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Credit growth at 2.1 pct in Oct, but flow negative by 856 mln
EconomyMacroeconomyThe credit expansion in the Greek private sector was stable in October, rising by 2.1 percent year-on-year (YoY), unchanged from September, Bank of Greece (BoG) figures released on Tuesday showed.
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Aug sees second annual drop in building activity with 4 pct decline
EconomyMacroeconomyBuilding permits posted the second negative reading of the year in August, falling by 4 percent year-on-year (YoY), after a rise of 7.5 percent in July, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Tuesday.
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Industrial turnover contracts for six months on bounce in Sep with 5.1 pct drop
EconomyMacroeconomyGreece’s industrial turnover remained in contraction in September, dropping by 5.1 percent year-on-year (YoY), from a 6.4 percent decrease in August, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday.
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Annual contraction of import prices slows in Sep, index growing MoM since Jun
EconomyMacroeconomyGreece’s import price index continued to contract in September but at a considerably slower rate compared to recent lows as it fell by 9.2 percent year-on-year (YoY), after dropping by 14.6 percent in August, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday.
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Vehicles market grows strongly by 38.9 pct, led by new passenger cars
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time picked up further pace in October, growing strongly by 38.9 percent year-on-year (YoY), after a 15.6 percent rise in September, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
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Industrial production returns to growth of 2 pct in September
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) returned in positive territory in September, reversing three contractions since June. It grew by 2 percent year-on-year (YoY), after dropping by 0.1 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
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Trade deficit to Sep drops by 18.1 pct, exports struggle with 6.4 pct decrease
EconomyMacroeconomyGreece’s trade deficit recorded a drop of 25.9 percent year-on-year (YoY) in September, after a decline of 7 percent in August, according to data released by ELSTAT on Tuesday.
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Number of unemployed falls 18.2 pct in Sep, overall unemployment rate down to 10 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped to 10 percent in September, after a slightly downwards revision to 10.6 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
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Inflation boosts retail sales growth to 2.4 pct in Aug, volumes continue to slide
EconomyMacroeconomyGreece’s retail sales remained in positive territory in August, with a rise of 2.4 percent year-on-year (YoY), after a 3.4-percent rise in July, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
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Despite annual drop in Sep, producer prices rise for 4 consecutive months
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for the seventh successive month in September, dropping by 4.3 percent year-on-year (YoY), after falling by 8.3 percent in August, ELSTAT data showed on Monday.