 pct in August
The overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.68 percent in August, up 11 basis points (bps) from the rate of 4.57 noted in July, data from the Bank of Greece (BoG) showed on Wednesday.
PMI at 53.6 points in September, employment slows
Greece’s manufacturing PMI edged down to 53.6 points in September from 54.9 points in August, according to the latest data from Markit PMI.
Retail turnover drops by 2.7 pct in July, volume falls by 3 pct
Greece’s retail sales index decreased by 2.7 percent in July, following an upward revised increase of 2.5 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
Economic sentiment edges down to 107.2, consumer confidence continues to rise
Greece’s economic sentiment (ESI) dropped by 1.2 points in September to reach 107.2 points, European Commission (EC) figures showed on Friday.
Deposits rise by 1.02 bln in August
Net deposit movement in the Greek banking system stayed positive by 1.02 billion euros in August following an increase of 1.60 billion euros in July, Bank of Greece (BoG) figures revealed on Thursday.
Credit contraction stays at 0.1 pct in August, balance at 159.90 bln
Credit contraction in the Greek market stayed at 0.1 percent in August, unchanged from July, Bank of Greece (BoG) figures showed on Wednesday.