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Car market still buoyant as sales rise by 2.8 pct YoY in July
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Mining drives growth of 0.5 pct YoY in industrial production for June
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CPI accelerates to 3.1 pct YoY in July, rents up 11.3 pct
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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
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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