Macroeconomy
Turnover in services sector shows mixed picture in Q3 2017
Turnover indices for the services sector recorded slight year-on-year improvements in Q3 2017, but declined quarter-on-quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
The budget primary balance recorded a surplus of 4.66 billion euros in the first 11 months of 2017, decreasing by 19.1 percent against last year’s figure of 5.76 billion euros, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Thursday.
Unemployment rate falls to 20.2 pct in Q3, lowest for almost six years
The Greek non-seasonally-adjusted unemployment rate fell to 20.2 percent in the third quarter (Q3) of 2017 from 21.1 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Wages index improves 0.9 pct in Q3, declines 0.7 percent YoY
The seasonally adjusted (SA) Wages Index recorded its first negative reading after seven months when it fell by 0.7 percent year-on-year in Q3 2017, after edging up by 0.5 percent in the previous quarter, ELSTAT figures revealed on Wednesday.
Eurosystem funding falls by 4.46 bln in November, banknotes in circulation decline
Greek banks’ Eurosystem funding fell by an additional 4.46 billion euros in November, Bank of Greece's (BoG) monthly financial statement revealed on Tuesday.
Net job hirings balance for November turns negative by 39,221
The employment balance was negative in November for a second straight month as hirings fell short of departures by 39,221, data from the Labour Ministry’s Ergani information system revealed on Tuesday.
New overdue tax obligations up by 1.18 bln in October, total at 99.75 bln
Greece’s new tax debt rose by 1.18 billion euros in October, picking up pace from September’s rise of 706 million, the Independent Authority of Public Revenues’ (IAPR) data has revealed.
Turnover in tourism sector up 13.9 pct in Q3, positive for fifth consecutive quarter
The turnover index in accommodation and food services increased for the fifth straight quarter in the third quarter (Q3) of 2017, growing by 13.9 percent after a slight downward revision to 7.2 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Monday.
Industrial production grows by 0.5 pct in October, slowest rate for 2017
Greece’s Industrial Production Index (IPI) increased by 0.5 percent in October after September’s figure was upwardly revised to 3.2 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Monday.
Building activity drops by 3 pct in September, permits increase above 1,000
Building permits declined by 3 percent in September, easing from the drop of 5.2 percent noted in August, Hellenic Statistical Authority (ELSTAT) data released on Monday showed.