Macroeconomy
Unemployment in Greece falls to 19.5 pct in May, below 20 pct for first time since Sept 2011
Greece’s seasonally adjusted (SA) unemployment rate in May edged down to 19.5 percent from a downward revised rate of 20 percent in April, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
Industrial production grows by 1.2 pct in June and rises by 0.5 pct in first half of the year
Greece’s Industrial Production Index (IPI) rose by 1.2 percent in June after May’s growth was revised up to 1.7 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday.
Eurosystem funding down by 3.29 bln to 13.02 bln in July
Greek banks’ Eurosystem funding declined by 3.29 billion month-on-month (MoM), the Bank of Greece's (BoG) monthly financial statement has revealed.
Trade deficit up by 30.9 pct in June as imports grow faster than exports
Greece’s trade deficit jumped by 30.9 percent year-on-year (YoY) in June, reversing the decline of 15.8 percent noted in May according to data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday.
General govt primary cash surplus at 1.45 bln in June as expenditure picks up
Greece’s general government (gg) primary cash surplus came to 1.45 billion euros in the first six months of the year, down by 1.15 billion euros compared to the first half of 2017, according to the Finance Ministry’s (MoF) monthly gg bulletin.
PMI at 53.5 pts in July as optimism holds, export orders slow down
Greece’s Manufacturing PMI remained unchanged at 53.5 pointσ in July, staying over the 50-mark threshold for 14 straight months as confidence continues to strengthen.
New overdue taxes rise by 428 mln in June, total stock above 102 bln
Greece’s new tax debt’s month-on-month rise came to 428 million in June, slowing from May’s rise of 610 million euros, data from the Independent Authority of Public Revenues (IAPR) has shown.
Retail index jumps 5.3 pct in May led by fuel and supermarket sale
Greece’s retail sales index increased by 5.3 percent in May, accelerating from the growth of 0.8 percent noted in April, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Economic sentiment reaches 105.3 in July, highest since June 2014
Greece’s economic sentiment (ESI) rose by 2.8 points to 105.3 versus the reading of 102.5 in June, European Commission (EC) figures revealed on Monday.
Deposits inflows in June reach 1.36 bln for fifth month of positive readings
Net deposit movement in the Greek banking system remained positive with inflows of 1.36 billion in June, building on inflows of 919.4 million in May, Bank of Greece (BoG) figures revealed on Wednesday.