Macroeconomy
Cash primary surplus improves by 32.4 pct to 3.07 bln on revenue boost in August
Greece’s central government primary cash surplus grew by 32.4 percent to 3.07 billion euros in the 8-month period of 2015 from 2.32 billion in the corresponding period last year, Bank of Greece (BoG) figures displayed on Monday.
Current account surplus jumps to 4.25 bln in July on SMP returns and nosedive in imports
Greece's current account (C/A) balance had a surplus of 4.25 billion euros in July, which is 3.3 times higher compared to the 1.27 billion posted last year, according to Bank of Greece (BoG) data published on Monday.
Industrial turnover records its sharpest drop in six years, down 15.4 pct in July
The Greek Turnover Index in Industry dropped by 15.4 percent in July from a revised 12.9 percent decline in June, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
![en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/10/10/unemployment_1000_myrto_1010-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
Unemployment rate eases to 24.6 pct in Q2 as number of employed jumps
After increasing in the preceding two quarters, the non-seasonally-adjusted unemployment rate fell by two percentage points (pp) to 24.6 percent in the second quarter (Q2) of 2015 from 26.6 percent in Q1, the Hellenic Statistical Authority (ELSTAT) data displayed on Thursday.
Budget revenues rebound in August but shortfall remains at 4.2 bln
Greece’s budget primary surplus almost doubled to 3.8 billion euros in the 8-month period of 2015 from 1.95 billion euros last year, the Finance Ministry (MoF) preliminary budget figures showed on Wednesday.
Services sector turnover deteriorates in Q2
After an improvement in the preceding two quarters, the evolution of the turnover indices for the services sector recorded a deterioration in the second quarter (Q2) of 2015, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday.
ELA funding down by 1.23 bln in August for second successive fall
Greek banks’ Eurosystem funding eased for the second successive month in August, when it fell by 1.23 billion euros after a drop by 1.29 billion in July, Bank of Greece's (BoG) monthly financial statement showed on Monday.
Building permits shoot up by 14.7 pct in June
Greek building permits rose for the fifth straight month in June, when there was an increase of 14.7 percent compared to the modest growth of 1.9 percent recorded in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Unemployment rate edged up to 25.2 pct in June
Greece’s seasonally adjusted (SA) unemployment rate edged up to 25.2 percent in June from 25 percent in May, the Hellenic Statistical Agency (ELSTAT) said on Thursday. The June headline figure indicates the second lowest reading in the course of 2015.
Greek deflation decelerates to 1.5 pct due to VAT rate hikes
The Greek Consumer Price Index (CPI) fell by 1.5 percent in August from 2.2 percent in the preceding two months, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday.