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  1. Loan interest drops to 4.59 pct in September
    Photo by MacroPolis

    EconomyMacroeconomy

    The overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.59 percent in September, down 9 basis points (bps) from the rate of 4.68 noted in August, data from the Bank of Greece (BoG) showed on Thursday. The spread between loan and deposit

    2%
  2. Newsletter 226 -01/11/2019

    Newsletters

    of 1.9 percent in July, Hellenic Statistical Authority (ELSTAT) data showed. The current month’s

    2%
  3. PMI stable at 53.5 points in October as foreign orders rise
    Image via www.mytilineos.gr

    EconomyMacroeconomy

    Greece’s manufacturing PMI remained almost unchanged at 53.5 points in October from 53.6 points in September, according to the latest data from Markit. Markit noted that although the latest month fell to a four-month low, it was still well above the long-term series average of 49.8. The rate

    2%
  4. Trade deficit rises by 2.3 pct in September
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit rose by 2.3 percent year-on-year (YoY) in September compared to a fall of 1.7 percent in August, data from the Hellenic Statistical Authority (ELSTAT) released on Thursday showed. The deficit came to 1.88 billion euros in September. Imports came to 4.72 billion euros, showing

    2%
  5. Industrial production rises by 1.2 percent in Sept
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) rose by 1.2 percent year-on-year (YoY) in September compared to a revised decrease of 0.1 percent in August, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. The headline reading reverses two negative months of readings and is the highest

    2%
  6. Employment balance turns negative by 125,668 in October
    Photo by MacroPolis

    EconomyMacroeconomy

    The employment balance turned negative in October with 125,668 more firings than hirings, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last year, there were 5,581 more people fired than hired, making this the worst October on record. Total hirings

    2%
  7. Car sales rise slows to 5.3 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose 8.6 percent year-on-year (YoY) in October, following an increase of 22.9 percent in September, Hellenic Statistical Authority (ELSTAT) data showed Monday. Car sales for the month came to 15,996, compared to 14,338 in September

    2%
  8. Building permits increase by 27 pct in August
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Building permits rose by 27 percent year-on-year (YoY) in August compared to a rise of 18.5 percent in July, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed. The total number of permits came to 1,300, staying above the 1,000-permit mark for a sixth month. The corresponding

    2%
  9. Industrial turnover edges down by 0.5 pct in September
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s industrial turnover edged down by 0.5 percent year-on-year (YoY) in September following a slightly revised decrease of 8.2 percent in August, Hellenic Statistical Authority (ELSTAT) data published on Tuesday showed. September’s reading is the fifth negative reading for the year so far

    2%
  10. Travel balance up by 15.3 pct in September
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance rose to 2.63 billion euros in September from 2.28 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an increase of 15.3 percent year-on-year (YoY). Receipts came to 2.85 billion euros for the month, increasing by 16 percent YoY. Travel payments also

    2%