Macroeconomy
Retail sales fall by 4.3 pct in March for tenth straight decline
The turnover of Greece’s retail trade index dropped at a slower pace of 4.3 percent in March from an upward revised 7.6 percent in February, Hellenic Statistical Agency (ELSTAT) figures showed on Thursday.
Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
The Greek seasonally adjusted (SA) GDP at constant prices contracted 0.5 percent quarter on quarter (QoQ) in the first quarter (Q1) of 2016 after a short-lived marginal increase by 0.1 percent in Q4 2015, the Hellenic Statistical Authority (ELSTAT) provisional estimates showed on Monday.
Office prices ease 0.2 pct in 2015, retail prices drop by 3.5 pct
Office prices in Greece grew by 0.2 percent in the second half (H2) of 2015, Bank of Greece (BoG) data displayed on Monday.
Economic sentiment slips to 89.7 in May, consumer confidence rebounds to -71.9
Greece’s economic sentiment (ESI) fell by 0.6 points in May after increasing in the preceding two months, European Commission (EC) data showed on Monday.
Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
Greece’s budget primary surplus rose by more than 29 percent to 2.72 billion euros in the 4-month period of 2016 from 2.1 billion in the corresponding period last year, the Finance Ministry (MoF) final budget execution bulletin showed on Friday.
Travel receipts rebound 8.2 pct in March, but surplus drops 3.6 pct
Greece's travel receipts rebounded 8.2 percent to 220.6 million euros in March after dropping in the preceding two months, Bank of Greece (BoG) figures showed on Monday.
Multi-bill details how Greece aims to raise 1.6 bln from indirect taxes
The multi-bill tabled in Parliament on Wednesday evening included a set of parametric fiscal measures yielding around 1 percent of GDP that completes the 3 percent of GDP in fiscal interventions that Greece has to make by 2018 as part of the first programme review.
Primary cash surplus improves to 2.93 bln at end of April
Greece’s central government primary cash balance significantly widened to 2.93 billion eurso in the 4-month period of 2016, from 1.05 billion in the corresponding period last year, according to Bank of Greece (BoG) figures
Industrial turnover drops 12.7 pct in March, energy plummets 27 pct
Greece’s Turnover Index in Industry fell at a slightly slower pace of 12.7 percent in March from a revised 14.9 percent in February, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Current account deficit more than halves to 708 mln in March
Greece's current account (C/A) deficit more than halved to 708.1 million euros in March from 1.48 billion last year, Bank of Greece (BoG) figures showed on Friday.