Macroeconomy
Budget primary balance at 823 mln in Feb, beating target with help of higher revenues
The budget primary balance recorded a surplus of 823 million euros in the first two months of 2018, down significantly against last year’s figure of 2.70 billion euros, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Friday.
Unemployment rate inches up to 18.7 pct in Q4
The Greek non-seasonally-adjusted unemployment rate stood at 18.7 percent in the fourth quarter (Q4) of the year, edging up from the rate of 18.3 percent noted in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Wages index up by 4.9 pct in Q4 to reach highest level since 2012
Greece’s seasonally adjusted (SA) Wages Index rose by 4.9 percent year-on-year (YoY) in the last quarter of last year, following a rise of 4.6 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures revealed on Wednesday.
Car sales rise by 15.7 pct in Feb
Road motor vehicles going into circulation for the first time rose by 15.7 percent in February after a rise of 9.2 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Building permits down by 7.5 pct in Dec but up by 10.3 pct during 2018
Building permits decreased by 7.5 percent year-on-year (YoY) in December, dropping from a rise of 18 percent noted in November, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed.
CPI rises by 0.6 pct in Feb for tenth consecutive monthly increase
Greece’s Consumer Price Index (CPI) rose by 0.6 percent in February from 0.4 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Industrial production up by 3.4 pct in Jan for third straight rise
Greece’s Industrial Production Index (IPI) grew by 3.4 percent year-on-year (YoY) in January from an upward revised figure of 1.3 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Friday.
Trade deficit up by 5.1 pct in Jan as imports rise, exports edge down
Greece’s trade deficit increased by 9 percent year-on-year (YoY) in January, accelerating from the 5.1 percent rise seen in December, data from the Hellenic Statistical Authority (ELSTAT) showed on Friday.
Turnover in tourism grows by 2.8 pct during Q4 and 9 pct in 2018
The turnover index in accommodation and food services remained positive for a seventh continuous quarter in the fourth quarter (Q4) of the year, with an increase of 2.8 percent (ELSTAT) figures showed on Thursday.
Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
Greece’s seasonally adjusted (SA) GDP fell by 0.1 percent quarter-on-quarter (QoQ) in the fourth quarter (Q4) of 2018 after an upwards revised increase of 1 percent in the previous quarter, provisional estimates from ELSTAT revealed on Thursday.