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Deposits rise by 448 mln in June
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 448 million euros in June.... As of June, deposits have remained at the highest level since December 2014 when they stood at 160.29 billion. In June last year, net deposit movement was positive by 1.77 billion euros. A breakdown
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Receipt losses near 5 bln in first six months as June tourism figures disappoint
EconomyMacroeconomyGreece’s travel balance came to 27.9 million euros in June from 2.36 billion a year ago, Bank... and stood at 31 million euros in June. For the same month last year, the YoY change showed a rise... arrivals registered in June. Visitors from the US, UK and Russia also fell by 100 percent to zero
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June CPI rises by 1 pct YoY
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) increased by 1 percent year-on-year (YoY) in June, after...-on-month, the CPI for June rose by 0.9 percent. Up until May’s reading, the CPI had remained consistently... by 0.6 percent YoY in June. Compared to May, the HICP increased by 1.2 percent. In June
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Car sales shoot up by 40.3 pct YoY in June, continuing recent trend
EconomyMacroeconomyyear-on-year (YoY) in June, after a rise of 54.1 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday. In June 2020, the year-on-year change had shown a drop of 24.7 percent. Car sales in June came to 22,690 compared to 16,170 in June last year, an increase of 40.3 percent
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Unemployment at 15 pct in June
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped to 15 percent in June from a revised... 123,187 fewer unemployed people in June compared with the same month of 2020, a decline of 14.9 percent. The number for the unemployed amounted to 700,990 in June. The inactive population decreased
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Current account shows deficit of 1.34 bln in June as tourism begins to come back
EconomyMacroeconomyGreece posted a current account (C/A) deficit of 1.34 billion euros in June compared to 1.4 billion euros in May, Bank of Greece (BoG) data showed on Friday. In June 2020, the balance showed...). According to the BoG, June’s performance is mainly due to an improvement in the services balance
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Retail turnover rises by 11.7 pct and volume by 10.8 pct in June
EconomyMacroeconomyGreece’s retail sales index rose by 11.7 percent in June following a revised increase of 14.8... by the pandemic lockdowns. The corresponding volume index in June increased by 10.8 percent after a revised increase of 15.3 percent in the previous month. Compared to June 2020, the biggest increase
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Economic sentiment drops by 3.7 pts in June as all components deteriorate
EconomyMacroeconomyGreece’s economic sentiment (ESI) declined by 3.7 points in June, dropping to 104.3 points... average ESI stood at 102.5 points in June, dropping 1.7 points from the previous month. The euro... in June, from 108.2 points in May. The EEI has dropped by 4 points in the rolling 12-month period
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Another strong rise for industrial turnover in June as petroleum products drive 43.1 pct increase
EconomyMacroeconomyGreece’s industrial turnover growth continued on a solid path in June, jumping by 43.1 percent year... posted growth of 18.2 percent in March 2021 and has been growing ever since. June’s growth... territory at -0.1, from 0.3 in June. Since August last year, industry confidence is down by 9.5
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Formalities proceed, paving way for June 25 vote and tough questions for opposition
PoliticsGreek PoliticsThe stage is set for Greece to hold its second elections of the summer on June 25, when New... and Greece heads to second elections on June 25. In the meantime, a caretaker government headed... defeat. There is little time for the leftists to make any major changes before June 25
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