Macroeconomy
PMI falls 1.6 pts to 48.4 in February
Greece’s Manufacturing PMI dropped by 1.6 points to 48.4 in February from 50 in January, according to the Markit survey published on Tuesday.
Surprise 0.1 pct QoQ rise in Q4 GDP on investment rebound, 2015 recession at 0.3 pct
Greece’s seasonally adjusted (SA) GDP at constant prices surprised in the fourth quarter (Q4) of 2015 as it edged up by 0.1 percent quarter on quarter (QoQ) compared to a flash estimate of 0.6 percent contraction announced on February 12, Hellenic Statistical Authority (ELSTAT) provisional data showed on Monday.
Retail sales slip 0.1 pct in Dec, drop of 2.8 pct in 2015
The turnover of Greece’s retail trade index eased 0.1 percent in December after a revised drop of 5.4 percent in November, Hellenic Statistical Agency (ELSTAT) data showed on Monday.
Economic sentiment and consumer confidence deteriorate in February
After rising in the preceding two months, Greece’s economic sentiment (ESI) fell by 2.6 points to 89 in February from 91.6 in January, according to European Commission (EC) figures released on Friday.
Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues
Confirming preliminary data, Greece’s budget primary surplus improved to 1.19 billion in January from 443 million last year, the Finance Ministry (MoF) final budget bulletin showed on Friday.
Negative deposit flow of 1.12 bln in Jan
After a short-lived positive flow of 2.65 billion in December, the Greek banking system recorded outflows of 1.12 billion in January, Bank of Greece (BoG) data displayed on Thursday.
BoG outlines steps to economic recovery, updates on banks' asset quality
In its annual report released on Thursday, the Bank of Greece (BoG) estimated that the recession will bottom out and expects a slight recovery during the second half of the year subject to political stability and elimination of uncertainty.
Credit contraction edges up to 2.1 pct in Jan on deductions of 512 million
Greek bank credit contraction slightly accelerated to 2.1 percent in January from 2 percent in December, Bank of Greece (BoG) figures displayed on Thursday.
Travel receipts grow 12.2 pct in Dec, surplus rises to 12.17 bln in 2015
Greece's travel receipts rose at a double-digit rate for the second straight month in December, when they increased by 12.2 percent from 16 percent in November, Bank of Greece (BoG) data showed on Monday.
Fall in industrial turnover slows to 1.8 pct in December
The drop in Greece’s Turnover Index in Industry markedly slowed to 1.8 percent in December from a revised 10.2 percent drop in November, Hellenic Statistical Authority (ELSTAT) figures displayed on Friday.