Macroeconomy
Economic sentiment hits 105.3 pts in July, confidence at highest since 2004
Greece’s economic sentiment (ESI) strengthened by 4.3 points in July to 105.3 points, European Commission (EC) figures showed on Tuesday.
Budget primary surplus confirmed at 381 mln in June
The budget primary balance recorded a surplus of 381 million euros in the first six months of 2019, compared to a deficit of 46 million noted in June 2018, the Finance Ministry (MoF) budget execution bulletin confirmed on Thursday.
Deposits rise by 1.77 bln in June
Net deposit movement in the Greek banking system stayed positive by 1.77 billion euros after a smaller increase of 561.6 million euros in May, Bank of Greece (BoG) figures revealed on Wednesday.
Credit contraction stays at 0.2 pct in Jun, balance at 161.16 bln
Credit contraction in the Greek market stayed at 0.2 percent in June, unchanged from May, Bank of Greece (BoG) figures showed on Wednesday.
Disposable income rises by 4.9 pct YoY in Q1, final consumption up by 0.2 pct
Greek household disposable income grew by 4.9 percent year-on-year (YoY) in the first quarter (Q1) of 2019, notably increasing from the rise of 1.7 percent noted in the previous quarter, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday.
Travel balance up by 7.8 pct in May, aggregate visitors edge down 0.9 pct
Greece’s travel balance rose to 1.36 billion euros in May from 200.3 million euros in April, Bank of Greece (BoG) data has shown. This reflects an annual rise of 7.8 percent.
Industrial turnover drops by 2.3 pct in May
Greece’s industrial turnover fell by 2.3 percent year-on-year (YoY) in May compared to a rise of 13.4 percent in April, Hellenic Statistical Authority (ELSTAT) data published on Friday showed.
Current account balance shows surplus of 300.6 mln in May
Greece’s current account (C/A) balance came to a surplus of 300.6 million in May from a deficit of 1.40 billion euros in April according to Bank of Greece (BoG) figures released on Friday.
Primary cash balance at deficit of 24 mln in Jun
Greece’s central government primary cash balance recorded a deficit of 24 million euros in the first six months of the year according to figures released by the Bank of Greece (BoG).
Travel balance surplus up by 29 pct in Q1 to reach 165 mln
The balance of travel services came to a surplus of 165 million euros for the first quarter (Q1) of 2019 according to figures released by the Bank of Greece (BoG).