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PMI drops to 52 pts in Sep as manufacturing sector continues to grow
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Producer prices contract 1.7 pct YoY in Aug due to energy drop
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Retail sales up by 4 pct YoY in July as inflation drives volume rise of 2.1 pct
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Economic sentiment drops sharply in Sep, consumer confidence at highest since June
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Despite rise of 6.1 pct YoY in June, building permits down 13.8 pct in H1
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Credit growth stable at 10.6 pct YoY in Aug
Minor fluctuations in deposit and loan interest rates in December
Greek households’ new time deposit rate edged down by 1 basis point (bp) to 0.70 percent in December after a higher drop by 5 bps in November, Bank of Greece (BoG) data displayed on Thursday.
The December rate indicates a new record low since 2002, when Greece entered into the eurozone. In the course of 2016, the time deposit rate fell by 32 bps and currently stands 25 bps above the euro area average rate of 0.45 percent.
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