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Budget primary shows deficit of 7.01 bln as revenues suffer in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for September showed on Thursday. The primary surplus was below its
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Building permits increase by 12.4 pct in November
EconomyMacroeconomyBuilding permits rose by 12.4 percent year-on-year (YoY) in November compared to a rise of 12.6... percent to 15,325, meaning that in the first 11 years of the year, 2019 has already beaten the full... indicator dropped by 7.9 points to -32.1 points from -24.2 in November. Compared to the same month
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Greece hopes beaches won't be empty again this summer, but vaccination numbers say otherwise
Agorathe country is due to receive a total 1.1 million doses of the Pfizer vaccine, 450,000 of AstraZeneca...% in November 2020. At the same time those categorically opposed to being vaccinated have declined... and warmer weather will bring infections down to manageable levels and make it safe to welcome visitors
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Industrial production up by 1.1 pct in Dec and 1 pct overall in 2018
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) grew year-on-year (YoY) by 1.1 percent in December from an upward revised figure of 4.2 percent in November, Hellenic Statistical Authority (ELSTAT) data... (MoM), the index showed a drop of 1.6 percent after upward revised growth of 3.6 percent in November
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November sees highest MoM drop in employment as headline figure remains at 25.8 pct
EconomyThe seasonally adjusted (SA) unemployment remained at 25.8 percent in November 2014, unchanged from... figure for November remains the lowest reading since August 2012. In contrast, the non-seasonally... in November from 25.3 percent in October. The stable movement in November’s SA unemployment rate
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Decline in Greek CPI slows to 1.1 pct in June after sharper fall in May
EconomyMacroeconomyThe Consumer Price Index (CPI) fell 1.1 percent in June, decelerating from the 2 percent drop... a temporary dive in May, June CPI returned to more normalised levels similar to the 1.1 – 1.5 percent.... The year on year decline of 1.1 percent in the June CPI mainly reflects a drop of 3.9 percent
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CPI up by 1.1 pct in Sept for highest rise since Nov 2017
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 1.1 percent in September after an increase of 1 percent... being the first negative reading since November 2016. September’s reading marks six straight months..., the last time that the CPI went above 1 percent was in November 2017. The average CPI for the latest
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Credit contraction at 1.1 pct in Dec, loans to enterprises increase by 1.09 bln MoM
EconomyMacroeconomyCredit contraction in the Greek market came to 1.1 percent in December compared to a contraction of 1.4 percent seen in November, Bank of Greece (BoG) figures showed on Monday. As a result... a negative balance of 140 million in November. The household lending sector’s negative balance eased
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Credit growth edges up to 1.1 pct in Nov
EconomyMacroeconomyCredit movement in the Greek private sector increased by 1.1 percent year-on-year (YoY) in November... euros in October. The corporate lending balance’s net monthly flow was positive in November by 538... euros. Housing loans had a negative flow of 118 million euros in November, from 102 million euros
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Economic sentiment stable, consumer confidence down 4.5 pts in November
EconomyMacroeconomyGreece’s economic sentiment (ESI) remained flat from previous month at 86.5 in November, European... points to -64.1 in November. As a result, the year to date balance remains negative indicating... of the other four business indicators recorded an improvement in November. In specific: The industry
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