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  1. Current account balance surplus of 874.4 mln in June shows significant yoy improvement
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) balance came to a surplus of 874.4 million in June, improving from.... Total exports of goods in June came to 2.71 billion euros, against 2.94 billion in June last year.... On an aggregate basis, the C/A deficit from January to June improved by 759 million to 3.94 billion euros

    11%

  2. Economic sentiment at 87.6 in June, consumer confidence & construction show recovery
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) fell by 0.9 points month-on-month in June to reach 87.6 points, European Commission (EC) figures showed on Monday. In June, the Employment Expectations Indicator... month-on-month and came to -6.2 in June. Compared to June 2019, consumer confidence has recovered by 14

    11%

  3. Car sales drop by 24.7 pct in June and 33.1 pct in first 6 months
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time fell by 24.7 percent in June... showed on Thursday. In June 2019, the year-on-year change showed a rise of 4.9 percent. Car sales for the month came to 16,170 compared to 21,464 in June last year. Out of the total, passenger car

    11%

  4. Primary cash balance deficit at 6.71 bln in June
    Photo by MacroPolis

    EconomyMacroeconomy

    that on a monthly basis, revenues dropped by 345 million euros in June and came to 2.80 billion euros... euros to 18.13 billion euros against last year’s total of 20.89 billion. Expenditure for June dropped... euros and came to 776 million euros compared to 856 million in June 2019. For the year to date

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  5. Unemployment rises to 18.3 pct in June
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate came to 18.3 percent in June from an upward... on Thursday. For the same time last year, the unemployment rate came to 17.1 percent. In June, employment... unemployed people in June versus the previous month, a rise of 7.5 percent. On an annual basis

    11%

  6. Budget primary shows deficit of 9.09 bln in June, beating target
    Photo by MacroPolis

    EconomyMacroeconomy

    ) budget execution bulletin for June showed on Thursday. The primary balance was above the target... billion euros, above target by 93 million euros. The monthly primary balance for June came to a deficit... euros compared to a deficit of 1.74 billion euros in June 2020. Revenues On a monthly basis, net

    11%

  7. Vehicle sales drop again YoY in June as only used passenger cars sales grow
    Image: https://flic.kr/p/cBTPu

    EconomyMacroeconomy

    year-on-year growth in June, after an increase of 21.3 percent in May, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. In June 2021, the year-on-year change was 34.6 percent, compared to June 2020, when Greece was only gradually finding its footing from the first

    11%

  8. Trade deficit narrows by 14.9 pct in June despite sharp exports drop
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 14.9 percent year-on-year (YoY) in June, after a drop... euros for June. Imports totalled 6.7 billion euros, dropping by 21.1 percent YoY. Exports totalled 4.1 billion euros. This is a decrease of 24.5 percent compared with June 2022. In June 2022, the trade

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  9. Travel surplus rises to 5.06 bln in June as arrivals soar by 26 pct in 6M
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 2.73 billion euros in June, from 1.54 billion euros in May, according to Bank of Greece (BoG) data released on Tuesday. June’s balance was roughly 17 percent higher than the 2.23 billion euros registered in June 2022. The balance in June 2021 was just

    11%

  10. June unemployment rate at 9.6 pct as seasonality favours labour market
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate dropped in June, landing at 9.6 percent, from.... In June last year, the unemployment rate was 11.4 percent. Despite stabilising in recent months... 4.3 million people. There were 85,865 fewer unemployed people in June compared with the same month

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