Macroeconomy
Unemployment at 18.9 pct in August, unemployed remain under 1 mln
Greece’s seasonally adjusted (SA) unemployment rate fell just below 19 percent to 18.9 percent in August, from an upward revised figure of 19.1 percent in July, the Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
Trade deficit jumps by 39.1 pct in September and rises by 1.4 pct in 9-month period
Greece’s trade deficit jumped by 39.1 percent year-on-year (YoY) in September compared to an increase of 15.1 percent in August, according to data from the Hellenic Statistical Authority (ELSTAT) released on Wednesday.
General govt primary cash surplus at 5.21 bln in September, arrears fall by 411 mln
Greece’s general government (gg) primary cash surplus came to 5.21 billion euros in the first nine months of the year, reduced by 116 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
PMI slows to 53.1 in October, orders and employment remain strong
Greece’s Manufacturing PMI declined slightly to 53.1 points in October from 53.6 points in September, staying over the 50-mark threshold for 17 months.
Retail turnover increases by 4.3 pct in August, volume rises 3.2 pct
Greece’s retail sales index increased by 4.3 percent in August, a slight increase from July’s figure of 4 percent, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Economic sentiment drops to 101 in October, consumer confidence rises by 6.6 points
Greece’s economic sentiment (ESI) fell by 0.3 points to 101 in October compared to September, European Commission (EC) figures revealed on Tuesday.
Disposable income grows by 3.3 pct in Q2
Greek household disposable income grew by 3.3 percent year-on-year in the second quarter (Q2) of 2018, picking up from the increase of 2.1 percent noted in the previous quarter, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.
Deposit inflows come to 102 mln in September, slowing from recent months
Net deposit movement in the Greek banking system remained positive in September with inflows of 102 million euros, Bank of Greece (BoG) figures revealed on Wednesday.
Credit contraction slows to 1.3 pct in Sept, balance at 176.83 bln
Credit contraction in the Greek market came to 1.3 percent in September compared to a contraction of 1.5 percent in August, Bank of Greece (BoG) figures showed on Thursday.
Primary surplus confirmed at 4.80 bln on lower tax refunds and public investments
The budget primary balance was confirmed a surplus of 4.80 billion euros in the first nine months of 2018, according to the final preliminary budget execution bulletin for September published by the Finance Ministry (MoF) on Wednesday