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Economic sentiment at 108.4 in Jan
EconomyMacroeconomyGreece’s economic sentiment (ESI) fell by 1 point in January to reach 108.4 points, European Commission (EC) figures showed on Thursday. January's reading is 12.2 points below the series high of 120.6 noted in July 2000. Compared to January 2019, the ES...
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PMI at 54.4 points in Jan as employment growth hits all-time high
EconomyMacroeconomyGreece’s manufacturing PMI increased to 54.4 points in January from 53.9 points in December, according to the latest data from Markit PMI. Markit noted that the headline figure marked the fastest overall improvement in the health of the Greek manufactur...
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Budget primary balance at 498 mln in Jan as net revenues fall short of target
EconomyMacroeconomyThe budget primary balance came to a primary surplus of 498 million euros in the first month of 2020, below target by 771 million euros, the Finance Ministry (MoF) preliminary budget execution bulletin showed this week. In the same period last year, the...
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Credit contraction unchanged at 0.6 pct in Jan, balance at 153.43 bln
EconomyMacroeconomyCredit contraction in the Greek market came to 0.6 percent in January, unchanged from December, Bank of Greece (BoG) figures showed on Thursday. This led the outstanding balance to stand at 153.43 billion from 154.19 billion in the previous month. The n...
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Budget primary deficit at 1.47 bln euros in Jan, revenue shortfall hits 812 mln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.47 billion euros in the first month of 2021, compared to a surplus of 495 million noted in January 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for January showed on Monday. Th...
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Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.47 billion euros in the first month of 2021, compared to a surplus of 495 million noted in January 2020, the final Finance Ministry (MoF) budget execution bulletin for January showed. The primary balanc...
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Economic sentiment on up again after 4.2 pt rise in Jan
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued its upward trend in January, after a pause in December, increasing by 4.2 points to 114.2, according to European Commission figures released on Friday. ESI had dropped by 3.1 points to 110 in December Economic...
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Car sales drop by 8.7 pct in Jan for first drop since Feb 2021
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time dropped by 8.7 percent year-on-year (YoY) in January, following a rise of 21.4 percent in December, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In January 20...
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CPI reaches 6.2 pct in Jan as inflation hits highest since late 1990s
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) picked up further pace in January, rising by 6.2 percent year-on-year (YoY), following a 5.1 percent increase in December, according to the latest data from the Hellenic Statistical Authority (ELSTAT) released on Tues...
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Jan budget execution impacted by unplanned pandemic spending and snowstorm
EconomyMacroeconomyThe budget primary balance for the first month of 2022 came to a small surplus of 17 million euros, compared to a deficit of 1.47 billion euros in the same month last year, according to the preliminary Finance Ministry (MoF) budget execution data releas...
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