Macroeconomy
Budget primary surplus at 1.97 bln in 2017 on strong underspend
The budget primary balance recorded a surplus of 1.97 billion euros in 2017, down by 29.2 percent against the figure for 2016 which stood at 2.78 billion, MoF preliminary budget execution bulletin showed on Monday.
Net job hirings balance positive by 15,315 in December
The employment balance returned to positive territory in December as hirings outpaced departures by 15,315, data from the Labour Ministry’s Ergani information system revealed on Monday.
CPI rises by 0.7 pct in Dec for first 12-month positive streak after four years of deflation
Greece’s Consumer Price Index (CPI) rose by 0.7 percent in December, slowing from November’s growth of 1.1 percent, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Unemployment rate at 20.7 pct in October, previous month revised upwards
Greece’s seasonally adjusted (SA) unemployment rate came to 20.7 percent in October after the upward revision of September’s figure to 20.8 percent, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
Car sales rise by 16.1 pct in December, annual increase reaches 20.8 pct
Road motor vehicles going into circulation for the first time rose by 16.1 percent in December, which is the same rate as in November, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Industrial production shows growth of 0.8 pct in November
Greece’s Industrial Production Index (IPI) increased by 0.8 percent in November after October’s rise was upwardly revised to 0.7 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Tuesday.
General govt primary cash surplus at 7.15 bln in Nov, arrears reduced further
Greece’s general government (gg) primary cash surplus amounted to 7.15 billion eurso in the first 11 months of 2017, up by 701 million compared to the same time last year according to the Finance Ministry’s (MoF) monthly gg bulletin.
Trade deficit narrows by 11.5 pct in November on higher exports, slower import rise
Greece’s trade deficit fell by 11.5 percent in November after rising by 20.6 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
Economic sentiment reaches 101 pts in Dec, highest in more than 3 years
Greece’s economic sentiment (ESI) had one of its most marked improvement of 2017 in the final months of the year, when it edged up by 2.6 points to 101 from 98.4 in November, European Commission (EC) figures revealed on Monday.
Total overdue tax obligations rise to 100.74 bln, up by 1.19 bln in November
Greece’s new tax debt rose by 1.19 billion euros in November, a slight increase on October’s figure of 1.18 billion, data from the Independent Authority of Public Revenues’ (IAPR) has revealed.