Macroeconomy
Net private sector hirings of 29,351 in March, highest in last 15 years
The employment balance showed net hirings of 29,351 in March 2016, up by 7,038 from last year, the Labour Ministry’s information system (Ergani) data displayed on Monday.
Car sales rebound 3.4 pct in March
The number of road motor vehicles (going into circulation for the first time) resumed an upward trend rising by 3.4 percent in March, after a short-lived fall by 17 percent in February, Hellenic Statistical Authority (ELSTAT) figures displayed on Friday.
Industrial production drops by 3 pct in February
Greece’s Industrial Production Index (IPI) fell by 3 percent in February after rising in the preceding three months, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Notable drop of 1.5 pct in March CPI
Τhe Greek Consumer Price Index (CPI) decreased at a markedly accelerating pace of 1.5 percent in March from 0.5 percent in February, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
General government primary cash surplus triples to 3 bln by February, arrears climb to 6.1 bln
Greece’s general government (gg) primary cash surplus tripled to 3 billion in the first two months of 2016 from 1 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Friday.
Unemployment rate resumes upward trend to 24.4 pct in Jan
Greece’s seasonally adjusted (SA) unemployment rate edged up to 24.4 percent in January from 24.3 percent in December, Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday.
Trade deficit rises 14.3 pct in Feb as exports fall for 10th month
Greece’s trade deficit increased by 14.3 percent in February after declining in the three previous months, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Greece seeks to finalise 1 pct of GDP in new tax measures to close review
The Greek government appears to have prepared proposals for a range of tax measures to discuss with the mission chiefs in Athens as efforts to close the programme review intensify.
Greek tourism's long-term growth prospects are good, report shows
The direct contribution of travel and tourism to Greek GDP reached 13.3 billion euros (7.6 percent) in 2015 and is estimated to fall by 0.5 percent to 13.2 billion in 2016, according to the annual economic report of the World Travel and Tourism Council (WTTC).
Greek corporate lending rates up to 250 bps higher than eurozone average
Greek households’ new time deposit rate fell by 10 basis points (bps) to 0.91 percent in February after remaining broadly stable in the preceding two months, Bank of Greece (BoG) figures showed on Monday.