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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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Car sales increase by 57.2 percent in May
EconomyMacroeconomyRoad 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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Industrial turnover jumps by 37 pct in May on base effects
EconomyMacroeconomyGreece’s industrial turnover rose 37 percent from a year earlier in May, compared with a revised... in May this year was the result of a 37.4 percent rise in manufacturing revenue and a 10.3 percent... an increase of 59.4 percent the month before. In the domestic market, May’s increase in industrial turnover
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Travel balance increases more than eightfold in May from last year’s lockdown
EconomyMacroeconomyGreece’s travel balance came to a surplus of 112.1 million euros in May from 12 million a year ago... to an increase of 836.3 percent year-on-year (YoY). The balance remained substantially below its May 2019... (EU 27) countries increased by 465.6 percent YoY and stood at 123 million euros in May. For the same
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