Macroeconomy
Car sales rise by 34.4 pct in October
Road motor vehicles going into circulation for the first time rose by 34.4 percent in October from 30.1 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Trade deficit declines by 3.8 pct in September as exports outpace imports
Greece’s trade deficit fell by 3.8 percent in September after a rise of 31.3 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
New overdue tax obligations up by 706 mln in September, total at 98.75 bln
Greece’s new tax debt rose by 706 million euros in September, declining from August’s increase of 1.07 billion, the Independent Authority of Public Revenues’ (IAPR) data has revealed.
Household disposable income fell by another 2.3 pct in 2016, consumption down by 1 pct
The Hellenic Statistical Authority (ELSTAT) released on Monday the annual non-financial sector accounts for 2016 along with revisions for 2014 and 2015, which also reflect recent revisions of national accounts in mid-October.
PMI at 52.1 in October, dropping slightly from previous month
Greece’s Manufacturing PMI dipped slightly by 0.7 points in October to 52.1. Although the latest headline figure represents a three-month low, the index has remained above the 50-mark threshold for a fifth consecutive month.
General govt primary cash surplus at 5.34 bln in nine-month, sharp fall in arrears
Greece’s general government (gg) primary cash surplus amounted to 5.34 billion in the first nine months of 2017, up marginally (by 3 million euros) compared to the same time last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
Retail sales drop by 0.3 pct in August, first negative reading for the year
Greece’s retail sales fell by 0.3 percent year-on-year in August after revised growth of 1.8 percent in July, according to data published by the Hellenic Statistical Agency (ELSTAT) on Tuesday.
Economic sentiment at 98.3 pts in October, consumer confidence drops -0.3 pts
Greece’s economic sentiment (ESI) remained in positive territory in October but slipped under the 100-point mark to 98.3 compared to 100.6 points in September, European Commission (EC) figures revealed on Monday.
Disposable income grows by 0.2 pct in Q2 on higher remuneration, consumption rises
Greek household disposable income grew by 0.2 percent in the second quarter (Q2) of 2017, after edging down by 0.1 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) data revealed on Friday.
Deposit outflow of 51.7 mln in September for banks
Deposit flows in the Greek banking system entered negative territory in September, showing a decline of 51.7 million against positive flows of 1.41 billion in August, Bank of Greece (BoG) figures revealed on Thursday.