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Economic sentiment up to 104.2 in May, construction confidence grows by 15.7 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) grew by 0.6 points to 104.2 in May versus 103.6 in April, European Commission (EC) figures revealed on Wednesday. May’s reading is the second consecutive reading... decreased by 2.2 points to -51 in May compared to -48.8 in April. Year-on-year, consumer confidence has
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Budget primary surplus at 1.54 bln in May on revenue rise, sharp investment underspend
EconomyMacroeconomy, the Finance Ministry (MoF) preliminary budget execution bulletin for May showed on Thursday. Last... million noted in April. The balance for May last year landed on a surplus of 114 million. The budget... and above target by 176 million euros. May’s figures represent the first time this year
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May budget primary surplus confirmed at 1.53 bln as revenues rise, PIB spending falls
EconomyMacroeconomymonths of 2018, the Finance Ministry (MoF) final budget execution bulletin for May showed on Monday. Last... of 80 million noted in April. The balance for May last year landed on a surplus of 114 million..., increasing from the figure of 35 million in April and above target by 176 million euros. May’s figures
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Trade deficit down by 15.8 pct in May on reduced imports, higher exports
EconomyMacroeconomyGreece’s trade deficit fell by 15.8 percent in May, picking up pace from April’s drop of 4.6.... The deficit stood at 1.47 billion euros for the month. May's decline marks the fifth consecutive fall in the year so far. Export growth continued to lead the way for the reduction of the deficit. Exports in May
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Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
EconomyMacroeconomyGreece’s travel balance rose sharply by 38.2 percent in May, recovering strongly from April’s... in the EU28 increased in May by close to 54 percent and came to 1.12 billion euros, whereas outside... to travel revenue from the EU as the intake jumped by 66 percent compared to May last year, reaching 769
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PMI eases to 54.2 in May as exports continue to rise
EconomyMacroeconomyGreece’s manufacturing PMI dropped to 54.2 points in May from 56.6 points in April, according... indicated a strong expansion in new business in May, Markit said. Export orders continued to increase for a twentieth consecutive month. As inflation eased in May, the rate of increase in output
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CPI edges up by 0.2 pct in May
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) increased by 0.2 percent in May following a rise of 1 percent in April, figures from the Hellenic Statistical Authority (ELSTAT) showed on Monday. May’s reading... since June 2018 rose by 0.9 percent. Month-on-month, the CPI for May fell by 1.1 percent when compared
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Deposits rise by 561.6 mln in May, positive for third month
EconomyMacroeconomyNet deposit movement in the Greek banking system stayed positive by 561.6 million euros in May... on Monday. May’s inflows are the third positive movement of deposits after negative flows were registered... of 50.40 billion and sight deposits of 31.38 billion. In May last year, the balance was positive
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CPI falls by 1.1 pct YoY in May
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 1.1 percent year-on-year (YoY) in May compared... on Wednesday. The average CPI for the rolling 12 months fell by 0.1 percent. Month-on-month, the CPI for May.... The data showed that the core index edged up by 0.4 percent in May compared to a decrease of 0.1
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Primary cash deficit at 5.35 bln in May
EconomyMacroeconomythat on a monthly basis, revenues dropped by 851 million euros in May and came to 2.27 billion euros... euros to 15.33 billion euros against last year’s total of 17.75 billion. Expenditure for May dropped... euros and came to 127 million euros compared to 193 million in May 2019. For the year to date
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