Macroeconomy
Travel balance up by 18.2 pct in October on increased foreign arrivals
Greece’s travel receipts increased by 14.2 percent year-on-year in October, compared to a rise of 15.5 percent noted in September, Bank of Greece (BoG) data revealed on Friday.
Current account deficit at 624.1 mln in October as goods balance worsens
Greece’s current account (C/A) balance recorded a deficit of 624.1 million euros in October, worsening compared to the figure from the same time last year when there was a deficit of 267.9 million, Bank of Greece (BoG) figures showed on Thursday.
Industrial turnover grows by 11.1 pct in October, reversing decline of previous month
Greece’s industrial turnover grew by 11.1 percent in October after falling by 0.8 percent in September, according to Hellenic Statistical Authority (ELSTAT) data published on Wednesday.
Number of private sector employees rises in 2017 but wages fall
The annual data from the Labour Ministry’s information system (Ergani) detailed the figures on private sector companies and workers in 2017.
Primary cash surplus at 2.33 bln in Nov as expenditure rises, PIB deficit widens
Greece’s central government primary cash balance came to a surplus of 2.33 billion euros in the year-to-date up to November, compared to a surplus of 3.58 billion euros for the same time last year, BoG data revealed.
Turnover in services sector shows mixed picture in Q3 2017
Turnover indices for the services sector recorded slight year-on-year improvements in Q3 2017, but declined quarter-on-quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
The budget primary balance recorded a surplus of 4.66 billion euros in the first 11 months of 2017, decreasing by 19.1 percent against last year’s figure of 5.76 billion euros, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Thursday.
Unemployment rate falls to 20.2 pct in Q3, lowest for almost six years
The Greek non-seasonally-adjusted unemployment rate fell to 20.2 percent in the third quarter (Q3) of 2017 from 21.1 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Wages index improves 0.9 pct in Q3, declines 0.7 percent YoY
The seasonally adjusted (SA) Wages Index recorded its first negative reading after seven months when it fell by 0.7 percent year-on-year in Q3 2017, after edging up by 0.5 percent in the previous quarter, ELSTAT figures revealed on Wednesday.
Eurosystem funding falls by 4.46 bln in November, banknotes in circulation decline
Greek banks’ Eurosystem funding fell by an additional 4.46 billion euros in November, Bank of Greece's (BoG) monthly financial statement revealed on Tuesday.