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Retail index jumps 5.3 pct in May led by fuel and supermarket sale
EconomyMacroeconomyGreece’s retail sales index increased by 5.3 percent in May, accelerating from the growth of 0.8... month this year that volume fell into negative territory. Compared to May last year, the main rises... percent. The seasonally adjusted (SA) retail sales index in May rose by 1.1 percent month-on-month to 74.2
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Trade deficit jumps by 56 pct in May
EconomyMacroeconomyGreece’s trade deficit rose significantly by 56 percent (YoY) in May compared to a fall of 5.2.... The deficit stood at 2.19 billion euros in May compared to 1.65 billion in April. Imports continued..., the trade deficit increased by 25.2 percent YoY in May. The aggregate figure for the first five months
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Industrial production falls by 1.2 pct in May
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) dropped year-on-year (YoY) by 1.2 percent in May..., a rise of 2.1 percent was seen in the manufacturing index. During May, four out of five main... points in June from 54.2 points in May. June’s reading signals the lowest reading since November 2017
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Retail turnover falls by 2 pct in May, volume drops by 2.4 pct
EconomyMacroeconomyGreece’s retail sales index fell by 2 percent in May, almost at the same rate as April when..., the volume index has remained negative for two consecutive months now. Compared to May 2018, the main... and footwear (+4.2 percent). The monthly seasonally adjusted (SA) retail sales index in May rose
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PMI rises to 41.1 points in May but manufacturer pessimism persists
EconomyMacroeconomyGreece’s manufacturing PMI increased to 41.1 points in May from 29.5 points in April, according... conditions since August 2015. The small recovery noted in May was linked to a slower decrease... for the second month running in May, as demand for inputs decreased following lower new order inflows
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Deposits rise by 1.72 bln in May
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 1.72 billion euros in May.... Deposits have reached the highest level since December 2014 when they stood at 160.29 billion. In May... deposits, which also include the general government (gg), fell by 200 million in May to come to 159.45
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Industrial turnover drops by 30.4 pct in May
EconomyMacroeconomyGreece’s industrial turnover fell by 30.4 percent year-on-year (YoY) in May compared to a drop of 35.4 percent in April, Hellenic Statistical Authority (ELSTAT) data published on Monday showed. May’s... indicators, June’s PMI index rose to 49.4 points from 41.1 points in May. The latest reading
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Retail turnover drops by 5.3 pct in May, volume drops by 5.8 pct
EconomyMacroeconomyGreece’s retail sales index decreased sharply by 5.3 percent in May following a sharp drop of 24.5... month. Compared to May 2019, the main decreases in turnover were seen in automotive fuel...). The monthly seasonally adjusted (SA) retail sales index in May rose by 26.2 percent compared to April
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Primary cash balance deficit at 8.23 bln in May
EconomyMacroeconomy, revenue rose by 496 million euros in May compared with a year earlier and came to 2.77 billion euros... billion euros from last year, coming to 16.5 billion euros. Expenditure for May rose by 595 million euros... of 474 million euros compared to a deficit of 638 million in May last year. The aggregate PIB balance
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Budget primary deficit at 8.14 bln by end-May, almost 1 bln off target
EconomyMacroeconomyMinistry (MoF) budget execution bulletin for May showed on Monday. The primary balance came short... billion euros compared to a deficit of 7.49 billion euros up to May last year. For the current aggregate... to May. These include the expenditure of the special purpose compensation (of employees) of about 1.65
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