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Travel receipts of 2.18 bln in Sep as arrivals pick up and spending per trip increases
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 2.06 billion euros in September, from 815.6 million euros a year ago, according to Bank of Greece (BoG) data released on Monday. Although the performance more than doubled, the balance is well below the 2.67...
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Retail sales rise by 13 pct in Sep as fuel has notable impact
EconomyMacroeconomyGreece’s retail sales picked up pace again in September, rising by 13 percent year-on-year (YoY) from a downward revised increase of 7.5 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. Retail sales have been growing co...
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Building activity up by 11.2 pct in Sep as steady rise continues
EconomyMacroeconomyThe number of building permits issued in Greece continued its rise in September, increasing by 11.2 percent year-on-year to 1,982, after a rise of 12.7 percent seen in August, according to Hellenic Statistical Authority (ELSTAT) data released on Monday....
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Corporate lending leads credit to 5.5 pct growth in Jul, highest since Sep 2009
EconomyMacroeconomyCredit movement in the Greek private sector gathered more pace in July, rising by 5.5 percent year-on-year (YoY) from a 4.5 percent rise in June, and 3.3 percent in May, Bank of Greece (BoG) figures released on Friday showed. The growth in credit expans...
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Inflation at 12 pct in Sep as CPI records highest monthly rise of the year
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) jumped back up in September, rising by 12 percent year-on-year (YoY), from 11.4 percent in August, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolli...
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Preliminary Sep budget records 37 mln primary surplus as taxes outperform by 4.9 bln
EconomyMacroeconomyThe budget primary balance up to September 2022 came to a small surplus of 37 million euros, compared to a deficit of 5.96 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on ...
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Final budget execution data for Sep highlights overperformance in most tax categories
EconomyMacroeconomyThe budget primary balance for the nine months of 2022 came to a small surplus of 52 million euros, compared to a deficit of 5.96 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data release...
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Deposits up to highest since 2011 after 2.27 bln rise in Sep
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in September accelerated to 2.27 billion euros, after it had slowed down to just 89 million euros in August, and 483 million euros in July, based on Bank of Greece (BoG) figures release...
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Lending to corporations in Sep thrusts credit expansion to highest rise since 2009
EconomyMacroeconomyCredit movement in the Greek private sector gathered more pace in September, rising by 6 percent year-on-year (YoY), from 5.8 percent in August, and 5.5 percent year-on-year in July, Bank of Greece (BoG) figures released on Wednesday showed. The growth ...
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Growth in producer prices slows to 29.4 pct in Sep amid another monthly drop
EconomyMacroeconomyThe pace of Greece’s Producer Price Index (PPI) annual growth slowed down further in September, although it rose by 29.4 percent year-on-year (YoY) following a 39.5 percent increase in August, ELSTAT data said on Thursday. The index was in negative terr...
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