Economy
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.
Eurobank reports solid rise in profitability of 12.4% YoY in 9M
Eurobank posted a net profit of 1.16 billion euros in 9M 2026, from 1.03 billion euros a year earlier, up by 12.4 percent year-on-year (YoY).
Energy powers producer price jump of 20.4% YoY in Sep, highest since 2022
Greece’s Producer Price Index (PPI) accelerated further in September to 20.4 percent year-on-year (YoY), after a rise of 14.9 percent in the previous month, ELSTAT data showed on Friday.
Inflation and high tourism season push retail sales up by 8.2% in August
The growth of Greece’s retail sales accelerated to 8.2 percent year-on-year (YoY) in August, after an increase of 6.6 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.
Unemployment broadly steady at 7.6% in September
Greece’s seasonally adjusted (SA) unemployment rate was broadly stable in September at 7.6 percent, from a 7.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Economic sentiment moderates in Oct as consumer confidence falls sharply
Greece’s economic sentiment (ESI) moderated in October, with the index at 106.9 points, from 107.6 in the previous month, according to European Commission figures released on Thursday.
Business loans and consumer credit drive 6% YoY expansion in September
Credit expansion in the Greek private sector slightly slowed in September, rising by 6 percent year-on-year (YoY), from 7.3 percent the previous month, Bank of Greece (BoG) figures released on Tuesday showed.