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  1. Greek time deposit rate down to 1.88 pct in November, lowest since euro entry

    EconomyMacroeconomy

    percent in November, according to the Bank of Greece (BoG). This is the lowest reading since Greece... in November extending the year to date drop above the 60 bps mark. The most important change... euros, where the rate considerably fell by 44 bps to 5.19 percent. November's movement followed

    18%
  2. Unemployment down slightly to 24.6 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted unemployment rate eased to 24.6 percent in November from an upward... on Thursday. The November headline figure, along with that of August, represents the lowest jobless... month to 24.3 percent in November. Since March, when the number of employed fell below

    18%
  3. Car sales keep their rising trend, up 18.4 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    by 18.4 percent in November, after an increase of 20 percent in October, Hellenic Statistical Authority (ELSTAT) data displayed on Thursday. The November growth rate indicates the fifth straight... and stood at 10,528 in November. Passenger cars also grew at a decelerating pace of 16.3 percent

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  4. Industrial turnover increases by 12.9 pct in November
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s industrial turnover grew by 12.9 percent in November after October’s figure was upwardly... behind November’s performance was an increase in mining and quarrying by 13.6 percent, as well as a 12.9... that three out of the five main industrial groupings showed declines in November. Energy rose

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  5. November current account deficit at 954 mln, goods balance improves
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) balance recorded a deficit of 954 million euros in November... and by 7.2 percent at constant prices. The services balance increased by 3.1 percent for November... of the oil balance, which grew by 39.1 percent in the year to November to stand at 3.39 billion

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  6. ESI up to 101.8 in November, consumer confidence rises for sixth straight month, jumping by 2.5 pts
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) rose by 0.8 points to 101.8 in November from 101 in October... a score of 96.8 was noted for November. Compared to November 2017, the ESI has risen by 3.2 points... points. November’s reading for consumer confidence is the highest since March 2015 when the figure

    18%
  7. PMI picks up to 54 in November while production rises to eight-month high

    EconomyMacroeconomy

    Greece’s manufacturing PMI picked up to 54 points in November from 53.1 in October, staying over... activity registered an increase in November, while input price inflation stayed high during the month also... a slight rise in November after having fallen in October. Overall, business confidence continued

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  8. Budget primary surplus at 7.61 bln in November as expenditure curtailed
    Photo by MacroPolis

    EconomyMacroeconomy

    of 2018, according to the preliminary budget execution bulletin for November published by the Finance... to 233 million in November, and were below target by 1 million. For the same period last year... of November compared to 3.14 billion in October, a decline of 16.8 percent YoY. The aggregate figure

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  9. Hirings balance negative by 33,249 in November as seasonality impact begins to tail off
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    The employment balance remained negative in November for a second consecutive month with 33,249.... However, compared to November 2017, there were an additional 5,972 hirings than departures. Total... percent for shift work. In November, the share of hirings was split by 57.4 percent for men and 42.5

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  10. Economic sentiment at 107 in November, consumer confidence continues to strengthen
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) edged up by 0.3 points in November to reach 107 points, European Commission (EC) figures showed on Thursday. As of November’s reading, the index has remained above 100 points for nine consecutive months. Compared to November 2018, the ESI has increased by 6 points

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