Macroeconomy
Greek trade deficit up 12.6 pct in Feb as imports rise
Greece’s trade deficit rose 12.6 percent to 1.99 billion euros in February, resuming an upward trend for the first time since September 2013, according to the Hellenic Statistical Authority (ELSTAT).
Greek current account deficit rises to 709 mln in February
Greece's February current account (C/A) deficit rose by 3.6 percent to 709 million euros, according to the Bank of Greece (BoG).
Central gov't cash deficit down to 1.14 bln in March
Greece’s central government net balance to March on a cash basis showed a deficit of 1.14 billion. 59 percent lower compared to last year’s 2.76 billion, according to the Bank of Greece (BoG).
Greek banks' Eurosystem funding falls for third straight month, at lowest since Feb 2010
Greek banks’ Eurosystem funding dropped in March at the fastest pace since May 2013. It fell by 7.3 billion in what was the third successive month that funding declined, according to the Bank of Greece's (BoG) monthly financial statement.
Another big drop for building activity, which fell by 35.3 pct in January
Greek building activity (as measured by the number of building permits) continued heading south in January retreating by 35.3 percent, following a 29.6 percent drop in December, according to the Hellenic Statistical Authority (ELSTAT).
Greece enters second year of deflation as CPI falls 1.3 pct in March
Greece remained in deflation for the thirteenth consecutive month in March. The Consumer Price Index (CPI) eased 1.3 percent at a slightly accelerating pace compared to the 1.1 percent posted in February, according to the Hellenic Statistical Authority (ELSTAT).
General gov't cash surplus rises to 3.54 bln at end of Feb, more than double last year
The Greek general government (gg) primary cash surplus in the first two months of 2014 more than doubled to 3.54 billion from 1.45 billion last year, according to the gg bulletin released by the Ministry of Finance on Wednesday.
Industrial production rises for three months in a row for first time since 2007
The Greek Industrial Production Index (IPI) rose 1.7 percent in February, posting a positive change for the third consecutive month, according to the Hellenic Statistical Authority (ELSTAT).
Car sales continue upward course as registrations increase by 33.1 pct in March
Cars going into circulation for the first time showed a year on year (YoY) increase for the seventh successive month at 33.1 percent in March, according to latest data published by the Hellenic Statistical Agency (ELSTAT) on Tuesday.
Greek retail index dropped 4.3 pct in January
The turnover of Greece’s retail trade index fell by 4.3 percent in January and volume eased by 1.9 percent, according to data published by the Hellenic Statistical Agency (ELSTAT) on Friday.