Macroeconomy
April produces first fall this year for car sales, which tumbled by 7.5 pct
The number of vehicles going into circulation for the first time dropped by 7.5 percent in April after a surge of 43.5 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
CPI increases by 1.6 pct in April
Τhe Greek Consumer Price Index (CPI) increased by 1.6 percent in April after rising by 1.7 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Industrial production improves by another 8.7 percent in March
The Greek Industrial Production Index (IPI) grew by 8.7 percent in March following an upward revised growth of 11 percent in February, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday.
Net job hirings hit high of 92,132 in April, driving 4-month figure to new record
The employment balance remained positive in April 2017, with net hirings rising to 92,132 from 90,631 last year, data from the Labour Ministry’s Ergani information system revealed on Tuesday.
Deposit interest rates broadly stable in March, average loan rate down slightly
Greek households’ new time deposit rate edged down 1 basis point (bp) to 0.66 percent in March, Bank of Greece (BoG) figures showed on Monday.
Trade deficit soars 36.2 pct in March, largely due to oil products
Greece’s trade deficit continued increased by 36.2 percent in March, more than double the growth rate of 17.7 percent recorded in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
Greece’s general government (gg) primary cash surplus dropped by 1.17 billion euros to 2.04 billion in the first quarter (Q1) of 2017 from 3.22 billion a year ago, the Finance Ministry (MoF) gg bulletin revealed on Friday.
Overdue social security contributions climb to 22.5 bln at end of Q1
The stock of unpaid social security contributions (SSCs) jumped to 22.49 billion euros at the end of the first quarter (Q1) of 2017 from 17.54 billion at the end of the previous quarter, a bulletin from the Centre for the Collection of Social Security Arrears (KEAO) revealed on Thursday.
Rise in new overdue taxes slows to 658 mln in March, stock edges up to 94.3 bln
Greece’s new tax debt increased at a decelerating pace for the second straight month in March, when it rose by 658 million euros compared to a 989-million-euro increase in the previous month, Independent Authority of Public Revenues (IAPR) data showed on Thursday.
Parliament Budget Office welcomes deal, warns on economic prospects and reform implementation
The agreement reached with lenders is an important first step towards restoration of confidence, inclusion of Greek government bonds in the European Central Bank’s QE programme and a future return to capital markets, according to the Parliament Budget Office's (PBO) first quarter (Q1) report.