Macroeconomy
Car sales drop 2.5 pct in May for second successive month
Road motor vehicles (going into circulation for the first time) continued heading south for the second straight month in May but at a slower pace of 2.7 percent after a drop of 7.5 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Wages index improves 1 pct in Q1 but falls QoQ for second straight quarter
The seasonally adjusted (SA) Wages Index rebounded for the sixth successive quarter by 1 percent year on year (YoY) in the first quarter (Q1) of 2017 after edging up by 0.2 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures revealed on Friday.
Industrial production edges up 1 pct in April after double-digit growth in previous two months
Greece’s Industrial Production Index (IPI) edged up by 1 percent in April after upward revised growth of 10.1 percent in March, Hellenic Statistical Authority (ELSTAT) data revealed on Friday.
CPI growth slows to 1.2 pct in May
Τhe Greek Consumer Price Index (CPI) grew by 1.2 percent in May decelerating from the 1.6 percent growth recorded in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Trade deficit falls 14.3 pct in April as exports grow and imports drop
Greece’s trade deficit fell by 14.3 percent in April after strong growth of 36.2 percent in the previous month, ELSTAT data showed on Thursday.
Unemployment rate falls to new five-year low of 22.5 pct in March
Greece’s seasonally adjusted unemployment declined to 22.5 percent in March from a downwardly revised rate of 22.9 percent in February, ELSTAT's labour force survey revealed on Thursday.
Turnover in tourism sector up 1 pct in Q1 for third straight quarterly rise
The Turnover Index in Accommodation and Food Services increased for the third straight quarter by 1 percent in Q1 2017, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
BoG reveals number of indebted borrowers, details business NPEs
Following the most recent data on the qualitative characteristics of the non-performing exposures, BoG deputy governor Theodoros Mitrakos revealed important aspects of NPEs.
Net job hirings reach new high of 89,534 in May, 5-month figure a record
The employment balance stayed positive in May 2017 with net hirings climbing by around 13,000 to 89,534 from 76,591 a year ago, data from the Labour Ministry’s Ergani information system revealed on Wednesday.
OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief
In its latest Economic Outlook report the OECD notes that the Greek economy is starting to recover and its fiscal target has been surpassed, but that the structural reform process has been uneven.