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Drop in CPI accelerates to 0.7 pct in Jan
EconomyMacroeconomyFollowing a deceleration in the preceding three months, the fall in the Greek Consumer Price Index (CPI) accelerated to 0.7 percent in January from 0.2 percent in December, according to Hellenic Statistical Authority (ELSTAT) data that was published on ...
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Primary cash surplus of 386 mln in Jan from deficit last year
EconomyMacroeconomyGreece’s central government primary cash balance displayed a surplus of 386 million euros in January from deficit of 149 million last year, Bank of Greece (BoG) figures showed on Wednesday. A similar pattern was also evident in the net balance of the ce...
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Credit contraction edges up to 2.1 pct in Jan on deductions of 512 million
EconomyMacroeconomyGreek bank credit contraction slightly accelerated to 2.1 percent in January from 2 percent in December, Bank of Greece (BoG) figures displayed on Thursday. The net lending flow turned negative again with deductions of 512 million euros in January, afte...
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Eurosystem funding down by 1.4 bln in Jan due to lower reliance on ECB funding
EconomyMacroeconomyGreek banks’ Eurosystem funding fell for the seventh successive month, albeit at a slower pace, in January, when it declined by 1.42 billion following a drop of 5.89 billion in December, the Bank of Greece's (BoG) monthly financial statement displayed o...
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Unemployment rate resumes upward trend to 24.4 pct in Jan
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged up to 24.4 percent in January from 24.3 percent in December, Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday. The January headline figure represents the second lowe...
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Travel Receipts by Country of Origin (Jan-Dec 2014-2016)
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Economic sentiment stays stable at 95.1 in Jan, consumer confidence dives 3.4 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) remained at 95.1 in January, unchanged from the previous month, the European Commission (EC) figures revealed on Monday. This means that the headline figure stayed at its highest level since March 2015, when ESI stood a...
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Greece in inflation for first time since Feb 2013 as CPI rises 1.2 pct in Jan
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) rose 1.2 percent in January after zero growth in December, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. This is the first positive CPI reading since February 2013, with the domestic economy remai...
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Primary cash surplus down to 248 mln in Jan, including modest arrears repayment of 41 mln
EconomyMacroeconomyGreece’s central government primary cash surplus dropped by 138 million euros to 248 million in January, Bank of Greece (BoG) figures showed on Friday. The headline figure includes modest arrears’ repayments of 41 million. The overall cash balance also ...
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Current account deficit narrows to 271 mln in Jan
EconomyMacroeconomyGreece’s current account (C/A) deficit narrowed to 271.1 million euros in January 2017 from 771.4 million a year ago, Bank of Greece (BoG) figures showed on Thursday. The improvement by around 500 million euros from last year largely reflects an increas...
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