Economy
Property prices rise by 7.3 pct YoY in Q2, index at all-time high again
The growth in the nominal value of apartments in Greece accelerated marginally in the second quarter of 2025, increasing by 7.3 percent year-on-year (YoY) from 7 percent in Q1 2025, Bank of Greece (BoG) data released on Wednesday showed.
Underspend and taxes push primary balance up to Aug 3.77 bln above target
The budget primary balance produced a surplus of 8.7 billion euros up to August, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
Growth treads water as PM targets relief for households
Ahead of the PM’s recent keynote speech and extensive press conference at the Thessaloniki International Fair, ELSTAT released the latest set of GDP data for Q2, where the Greek economy’s annual growth slightly moderated to 1.7 pct year-on-year (YoY), from a 2.1 pct YoY rise in Q1.
Energy drives import price drop of 2.1 pct YoY in July
Greece’s import price index remained in contraction in July, with a drop of 2.1 percent year-on-year (YoY), after a 4.7 percent decline in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
Wages grew by 8.7 pct YoY in Q2 thanks to strong seasonal hires
Greece’s seasonally adjusted (SA) Wages Index grew by 8.7 percent year-on-year (YoY) in Q2, from 6.2 percent in the first quarter of 2025, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Car sales record modest rise in August, up 3.3 pct YoY in 8M
Vehicles going into circulation for the first time dropped by 2.4 percent year-on-year (YoY) in August, after an increase of 2.8 percent in July, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.
Electricity drags industrial production down by 0.5 pct YoY in July
Greece’s Industrial Production Index (IPI) went back in contraction in July with 0.5 percent year-on-year (YoY) drop, after a rise of 1 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.
August CPI moderates sligthly to 2.9 pct YoY, rents climb by 10.9 pct
Greece’s Consumer Price Index (CPI) decelerated in August with a rise of 2.9 percent year-on-year (YoY), from 3.1 percent in the previous month, according to the data released on Wednesday by the Hellenic Statistical Authority (ELSTAT).
DBRS leaves credit rating of 'BBB' and stable outlook unchanged
The new round of rating reviews started on Friday with DBRS keeping Greece’s credit rating unchanged at ‘BBB’. The outlook also remained unchanged at stable.
Trade deficit growth slows to 4 pct YoY in July driven by oil and non-EU markets
Greece’s trade deficit rose by 4 percent year-on-year (YoY) in June, significantly slowing from the 33.6 percent jump in June, according to data released by ELSTAT on Friday.