Macroeconomy
Budget primary surplus at 5.36 bln in 10-month, exceeding target on lower expenditure
The budget primary balance recorded a surplus of 5.36 billion euros in the first ten months of 2017, increasing by 10.2 percent against last year’s figure of 4.86 billion euros, the Finance Ministry preliminary budget execution bulletin showed on Tuesday.
Eurosystem funding falls by 4.38 bln in October as ELA declines
Greek banks’ Eurosystem funding fell by an additional 4.38 billion euros in October, Bank of Greece's (BoG) monthly financial statement revealed on Tuesday.
Building activity drops by 5.2 pct in August
Building permits went down by 5.2 percent in August, falling at a greater rate than the drop of 2.4 percent seen in August, Hellenic Statistical Authority (ELSTAT) data released on Monday showed.
Net job hirings balance turns negative by 98,420 in October
The employment balance turned negative in October as hirings fell short of departures by 98,420, data from the Labour Ministry’s Ergani information system revealed.
EC sees lower growth in 2017 but no concerns for fiscal targets
The European Commission remains optimistic about the Greek economy’s prospects in its Autumn forecasts, which were released on Thursday.
Industrial production grows by 2.4 pct in Sept
Greece’s Industrial Production Index (IPI) increased by 2.4 percent in September after a mild downward revision of August’s figure to 5.5 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday.
CPI grows by 0.7 pct in October, positive for 10 successive months
Greece’s Consumer Price Index (CPI) rose by 0.7 percent in October, posting a slight decline from the 1 percent rise of September, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
Unemployment falls again in August, edging down to 20.6 pct
Greece’s seasonally adjusted (SA) unemployment rate fell to 20.6 percent in August after a downward revised 20.9 percent in July, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
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.