Macroeconomy
PMI edges up to 54.9 in August as production, new orders soar
Greece’s manufacturing PMI rose to 54.9 points in August from 54.6 points in July, according to the latest data from Markit PMI.
Retail turnover rises by 2.3 pct in June, volume up by 2.3 pct
Greece’s retail sales index increased by 2.3 percent in June, following a slightly upward revised drop of 1.9 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Consumer confidence hits 19-year high, ESI highest since 2007
Greece’s economic sentiment (ESI) strengthened by 3.1 points in August to reach 108.4 points, European Commission (EC) figures showed on Thursday.
Credit contraction at 0.1 pct in Jul, balance at 160.33 bln
Credit contraction in the Greek market edged down to 0.1 percent in July from 0.2 percent in June, Bank of Greece (BoG) figures showed on Wednesday.
Deposits rise by 1.60 bln in July
Net deposit movement in the Greek banking system stayed positive by 1.60 billion euros in July following an increase of 1.77 billion euros in June, Bank of Greece (BoG) figures revealed on Wednesday.
Budget primary surplus confirmed at 1.76 mln in July as revenues overtake expenditure
The budget primary balance recorded a surplus of 1.76 million euros in the first seven months of 2019, compared to a surplus of 926 million noted in July 2018, the Finance Ministry (MoF) budget execution bulletin confirmed on Monday.
General govt primary cash surplus at 1.78 bln in June, arrears drop by 3 mln
Greece’s general government (gg) primary cash surplus came to 1.78 billion euros in the first six months of the year, up by 263 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
Greece’s travel balance rose to 2.42 billion euros in June from 1.36 million euros in May, Bank of Greece (BoG) data has shown. This reflects an annual rise of 15.7 percent.
Primary cash balance surplus at 1.52 bln in July
Greece’s central government primary cash balance recorded a surplus of 1.52 billion euros in the first seven months of the year according to figures released by the Bank of Greece (BoG).
Current account balance surplus of 874.4 mln in June shows significant yoy improvement
Greece’s current account (C/A) balance came to a surplus of 874.4 million in June, improving from a surplus of 300.6 million euros in May according to Bank of Greece (BoG) figures released on Tuesday.