Macroeconomy
Car sales rise by 3.7 pct in Jan
The number of road motor vehicles going into circulation for the first time increased for the third straight month in January, albeit at the slower pace of 3.7 percent in January from 7 percent in December, Hellenic Statistical Authority (ELSTAT) data displayed on Monday.
Drop in trade deficit accelerates to 14.3 pct in Dec on faster fall in imports
Greece’s trade deficit declined at an accelerating pace of 14.3 percent in December from 1.8 percent in November, Hellenic Statistical Authority (ELSTAT) data displayed on Friday.
Time deposit rate almost stable in December, average loan rate rises 17 bps
Greek households’ new time deposit rate rose by 1 basis point to 1.02 percent in December, Bank of Greece (BoG) figures showed on Thursday.
High unemployment, falling wages damaged sustainability of largest Greek pension fund
Employees insured with IKA, the largest main social security fund in Greece, lost more than 10 billion euros in annual wages over the last 5 years, according to the Federation of IKA employees (POSE-IKA).
PMI at 50 points in Dec as manufacturing shows signs of stabilisation
Greece’s Manufacturing PMI slightly fell to 50 points in January from 50.2 in December, Markit survey showed on Monday.
Credit contraction slows to 2 pct in Dec on net loan additions of 210 mln
Greek bank credit contraction slowed to 2 percent in December from 2.2 percent in November, Bank of Greece (BoG) data showed on Friday.
Deposit inflows of 2.65 bln in Dec, highest positive flow since Feb 2013
The Greek banking system displayed deposit inflows of 2.65 billion euros in December following outflows of 390 million in November, Bank of Greece (BoG) figures showed on Friday.
Retail sales drop at a faster pace of 5.5 pct in Nov
The turnover of Greece’s retail trade index fell for the sixth straight month In November at an accelerating pace of 5.5 percent from a revised 3.6 percent drop in October, Hellenic Statistical Agency (ELSTAT) data displayed on Friday.
Economic sentiment improves 4 pts in Jan but consumer confidence worsens 2.8 pts
Greece’s economic sentiment (ESI) improved by another four points in January when it rose to 91.6, European Commission (EC) figures showed on Thursday.
Parliament's budget office stresses need for reform, protecting growth prospects
The need for adjustment to return to growth and the importance of implementing are among the key highlights of the quarterly report of the Parliamentary Budget Office (PBO).