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  1. Revision sees 2016 fiscal surplus at 0.5 pct of GDP

    EconomyMacroeconomy

    As part Greece’s obligation in relation to the Excessive Deficit Procedure (EDP) notification of 2017, Greece’s statistical authority, ELSTAT, announced on Monday the revised fiscal data for the 2013... this year due to more updated data and changes in accounting methodologies. As a result, the fiscal

    2%

  2. PMI at 52.1 in October, dropping slightly from previous month
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    data indicated a positive picture of the Greek manufacturing sector. Most notably, they highlighted... forward. That said, given the positive trends evident elsewhere in the survey data, the sector looks well

    2%

  3. CPI grows by 0.7 pct in October, positive for 10 successive months
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) rose by 0.7 percent in October, posting a slight decline from the 1 percent rise of September, Hellenic Statistical Authority (ELSTAT) data showed on Thursday... and restaurants (+1.5 percent). A breakdown of the data showed that coffee prices rose by 16.6 percent, while

    2%

  4. Fall in apartment prices continues with slower decline of 0.6 pct in Q3
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    The drop in the nominal value of apartments in Greece eased to 0.6 percent year-on-year (YoY) in the third quarter (Q3) of 2017, following a drop of 1.2 percent in Q2 2017, Bank of Greece (BoG) data... low levels, BoG continues to not publish transactions and appraisals data. Although signs

    2%

  5. Office prices slip by 0.7 percent in first half of 2017
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    Office prices in Greece fell by 0.7 percent in the first half (H1) of 2017 compared to the same period last year, Bank of Greece (BoG) data showed on Monday. Growth for the relevant period last year... by 0.7 percent year-on-year. BoG said that according to revised data for the year, office rents in Greece

    2%

  6. Unemployment rate continues decline to 20.5 pct in September

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate fell to 20.5 percent in September after a slight upward revision of 20.7 percent in August, Hellenic Statistical Authority’s (ELSTAT) data showed... to August and stood at 3.2 million. The latest data from the Labour Ministry’s Ergani information

    2%

  7. Building activity drops by 3 pct in September, permits increase above 1,000
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits declined by 3 percent in September, easing from the drop of 5.2 percent noted in August, Hellenic Statistical Authority (ELSTAT) data released on Monday showed. The headline rate... declining to 59.21 billion euros, according to the BoG. The BoG’s data also showed that around 41

    2%

  8. Newsletter 144 -15/12/2017

    Newsletters

    figure was upwardly revised to 3.2 percent, Hellenic Statistical Authority (ELSTAT) data revealed... in November for a second straight month as hirings fell short of departures by 39,221, data from

    2%

  9. Number of private sector employees rises in 2017 but wages fall
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The annual data from the Labour Ministry’s information system (Ergani) detailed the figures on private sector companies and workers in 2017. The information was gathered by data fed by firms electronically into Ergani and is released to summarise activity each year. The report revealed that 247,236

    2%

  10. BoG sees recovery strengthening, proposes post-MoU safety net
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    a series of hard macro data, along with sentiment and expectation indices and banking statistics... with a participation that reached 86 percent. Based on existing data, the BoG sees the recovery

    2%