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  1. Jan economic sentiment at 99.6 as consumer confidence posts best reading since 2009
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) was down by 1.3 points to 99.6 in January compared to a reading of 100.9 points in December 2018, European Commission (EC) figures revealed on Wednesday. The EC noted that the latest figures follow a new methodology und...

    6%

  2. PMI at 53.7 in Jan as manufacturers remain confident for year ahead

    EconomyMacroeconomy

    Greece’s manufacturing PMI edged down slight to 53.7 points in January from 53.8 points in December, staying over the 50-mark threshold for 20 consecutive months. Markit noted that despite the drop, the headline figure indicated a solid improvement in t...

    6%

  3. Budget primary surplus beats Jan target by 706 mln on significant underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Finance Ministry issued on Friday the first budget execution update for 2019, with the preliminary data showing that the primary surplus settled at 603 million euros, against a deficit target of 103 million euros. In the same period last year, ...

    6%

  4. Credit contraction at 1.1 pct in Jan, balance at 169.42 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Credit contraction in the Greek market came to 1.1 percent in January, unchanged from December, Bank of Greece (BoG) figures showed on Wednesday. As a result, the outstanding balance decreased to 169.42 billion from 170.29 billion in the previous month ...

    6%

  5. Industrial production up by 3.4 pct in Jan for third straight rise
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) grew by 3.4 percent year-on-year (YoY) in January from an upward revised figure of 1.3 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. The latest figure keeps the index pos...

    6%

  6. Trade deficit up by 5.1 pct in Jan as imports rise, exports edge down
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit increased by 9 percent year-on-year (YoY) in January, accelerating from the 5.1 percent rise seen in December, data from the Hellenic Statistical Authority (ELSTAT) showed on Friday. January’s deficit stood at 2.16 billion euros, ...

    6%

  7. Retail turnover falls by 2.3 pct in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index declined by 2.3 percent in January after a downward revised fall of 0.2 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Friday. January’s figure is the second consecutive negative reading. The aver...

    6%

  8. Eurosystem funding falls by 1.24 bln in Jan, banknotes in circulation fall below Nov 14 figure

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding declined by 1.24 billion euros month-on-month (MoM) in January, the Bank of Greece's (BoG) final financial statement for January 2019 has revealed. As of January, the total for central bank funding comes to 9.83 billion v...

    6%

  9. Unemployment rate edged up again in Jan, reaching 18.5 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate came to 18.5 percent in January, edging up from an upward revised rate of 18.4 percent in December, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. For the same month in 2018, the un...

    6%

  10. Building permits drop by 10.2 pct in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits decreased by 10.2 percent year-on-year (YoY) in January, deepening from a decline of 7.5 percent seen in December, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The latest monthly headline figure is the second ...

    6%