Economy
Industrial turnover continues to slide with 1 pct YoY drop in Aug
Greece’s industrial turnover dropped further in August, with a decrease of 1 percent year-on-year (YoY), from a 1.8 percent drop in July, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday.
S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
S&P on Friday reaffirmed Greece’s sovereign credit rating at ‘BBB’ with a stable outlook, citing confidence in the country’s fiscal discipline, solid economic growth, and an improving banking sector.
IMF's latest macro and fiscal estimates reflect economic stability
The International Monetary Fund published this week its latest global macro and fiscal forecasts in the context of the annual meetings held in Washington. For Greece, the outlook remains positive although the IMF has a slightly more moderate take than the Greek authorities.
Tax collections and contained spending take primary surplus 4.15 bln above target in Sep
The budget primary balance produced a surplus of 9.36 billion euros up to September, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday.
Accelerated drop in energy drives import prices down by 2.4 pct YoY in Aug
Greece’s import price index remained in contraction in August, with a drop of 2.4 percent year-on-year (YoY), after a 2.1 percent decline in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday.
Government budgeting on a late RRF sprint
The draft budget for 2026 tabled in Parliament last week contained interesting signals for further policy considerations and the public debate.
New vehicles drive car sales up by 20.7 pct YoY in Sep
Vehicles going into circulation for the first time jumped by 11.7 percent year-on-year (YoY) in September, after a decrease of 2.4 percent in August, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
Electricity pushes industrial production down by 2.9 pct YoY in Aug
Greece’s Industrial Production Index (IPI) stayed in contraction in August accelerating to a 2.9 percent year-on-year (YoY) drop, after a drop of 0.5 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
Drop in energy costs bring CPI down to 1.8 pct YoY in Sep
Greece’s Consumer Price Index (CPI) decelerated further in September with a rise of 1.8 percent year-on-year (YoY), from 2.9 percent in the previous month, according to the data released on Thursday by the Hellenic Statistical Authority (ELSTAT).
Oil prices contribute to trade deficit falling by 18.8 pct YoY in Aug
Greece’s trade deficit fell sharply by 18.8 percent year-on-year (YoY) in August, after a rise of 4 percent in July, according to data released by ELSTAT on Wednesday.