Macroeconomy
General government primary cash surplus substantially widens to 5.3 bln by September, arrears edge down to 6.2 bln
Greece’s general government (gg) primary cash surplus notably widened by 2.89 billion to 5.33 billion in the 9-month period of 2016 from 2.44 billion a year ago, the Finance Ministry (MoF) gg bulletin displayed on Wednesday.
Office prices edge up 0.2 pct in H1, retail prices drop 0.8 pct
The office prices in Greece edged up 0.2 percent in the first half (H1) of 2016 after a marginal rise of 0.1 percent in H2 2015, Bank of Greece (BoG) data showed on Tuesday.
PMI falls again in October amid ongoing drop in output and new orders
Greece’s Manufacturing PMI edged down for the second straight month in October, when it fell by 0.6 points, after a drop of 1.2 points in September, Markit’s survey showed on Tuesday.
Parliament's budget office sees obstacles to recovery, warns on private debt
In its quarterly report published on Monday, the Parliamentary Budget Office (PBO) notes that the macroeconomic developments in Greece in the third quarter (Q3) sent mixed signals.
Retail sales fall by 3.1 pct in Aug after fleeting rebound in July
The turnover of Greece’s retail trade index fell by 3.1 percent in August, after a rise of 7.1 percent in July attributed to a low base effect, Hellenic Statistical Agency (ELSTAT) figures showed on Monday.
New overdue taxes jump by 1.35 bln in Sept, driving total stock to 92.8 bln
Greece’s new tax debt rose by 1.35 billion euros in September after increasing by 1.37 billion in August, according to data published by the General Secretariat of Public Revenues (GSPR).
Economic sentiment and consumer confidence markedly improve in October
The economic sentiment (ESI) in Greece improved by 2.4 points in October, after falling by 1.1 points in September, the European Commission (EC) figures showed on Friday.
Bank credit contracts by 1.7 pct in September on loan deductions of 355 million
The rate of credit contraction in the Greek market remained stable at 1.7 percent in September, Bank of Greece (BoG) figures showed on Thursday.
Deposits edge down to 123.5 bln in September on outflows of 379 mln
The Greek market recorded deposit outflows of 379 million euros in September, following inflows of 1.33 billion in August, Bank of Greece (BoG) figures displayed on Thursday.
Disposable income falls for second straight quarter, by 0.7 pct in Q2
Greek household disposable income dropped for the second straight quarter, albeit at a slower pace of 0.7 percent, in the second quarter (Q2) of 2016, compared to a decrease of 1.6 percent in Q1, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.