Macroeconomy
Industrial production falls by 3.4 percent in February
Greece’s Industrial Production Index (IPI) fell by 3.4 percent year-on-year (YoY) in February compared to a revised decrease of 1 percent in January, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday.
Unemployment at 16.4 pct in January
Greece’s seasonally adjusted (SA) unemployment rate came to 16.4 percent in January, unchanged from December, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
General govt primary cash surplus at 1.44 bln in February, arrears up by 133 mln
Greece’s general government (gg) primary cash surplus came to 1.44 billion euros in the first two months of the year, down by 1.49 billion euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
Trade deficit up by 7.8 pct in February
Greece’s trade deficit increased by 7.8 percent year-on-year (YoY) in February compared to a drop of 9.8 percent in January, data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday showed.
Overall loan interest drop to 4.30 pct in February
The overall weighted average interest rate on all new loans to households and non-financial corporations rose by 6 percentage points to 4.30 percent in February from 4.36 percent in January, data from the Bank of Greece (BoG) showed on Wednesday.
Big drop in March sees PMI settle at 42.5 pts as Covid-19 measures bite
Greece’s manufacturing PMI dropped to 42.5 points in March from 56.2 points in February, according to the latest data from Markit PMI.
Retail turnover up by 10.1 pct in January
Greece’s retail sales index increased by 10.1 percent in January following an upward revised rise of 2.2 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Economic sentiment at 109.4 in March
Greece’s economic sentiment (ESI) fell by 3.8 points month-on-month in March to reach 109.4 points, European Commission (EC) figures showed on Monday.
Credit contraction at 0.7 pct in Feb, balance at 153.74 bln
Credit contraction in the Greek market came to 0.7 percent in February, slightly deepening from a contraction of 0.6 percent in January, Bank of Greece (BoG) figures showed on Thursday.
Deposits rise by 1.06 bln in Feb
Net deposit movements in the Greek banking system were positive by 1.06 billion euros in February, following outflows of 2.16 billion in January, Bank of Greece (BoG) figures revealed on Thursday.