Inflation slows to 11.6 pct in July as housing and transport costs rise sharply
Trade deficit soars by 71.6 pct in H1, reaching 17.59 bln
Impact of uncertainty on economy starting to emerge in hard data
Manufacturing slips into contraction for first time since early 2021 as PMI drops by 2 pts in July
Producer prices climb by 39.9 pct in June, but record first back-to-back monthly drops since 2020
Monthly and volume retail sales data shrink in May, reflecting cost-of-living crisis
Deposits jump by 1.62 bln in June, led by savings
The private sector’s net deposit movement in Greece’s banks accelerated in June, increasing by 1.62 billion euros, from 359 million euros in May, Bank of Greece (BoG) figures released on Tuesday showed.
The outstanding balance of private sector deposits increased to 169.85 billion euros. Household deposits account for savings of 73.67 billion euros, followed by time deposits of 32.57 billion euros and sight deposits of 24.37 billion euros.
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