Macroeconomy
Q3 wages index up by 2.8 pct QoQ and by 4.6 pct YoY
The seasonally adjusted (SA) Wages Index rose by 4.6 percent year-on-year (YoY) in the third quarter (Q3) of the year, gaining on a rise of 2.6 percent noted in Q2, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday.
Industrial production falls by 1.1 pct in October, interrupting seven-month positive streak
Greece’s Industrial Production Index (IPI) fell year-on-year (YoY) by 1.1 percent in October from a downward revised 1.8 percent increase in September, Hellenic Statistical Authority (ELSTAT) data revealed on Monday.
CPI up by 1 pct in November
Greece’s Consumer Price Index (CPI) rose by 1 percent in November from a rise of 1.8 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
General govt primary cash surplus at 6.68 bln in October, arrears rise by 9 mln
Greece’s general government (gg) primary cash surplus came to 6.68 billion euros in the first 10 months of the year, up by 311 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
Trade deficit drops by 0.6 pct in October with aggregate increase at 1.4 pct
Greece’s trade deficit edged down by 0.6 percent year-on-year (YoY) in October compared to a sharp increase of 39.1 percent in September, according to data from the Hellenic Statistical Authority (ELSTAT) released on Friday.
Turnover in tourism grows by 9.4 pct during Q3
The turnover index in accommodation and food services remained positive for an ninth continuous quarter in the third quarter (Q3) of the year, dropping to 9.4 percent from a revised increase of 11 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Unemployment at 18.6 pct in September as unemployed decline by 11.1 pct year-on-year
Greece’s seasonally adjusted (SA) unemployment rate stayed under 19 percent for a second consecutive month in September, coming to 18.6 percent compared to 18.9 percent in August, the Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
GDP shows annual growth of 2.2 pct in Q3
Greece’s seasonally adjusted (SA) GDP grew by 1 percent quarter-on-quarter (QoQ) in the third quarter (Q3) of 2018, after an upwardly revised increase of 0.4 percent in the previous quarter, the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Tuesday.
Overdue social security contributions rise to 34.35 bln in Q3
The stock of unpaid social security contributions (SSCs) increased to 34.35 billion in the third quarter (Q3) of 2018, rising by 495 million compared to the figure of 33.86 billion euros registered in the second quarter (Q2) of 2018, the Centre for the Collection of Social Security Arrears (KEAO) revealed.
PMI picks up to 54 in November while production rises to eight-month high
Greece’s manufacturing PMI picked up to 54 points in November from 53.1 in October, staying over the 50-mark threshold for a full year and a half.