Macroeconomy
November deposit inflows stay negative by 79.4 mln for second consecutive month
Net deposit movement in the Greek banking system remained negative for a second month in November with outflows of 79.4 million compared to outflows of 345.5 million euros in October, Bank of Greece (BoG) figures revealed on Thursday.
Credit contraction stays at 1.4 pct in November, loans to enterprises turn positive
Credit contraction in the Greek market remained at 1.4 percent in November, unchanged from October, Bank of Greece (BoG) figures showed on Thursday.
Travel balance rises by 21.4 pct in October
Greece’s travel balance edged up by 21.4 percent in October, following a much smaller rise of 0.8 percent in September, Bank of Greece (BoG) data has shown.
PMI comes to 53.8 in December as rise in foreign demand compensates lower domestic activity
Greece’s manufacturing PMI dropped slightly to 53.8 points in December from 54 in November, staying over the 50-mark threshold for 19 consecutive months.
Private sector employees increase in 2018 along with average wage rise of 4.6 pct
The Labour Ministry’s Ergani information system released a special report detailing companies and workers with employment governed by private law for 2018.
Retail turnover falls by 2.2 pct in October, volume declines by 4 pct
Greece’s retail sales index fell by 2.2 percent in October after a slight downward revision to 4.5 percent for September, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
Budget surplus overshoots 11M target due to lower primary expenditure, investment spending
The budget primary balance was confirmed at a surplus of 7.63 billion euros in the first 11 months of 2018, according to the final budget execution bulletin for November published by the Finance Ministry (MoF) on Thursday.
October current account deficit at 871.3 mln as goods balance worsens
Greece’s current account (C/A) balance recorded a deficit 871.3 million euros in October compared to a surplus of 550.8 million in September, Bank of Greece (BoG) figures showed on Friday.
Industrial turnover rises by 17.8 pct in October, highest since May 2017
Greece’s industrial turnover rose by 17.8 percent year-on-year (YoY) in October after a slightly downward revised increase of 14.1 percent in September, Hellenic Statistical Authority (ELSTAT) data published on Thursday showed.
Primary cash surplus at 20.34 bln in November as revenues grow
Greece’s central government primary cash balance recorded a surplus of 20.34 billion euros in the first eleven months of the year, Bank of Greece (BoG) figures have shown.