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General govt primary cash deficit at 5.48 bln in June as tax revenues fall
EconomyMacroeconomyfrom a rise of 1.64 billion-euro increase in bonds which came to 61.73 billion euros in June... The stock of gg guarantees increased by 401 million compared to May and came to 12.19 billion in June
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Trade deficit falls by 10.3 pct in June
EconomyMacroeconomyGreece’s trade deficit fell by 10.3 percent year-on-year (YoY) in June compared to a drop of 47.7 percent in May, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed... the value of oil products and ships, the trade deficit fell by 5.6 percent YoY in June. The aggregate figure
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General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
EconomyMacroeconomytax refund arrears) fell by 10 million compared to June and came to 2.46 billion. Month-on-month... guarantees rose by 1.41 billion compared to June and came to 13.6 billion in July. Bank support
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Growth in building activity decelerates to 17.6 pct in June after post-lockdown boom
EconomyMacroeconomyThe number of building permits issued in Greece decelerated to an increase of 17.6 percent year-on-year (YOY) growth in June, from 62.9 percent in May, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed. The total number of permits came to 2,082, from 1,771 in June 2020 when
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Growth of industrial production accelerates to 8.4 pct in June, highest rate for 2022
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) recorded back-to-back gains in June, rising by 8.4 percent year-on-year (YoY), after increasing by 3.6 percent in May, according to Hellenic Statistical... to negative territory at -0.1 in July, from 0.3 in June. Since August last year, industry confidence
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ND confident in migration stance as polls point to decisive victory on June 25
PoliticsGreek Politicsand the debate will not take place before the June 25 vote. The only danger for ND is that the re-emergence... party as on May 21. In terms of the issues that will decide how respondents vote on June 25, 24.4 pct
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Producer prices for June increase in most categories aside from energy
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for the fourth successive month in June, dropping by 11.7 percent year-on-year (YoY), after falling by 12.9 percent in May, ELSTAT data showed on Friday... the index from 99.36 points in January 2021, to 132.37 points in June. Month-on-month (MoM
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Retails sales contract 1 pct in June, volumes fall as food dips by 6.2 pct YoY
EconomyMacroeconomyGreece’s retail sales turned negative in June, posting a drop of 1 percent year-on-year (YoY), after a solid rise of 7.8 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The corresponding volume index recorded a sharp drop of 7.6 percent. June is the second negative
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Manufacturing continues to improve, but June PMI weakest of year
EconomyMacroeconomyGreece’s Manufacturing PMI continued to moderate in June, dropping to 54 points, from 54.9 points in May, according to S&P Global data released on Monday. The conditions in the Greek manufacturing sector have been improving for more than a year, however June’s reading is the weakest in 2024. New
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Energy leads import price jump of 4.4 pct YoY in June
EconomyMacroeconomyGreece’s import price index accelerated further in June, rising by 4.4 percent year-on-year (YoY), after a 2.8 percent increase in May, according to data released by the Hellenic Statistical... percent. In June, there was a 6.7 percent increase from the non-eurozone market, and a 0.2 percent
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