Macroeconomy
Trade deficit soars in Jan on ship imports from non-EU countries
Greece’s trade deficit surged by 91.7 percent in January, following a rise of 4.8 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Friday.
Industrial production increases by 7.2 pct in January
The Greek Industrial Production Index (IPI) rose at an accelerating pace of 7.2 percent in January after an upward revised increase of 2.5 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Greece remains in inflation for second straight month after CPI rises 1.3 pct in Feb
Τhe Greek Consumer Price Index (CPI) increased at a slightly higher pace by 1.3 percent in February after rising by 1.2 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Revenues beat target by 3.9 pct in Feb, remain above target for year
Greece’s budget revenues beat their target for the second straight month this year, according to preliminary figures for February published by the Independent Authority of Public Revenue (IAPR) on Friday.
Job hirings at record high of 24,938 in Feb, negative employment balance for year-to-date
The employment balance remained positive in February 2017 with net hirings soaring to 24,938 from 14,437 last year, data from the Labour Ministry’s Ergani information system revealed on Thursday.
Turnover in tourism sector sees second successive rise in Q4 with 4.3 pct increase
The Turnover Index in Accommodation and Food Services increased at an accelerating pace of 4.3 percent in the fourth quarter (Q4) of 2016, after an upward revised growth rate of 2.9 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Unemployment rate stable for third month at 23.1 pct in Dec
Greece’s seasonally adjusted (SA) unemployment remained stable at 23.1 percent in December, following revisions of the previous two months’ data, Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday.
Car sales hit the accelerator in Feb, increasing by 43.1 pct
Road motor vehicles going into circulation for the first time increased by 43.1 percent in February after growing by 22.8 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
General govt primary cash surplus improves to 1.4 bln in Jan, arrears rise to 4.8 bln
Greece’s general government (gg) primary cash surplus rose by 120 million euros to 1.42 billion in January from 1.3 billion a year ago, the Finance Ministry (MoF) gg bulletin showed on Tuesday evening.
Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
Greece’s seasonally adjusted (SA) GDP dropped by 1.2 percent quarter on quarter (QoQ) in the fourth quarter (Q4) of 2016, after downward revised growth of 0.6 percent in the previous quarter, the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Monday.