Macroeconomy
Building activity up by 45.7 pct in May, highest since Dec 2005
Hellenic Statistical Authority (ELSTAT) data released on Friday showed that Greek building permits increased by 45.7 percent in May, comfortably reversing the decline of 0.9 percent noted in April.
Eurosystem funding drops by 3.9 bln in July on big decline in ELA
Greek banks’ Eurosystem funding fell for the 25th successive month in July when it declined by a further 3.89 billion euros, Bank of Greece's (BoG) monthly financial statement revealed on Thursday.
Unemployment at 21.7 pct in May after revised April figure
Greece’s seasonally adjusted (SA) unemployment edged down to 21.7 percent in May from an upwardly revised rate of 21.8 percent in April, the Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday.
CPI up by 1 pct in July for seventh straight rise
Greece’s Consumer Price Index (CPI) grew by 1 percent in July, remaining at the same level as June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Car sales increase by 28.3 pct in July
Road motor vehicles (going into circulation for the first time) rose by 28.3 percent in July, a marginal increase on June’s rise of 28.2 percent, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Industrial production grows 1.6 pct in June, slowing from May
Greece’s Industrial Production Index (IPI) increased by 1.6 percent in June following upwardly revised growth of 6.3 percent in May, Hellenic Statistical Authority (ELSTAT) data revealed on Tuesday.
New overdue tax obligations reach 727 mln in June, total at 95.6 bln
Greece’s new tax debt rose to 727 million euros in June, up slightly from 717 million euros in May, the Independent Authority of Public Revenues’ (IAPR) data revealed.
Net job hirings slow to 7,242 in July, lowest since January
The employment balance remained in positive territory in July, although net hirings dropped by around 12,039 to 7,242 from 19,281 a year ago data from the Labour Ministry’s Ergani information system revealed on Monday.
Trade deficit drops by 0.9 pct in June as exports outpace imports
Greece’s trade deficit dropped by 0.9 percent in June after rising by 14.2 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
Capital controls to ease further from the beginning of September
Individuals will be able to withdraw a lump sum of up to 1,800 euros per calendar month from September 1 as part of government moves to further relax the capital controls in place since 2015.