Macroeconomy
Building activity rebounds 16.6 pct in Aug, largely due to low base effect
Greek building permits rose for the second straight month in August, albeit at a decelerating pace of 16.6 percent, after a stronger increase of 35.4 percent in July, Hellenic Statistical Authority (ELSTAT) data displayed on Monday.
Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
The Greek seasonally adjusted (SA) GDP at constant prices rose by 0.5 percent quarter on quarter (QoQ) in the third quarter (Q3) of 2016, the Hellenic Statistical Authority (ELSTAT) flash estimates showed on Monday.
Record job departures in Oct but highest 10-month net hirings since 2001
The employment balance turned negative again in October with net departures notably increasing to 82,810 from 56,473 a year ago, data from the Labour Ministry’s Ergani information system displayed on Thursday.
In 16th successive fall, Eurosystem funding drops by 3.5 bln in Oct
Greek banks’ Eurosystem funding dropped by another 3.53 billion euros in October after a decrease by 3.15 billion in September, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday.
CPI drops at a slower pace of 0.5 pct in October
Τhe Greek Consumer Price Index (CPI) fell at a decelerating pace of 0.5 percent in October after a drop of 1 percent in September, according to data published by the Hellenic Statistical Authority (ELSTAT) on Thursday.
Unemployment rate edges up to 23.4 pct in August
Greece’s seasonally adjusted (SA) unemployment rate increased to 23.4 percent in August from an upward revised 23.3 percent in July, the Hellenic Statistical Authority (ELSTAT) labour force survey displayed on Thursday.
Industrial production edges up 0.1 pct in September
Greece’s Industrial Production Index (IPI) edged up 0.1 percent in September, after an upward revised identical growth rate in August, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
The Greek Fiscal Council published on Tuesday its first semi-annually report on fiscal and macroeconomic developments, presenting its views on the 2017 draft budget and whether targets will be met this year and next.
Car sales jump by 20 pct in October
The number of road motor vehicles going into circulation for the first time grew at an accelerating pace of 20 percent in October, from 9.6 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Trade deficit falls 12.1 pct in Sept following export growth for first time since Apr 2015
Greece’s trade deficit narrowed by 12.1 percent in September after rising by 11.6 percent in August, Hellenic Statistical Authority (ELSTAT) data displayed on Monday.