Economy
Wage growth continues, but Greece remains near bottom of EU rankings
Eurostat released its latest data this week on wages across the EU and housing affordability. For Greece, the figures highlight both steady nominal wage growth and a persistent gap with eurozone benchmarks, regional peers and broader EU averages.
Industrial production rises by 0.6% YoY in Oct, as energy supply moderates
Greece’s Industrial Production Index (IPI) slowed in September, recording a modest 0.6% year-on-year (YoY) increase, following a 5.8% rise in the previous month, according to data released on Tuesday by the Hellenic Statistical Authority (ELSTAT).
Housing and energy keep upward pressure on prices as Oct inflation rises to 5.7%
Greece’s Consumer Price Index (CPI) accelerated further in October with a jump of 5.7 percent year-on-year (YoY), from a 5 percent sharp rise in the previous month, according to the data released on Tuesday by the Hellenic Statistical Authority (ELSTAT).
Fitch leaves rating and outlook unchanged, concluding positive year for GGBs
Fitch affirmed Greece’s rating at “BBB” with a stable outlook on Friday, concluding the autumn review cycle and a positive year for Greek government bonds (GGBs) on the ratings front.
Energy drives 21.7% YoY increase of in Sep trade deficit
Greece’s trade deficit continued its rise in September with a jump of 21.7 percent year-on-year (YoY), after an increase of 3.6 percent in August, according to data released by ELSTAT on Friday.
NBG profits to Sep approach 1 bln as net interest income rises 5%
National Bank of Greece (NBG) reported a profit after tax of 996 million euros in 9M, compared to a profit of 979 million euros in 2025, a marginal rise of 2 percent year-on-year (YoY).
Strong economic indicators continue, but household pressures persist
The complex landscape the Greek government has to contend with was highlighted by economic developments last week, as positive events were repeatedly overshadowed by the pressure points affecting households and businesses.
Manufacturing remains in expansion despite October slowdown
The Manufacturing PMI dropped in October, landing at 53.3 points, down from 54.0 in the previous month, S&P Global data showed on Monday.
Piraeus Bank reports solid profits of 890 mln in 9M
Piraeus Bank posted a net profit of 890 million euros in 9M this year, from 815 million euros in 9M 2025.
Alpha Bank profitability stays strong in 9M with 8.4% YoY rise
Alpha Bank reported a net profit of 766.1 million euros in 9M, compared to a profit of 706.7 million euros in 9M 2025, a rise of almost 8.4 percent.