Macroeconomy
Building activity down again in September but at slower rate of -11.2 pct
Τhe number of building permits issued in Greece continued to drop in September, albeit at the slower pace of -11.2 percent compared to -19.9 percent in August, according to the Hellenic Statistical Authority (ELSTAT).
Greek unemployment falls for seventh straight month, down to 25.7 pct
The seasonally adjusted (SA) unemployment rate declined for the seventh straight month in September, when it fell to 25.7 in September from an upward revised 26 percent in August, according to the Hellenic Statistical Agency (ELSTAT).
Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
Greece’s total tax revenues as a percentage of GDP remained virtually unchanged at 33.5 percent in 2013 from 33.7 percent in 2012, according to the latest OECD Revenue Statistics report.
Greek banks' Eurosystem funding rises again in November, up by 1 bln
Greek banks’ Eurosystem funding increased for the second straight month in November, when it rose by 1 billion euros, according to the Bank of Greece's (BoG) monthly financial statement on Wednesday.
Greek industrial production drops for eighth straight month but at slower rate
The Greek Industrial Production Index (IPI) continued heading south for the eighth straight month in October, when it fell at a slower pace of 0.7 percent after a downward revised 4.9 percent drop in September, according to the Hellenic Statistical Authority (ELSTAT).
Rise in Greek car sales slows to 7.5 pct in November
Τhe rate of increase in the number of road motor vehicles going into circulation for the first time slowed to 7.5 percent in November from 33.7 percent in October, according to the Hellenic Statistical Authority (ELSTAT).
Greek deflation eases slightly to 1.2 pct in November
The drop in Greek consumer prices slowed to 1.2 percent in November from 1.7 percent in October, according to the Hellenic Statistical Authority (ELSTAT). However, the headline figure is the second highest deflationary reading since May.
Accommodation and food services index up 7.6 pct in Q3
The Turnover Index in Accommodation and Food Services grew by 7.6 percent in the third quarter (Q3) of 2014, following a rise of 6.7 percent in Q2, according to the Hellenic Statistical Authority (ELSTAT).
General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing
The Greek general government (gg) primary cash surplus climbed to 3.46 billion euros in the 10-month period of 2014, 2.4 times higher than the 1.43 billion posted last year, according the gg bulletin published by the Ministry of Finance (MoF) on Thursday.
Greek loan rates remained well above euro area average in October
The interest rate on households’ new time deposits was further reduced by 14 basis points (bps) to 1.94 percent in October, according to the Bank of Greece (BoG). This was the first reading below the 2-percent mark since Greece’s accession in the eurozone in 2002.