Macroeconomy
Building permits pick up pace in Oct with 8.7 pct growth
Building permits picked up pace in October, rising by 8.7 percent year-on-year (YoY), after a rise of 6.2 percent in September, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday.
Primary surplus lands at 3.92 bln in 2023 thanks to significant underspend and RRF funds
The budget primary balance in December was confirmed at a surplus of 3.92 billion euros, compared to a deficit of 6.65 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Thursday.
IMF approves Article IV consultation, growth seen resilient
The International Monetary Fund (IMF) board approved on Wednesday the Article IV consultation for Greece by endorsing the staff appraisal published mid-November following a mission.
Close to 32 mln visitors by Nov as 11-month travel receipts set record
Greece’s travel balance recorded a surplus of 206.2 million euros in November, from 1.5 billion euros in October, according to Bank of Greece (BoG) data released on Monday.
Industrial turnover completes eighth month of contraction in Nov, falls 2.7 pct YoY
Greece’s industrial turnover remained in contraction in November, dropping by 2.7 percent year-on-year (YoY) from a 2 percent decrease in October, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
Nov current account deficit widens to 3.3 bln, 11M falls below 12 bln
Greece’s current account recorded a deficit of 3.3 billion euros in November, from a deficit of 1.45 billion euros in October, Bank of Greece (BoG) data showed on Friday.
Despite months of input cost declines, rise in agriculture prices doubles to 3.8 pct in Nov
The output price index in agriculture picked up pace in November with a rise of 3.8 percent year-on-year (YoY), doubling from the 1.9 percent in the previous month, ELSTAT data showed on Monday.
Timing factors, underspend lead to budget outperformance of 4.54 bln in 2023
The budget primary balance came to a surplus of 3.69 billion euros for the full year in December, compared to a deficit of 6.65 billion euros in 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
Import prices continue to contract in Nov, but at lower pace of 8.6 pct
Greece’s import price index continued to contract in November, though at a slower pace than the previous month, as it fell by 8.6 percent year-on-year (YoY), after dropping by 13.4 percent in October, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
Car sales jump by 30.1 pct in Dec, marking 16.1 pct rise in 2023
Road motor vehicles going into circulation for the first time recorded another solid growth rate in December, growing by 24.8 percent year-on-year (YoY), after a 24.3 percent rise in November, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.