Macroeconomy
GDP revision for 2017 points to slight improvement from initial estimates
Greece’s Statistical Authority (ELSTAT) issued on Wednesday the second estimate of the national accounts for 2017 and the revised data for the 2015-2016 period according to the EU regulation of the European System of National and Regional Accounts ESA 2010.
Budget primary surplus at 4.18 bln in Sept as EU co-financed projects fall short
The budget primary balance came to a surplus of 4.81 billion euros in the first nine months of 2018, according to the preliminary budget execution bulletin for September published by the Finance Ministry (MoF) on Monday.
Hirings balance positive by 6,556 in September but momentum slows down year-on-year
The employment balance returned to positive territory in September with 6,556 more hirings than departures, data from the Labour Ministry’s Ergani information system revealed.
Building permits rise by 9.8 pct in July, up by 8.4 pct in 7-month period
Building permits rose by 9.8 percent in July, a drop from the figure of 16.2 percent in June, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.
Eurosystem funding down to 12.23 bln in September, banknotes rise for second month
Greek banks’ Eurosystem funding declined by 404 million euros month-on-month (MoM) in September, the Bank of Greece's (BoG) monthly financial statement has revealed.
New overdue taxes rise by 849 mln in August with total stock at 102.81 bln
Greece’s new tax debt’s month-on-month rise came to 849 million in August, picking up pace from July’s rise of 377 million euros, data from the Independent Authority of Public Revenues (IAPR) showed this week.
Unemployment at 19 pct in July as inactive population increases
Greece’s seasonally adjusted (SA) unemployment rate edged down to 19 percent from 19.1 percent in June, the Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
Industrial production grows by 1.4 pct in August and by 0.8 pct in aggregate period
Greece’s Industrial Production Index (IPI) rose by 1.4 percent in August from a revised increase of 2 percent in July, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday.
CPI up by 1.1 pct in Sept for highest rise since Nov 2017
Greece’s Consumer Price Index (CPI) rose by 1.1 percent in September after an increase of 1 percent in August Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
In updated forecasts, IMF sees Greece meeting fiscal targets and debt falling
Following the publication of the World Economic Outlook (WEO) as part of the IMF-World Bank Annual Meetings that are taking place this week in Bali, Indonesia the International Monetary Fund released the latest Fiscal Monitor (FM) with updated fiscal projections for Greece.