Macroeconomy
December deposit inflows hit six-year high of 3.15 bln
Net deposit movement in the Greek banking system turned strongly positive in December with inflows of 3.15 billion compared to outflows of 79.4 million in November, Bank of Greece (BoG) figures revealed on Monday.
Credit contraction at 1.1 pct in Dec, loans to enterprises increase by 1.09 bln MoM
Credit contraction in the Greek market came to 1.1 percent in December compared to a contraction of 1.4 percent seen in November, Bank of Greece (BoG) figures showed on Monday.
Primary surplus confirmed at 3.34 bln in Dec, misses annual target by 367 mln
The budget primary balance was confirmed at a surplus of 3.34 billion euros in 2018, according to the final budget execution bulletin for December published by the Finance Ministry (MoF) on Friday.
Disposable income rises by 4.1 pct YoY in Q3, final consumption grows 1.8 pct
Greek household disposable income grew by 4.1 percent year-on-year (YoY) in the third quarter (Q3) of 2018, growing from the rise of 3.3 percent noted in the previous quarter, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.
Pension outlay still falling, 40.4 pct of main monthly payments below 500 euros
The Labour Ministry's Computer Centre for Social Security Services (IDIKA) most recent report from the Unified System of Control and Pension Payments (ILIOS), which estimates pension payments on a monthly basis, showed that a total of 4.5 million pensions were paid in September 2018.
Travel balance rises by 73.5 pct in Nov, 9.7 pct in aggregate period
Greece’s travel balance grew by 73.5 percent in November following a rise of 21.4 percent in October, Bank of Greece (BoG) data has shown.
December hirings balance positive by 5,970 with annual balance for 2018 up by 141,003 places
The employment balance moved back into positive territory in December after two negative months with 5,970 more hirings than departures, according to data from the Labour Ministry’s Ergani information system.
November current account deficit at 1.41 bln as import value outstrips exports
Greece’s current account (C/A) balance recorded a deficit 1.41 billion euros in November compared to a deficit of 871.3 million in October, Bank of Greece (BoG) figures showed on Monday.
Industrial turnover rises by 7 pct in November
Greece’s industrial turnover rose by 7 percent year-on-year (YoY) in November after a slightly upward revised increase of 17.9 percent in October, Hellenic Statistical Authority (ELSTAT) data published on Friday showed.
Primary cash surplus at 16.19 bln in 2018, 3.18 bln spent on reducing arrears
Greece’s central government primary cash balance recorded a surplus of 16.19 billion euros in 2018, Bank of Greece (BoG) figures have shown.