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  1. Budget primary surplus at 1.54 bln in May on revenue rise, sharp investment underspend
    Photo by Panayotis Tzamaros/Fosphotos

    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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  2. May budget primary surplus confirmed at 1.53 bln as revenues rise, PIB spending falls
    Photo by MacroPolis

    EconomyMacroeconomy

    months 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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  3. Trade deficit down by 15.8 pct in May on reduced imports, higher exports
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’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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  4. Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’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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  5. PMI eases to 54.2 in May as exports continue to rise
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’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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  6. CPI edges up by 0.2 pct in May
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’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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  7. Deposits rise by 561.6 mln in May, positive for third month

    EconomyMacroeconomy

    Net 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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  8. CPI falls by 1.1 pct YoY in May
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’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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  9. Primary cash deficit at 5.35 bln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    that 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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  10. Car sales increase by 57.2 percent in May

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 54.1 percent in May compared.... In May 2020, the year-on-year change showed a drop of 44.2 percent, leaving last month’s total number of 24,298 new vehicles still 14 percent lower than May 2019’s total. Car sales in May came to 18,423

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