Economy
Import prices contract again in Oct with 2.4 pct drop
Greece’s import price index resumed the contraction in October, with a drop of 2.4 percent year-on-year (YoY), after a 0.4 percent increase in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
Subdued passenger car sales lead to overall drop of 1.6 pct in Nov
Vehicles going into circulation for the first time dropped by 1.6 percent year-on-year (YoY) in November, after a rise of 4.1 percent in October, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.
Electricity propels 6.4 pct YoY jump in Oct industrial production
Greece’s Industrial Production Index (IPI) recorded another solid growth in October with a rise of 6.4 percent year-on-year (YoY) drop, after a jump of 7.3 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.
RRF promise fades as growth outlook weakens
The Finance Ministry submitted to the European Commission recently the latest multiyear fiscal framework for the 2026–2029 period, including updated fiscal and macroeconomic expectations.
CPI accelerates to 2.4 pct YoY in Nov, housing costs up 3.7 pct
Greece’s Consumer Price Index (CPI) accelerated in November with a rise of 2.4 percent year-on-year (YoY), from 2 percent in the previous month, according to the data released on Tuesday by the Hellenic Statistical Authority (ELSTAT).
Trade deficit drops sharply in Oct, down 6 pct in 10M
Greece’s trade deficit fell sharply by 18.4 percent year-on-year (YoY) in October, after a drop of 13.6 percent in September, according to data released by ELSTAT on Monday.
Consumption and investments drive Q3 GDP growth of 2 pct YoY
Greece’s seasonally adjusted (SA) GDP grew modestly in Q3, rising by 0.6 percent quarter-on-quarter (QoQ), from a downward revised 0.4 percent increase in Q2, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday.
Quarterly unemployment eases to 8.2 pct in Q3, lowest since end-2008
Greece’s non-seasonally adjusted quarterly unemployment rate dropped in Q3, landing at 8.2 percent, from 8.6 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
OECD sees sustained growth of 2.2 pct in 2026, challenges persisting
The OECD published on Tuesday its latest economic outlook and is broadly in consensus with other organisations that monitor the Greek economy that the economy will sustain its growth path, though it will begin to moderate as EU resources will wind down next summer.
Unemployment stable at 8.6 pct in Oct
Greece’s seasonally adjusted (SA) unemployment rate was virtually unchanged at 8.6 percent in October, from 8.7 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.