Macroeconomy
Travel surplus rises by 10.4 pct in H1, German visitor numbers and receipts drop
The balance of travel services came to a surplus of 4.08 billion euros for the first half (H1) of the year, Bank of Greece (BoG) noted in its travel balance report for the first six months of the year.
Building permits increase by 18.5 pct in July
Building permits rose by 18.5 percent year-on-year (YoY) in July compared to a rise of 4.7 percent in June, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.
Industrial production edges down by 0.6 pct in August
Greece’s Industrial Production Index (IPI) decreased by 0.6 percent year-on-year (YoY) in August compared to a revised decrease of 2.1 percent in July, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday.
CPI edges down by 0.1 pct in September
Greece’s Consumer Price Index (CPI) contracted by 0.1 percent year-on-year (YoY) in September, staying negative for a second month, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Unemployment edges down to 16.9 pct, below 17 pct for first time since 2011
Greece’s seasonally adjusted (SA) unemployment rate came to 16.9 percent in July from a slightly upward revised of 17.1 percent in June, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
Car sales rise by 22.9 pct in September
Road motor vehicles going into circulation for the first time rose by 22.9 percent in September, compared to a rise of 20.2 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Trade deficit edges down by 1.7 pct in August
Greece’s trade deficit fell by 1.7 percent year-on-year (YoY) in August compared to a rise of 6.3 percent in July, data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday showed.
General govt primary cash surplus at 4.35 bln in Aug, arrears up by 270 mln
Greece’s general government (gg) primary cash surplus came to 4.35 billion euros in the first eight months of the year, up by 713 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
September employment balance stays positive by 2,651
The employment balance stayed positive in September with 2,651 more hirings than firings, data from the Labour Ministry’s Ergani information system showed.
Overall loan interest rate edges up to 4.68 pct in August
The overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.68 percent in August, up 11 basis points (bps) from the rate of 4.57 noted in July, data from the Bank of Greece (BoG) showed on Wednesday.