Macroeconomy
Unemployment rate falls to 21.5 pct in 2017 despite increase in Q4
The Greek non-seasonally-adjusted unemployment rate rose to 21.2 percent in the fourth quarter (Q4) of 2017, rising against the figure for Q3 of 20.2 percent, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Budget primary surplus at 2.75 bln in Feb on increased revenues, lower expenditure
The budget primary balance recorded a surplus of 2.75 billion euros in the first two months of 2018, up by 28.9 percent against last year’s figure of 2.14 billion euros, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Wednesday.
Wages index improves by 0.2 pct in Q4, up by 2 pct YoY
The seasonally adjusted (SA) Wages Index rose by 2 percent year-on-year (YoY) in the fourth quarter (Q4) of 2017, after falling by 0.7 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday.
Eurosystem funding drops by 4.58 bln in January, banknotes in circulation fall
Greek banks’ Eurosystem funding fell by around 4.58 billion euros in January, Bank of Greece's (BoG) monthly financial statement revealed on Monday.
Industrial production falls by 1.7 pct in Jan
Greece’s Industrial Production Index (IPI) declined by 1.7 percent in January after December’s growth was revised up to 1.3 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Monday.
Building activity down by 6.7 pct in Dec after rising by 8.6 pct in 2017
Building permits fell by 6.7 percent in December against a rise of 16.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data released on Monday showed.
Net job hirings balance turns positive by 16,628 in February
The employment balance returned to positive ground in February as hirings outpaced departures by 16,628, data from the Labour Ministry’s Ergani information system revealed.
Trade deficit falls by 14.8 pct in January on sharp rise in exports
Greece’s trade deficit fell substantially by 14.8 percent in January compared to a decline of 0.8 percent in December according to data from the Hellenic Statistical Authority (ELSTAT) released on Friday.
Car sales up by 33.1 percent in February
Road motor vehicles going into circulation for the first time rose by 33.1 percent in February, slowing from the increase of 44.3 percent noted in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Turnover in tourism sector up 7 pct in Q4, increasing by 9.9 pct in 2017
The turnover index in accommodation and food services remained positive for a sixth successive quarter in Q4 2017, growing by 7 percent after an upward revision for Q3 to 14.7 percent, ELSTAT figures showed on Friday.