Macroeconomy
PMI at 53.6 points in September, employment slows
Greece’s manufacturing PMI edged down to 53.6 points in September from 54.9 points in August, according to the latest data from Markit PMI.
Retail turnover drops by 2.7 pct in July, volume falls by 3 pct
Greece’s retail sales index decreased by 2.7 percent in July, following an upward revised increase of 2.5 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
Economic sentiment edges down to 107.2, consumer confidence continues to rise
Greece’s economic sentiment (ESI) dropped by 1.2 points in September to reach 107.2 points, European Commission (EC) figures showed on Friday.
Deposits rise by 1.02 bln in August
Net deposit movement in the Greek banking system stayed positive by 1.02 billion euros in August following an increase of 1.60 billion euros in July, Bank of Greece (BoG) figures revealed on Thursday.
Credit contraction stays at 0.1 pct in August, balance at 159.90 bln
Credit contraction in the Greek market stayed at 0.1 percent in August, unchanged from July, Bank of Greece (BoG) figures showed on Wednesday.
Budget primary surplus confirmed at 2.91 bln in August
The budget primary balance recorded a surplus of 2.91 billion euros in the first eight months of 2019, compared to a surplus of 1.12 billion noted in August 2018, the Finance Ministry (MoF) budget execution bulletin confirmed on Wednesday.
Travel balance up by 9.6 pct in July, German visitors continue to fall
Greece’s travel balance rose to 3.40 billion euros in July from 3.10 billion a year ago, Bank of Greece (BoG) data has shown. This equates to an increase of 9.6 percent year-on-year (YoY).
Current account balance shows surplus of 1.28 bln in July
Greece’s current account (C/A) balance came to a surplus of 1.28 billion in July, improving from a surplus of 874.4 million euros in June, according to Bank of Greece (BoG) figures released on Friday.
Industrial turnover rises by 4.3 pct in July
Greece’s industrial turnover increased by 4.3 percent year-on-year (YoY) in July following an upward revised drop of 7.7 percent in June, Hellenic Statistical Authority (ELSTAT) data published on Thursday showed.
Primary cash balance surplus at 2.46 bln in August
Greece’s central government primary cash balance recorded a surplus of 2.46 billion euros in the first eight months of the year according to figures released by the Bank of Greece (BoG).