Macroeconomy
Unpaid social security contributions almost reach 15 bln
Unpaid social security contributions reached 14.89 billion euros at the end of September, according to the quarterly bulletin of the single social security contribution collection centre (KEAO).
Deflation drops to 0.2 pct in Dec, at 1.7 pct for 2015
The drop in the Greek Consumer Price Index (CPI) decelerated further to 0.2 percent in December from 0.7 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Greek labour market recorded in 2015 second highest net hirings since 2001
Net hirings stood at 7,826 in December, which is the second positive reading for this month since 2001, the Labour Ministry’s information system (Ergani) showed on Tuesday.
Car sales grow by 7 pct in Dec and by 13.5 pct overall in 2015
The number of road motor vehicles going into circulation for the first time continued heading north in December, rising by 7 percent compared to the 15.2 percent growth posted in November, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Time deposit rate eases by another 5 bps in Nov, average loan rate drops 16 bps
Greek households’ new time deposit rate eased by 5 another basis points (bps) to just above the 1-percent mark in November, Bank of Greece (BoG) figures showed on Friday.
Industrial production rises by 1.8 pct in November
Greece’s Industrial Production Index (IPI) resumed an upward trend in November, when it rose by 1.8 percent following a drop of 1.9 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
General government primary cash surplus widens notably to 5.14 bln at end of Nov
Greece’s general government (gg) primary cash surplus widened further in November, increasing by almost 40 percent to 5.14 billion euros in the 11-month period of 2015 from 3.68 billion during the same period a year earlier, the Finance Ministry (MoF) gg bulletin showed on Thursday.
Unemployment edges down to 24.5 pct in Oct, lowest since May 2012
Greece’s seasonally adjusted unemployment rate continued its slight downward trend easing to 24.5 percent in October from 24.6 percent in September, the Hellenic Statistics Authority (ELSTAT) latest figure displayed on Thursday.
Economic sentiment and consumer confidence improve in Dec
After remaining stable in November, Greece’s economic sentiment (ESI) edged up by 0.6 points to 87.1 in December, European Commission (EC) figures revealed on Thursday.
Trade deficit slips by 1.8 pct in Nov on higher drop in exports
Greece’s trade deficit fell by 1.8 percent in November after a short-lived rise of 17.3 percent in October, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.