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Trade deficit rises sharply in June as exports continue to fall
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PMI falls to 51.7 in July, level of optimism drops to lowest in a year
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Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
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Producer prices on six-month run of rises after 1.6 pct YoY increase in Jun
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Economic sentiment improves in July, consumer confidence continues to slide
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Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
Time deposit rate slips 12 bps in Oct, average loan rate rises by 29 bps
After remaining almost flat in September, Greek households’ new time deposit rate fell by 12 basis points (bps) to 1.06 percent in October, Bank of Greece (BoG) data showed on Wednesday.
The October rate corresponds to a new low in the period since Greek joined the euro. The cumulative drop by 75 bps after the imposition of capital controls reflects the elimination of competition in the domestic market, since the core Greek banks that c...
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