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Government’s growth ambitions meet RRF reality
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Disposable income rises in Q2, saving rate stays negative at -3 pct
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Wages index growth slows to 7.4 pct YoY in Q3
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Import prices contract again in Oct with 2.4 pct drop
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Subdued passenger car sales lead to overall drop of 1.6 pct in Nov
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Electricity propels 6.4 pct YoY jump in Oct industrial production
General government primary cash surplus widens notably to 5.14 bln at end of Nov
Greece’s general government (gg) primary cash surplus widened further in November, increasing by almost 40 percent to 5.14 billion euros in the 11-month period of 2015 from 3.68 billion during the same period a year earlier, the Finance Ministry (MoF) gg bulletin showed on Thursday.
As already evident in the previous months, the fiscal improvement primarily reflects a notable increase in the state budget primary surplus, which almost doubled to 3.6 billion this year.
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