Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
Unemployment rate remains lodged near 11 pct after no change in Aug
Weak demand and adverse weather reflected in Sep PMI, barely in expansion territory
Monthly rise of 3 pct for producer price index in Aug prompts cost concerns
Retail sales grow by 3.1 pct in Jul, as food sales continue to contract
Consumer confidence takes 10-point dive in September
Current account surplus reaches 1.68 bln in July thanks to services
Greece's current account (C/A) balance posted a surplus for the second straight month in July, reaching 1.68 billion euros, which was 40.3 percent down year on year (YoY), according to the Bank of Greece (BoG).
However, last year’s figure included 1.5 billion euros from the first disbursement under the Securities Markets Programme (SMP). Excluding this exceptional item, the underlying figure shows an increase of 27.4 percent YoY.
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