Economy
Central govt debt rises by 1.5 bln in Q2, to 407 bln
Greece’s central government debt recorded a rise of roughly 1.5 billion euros to 407.06 billion euros in Q2 2024, the Finance Ministry's (MoF) debt bulletin showed on Monday.
Primary balance 4 bln above target in Jul due to underspend and tax performance
The budget primary balance recorded a surplus of 5.68 billion euros by July, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Friday.
Energy leads import price jump of 4.4 pct YoY in June
Greece’s import price index accelerated further in June, rising by 4.4 percent year-on-year (YoY), after a 2.8 percent increase in May, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday.
Used passenger vehicles boost car sales in July for 13.8 pct rise
Road motor vehicles going into circulation for the first time rose by 13.8 percent year-on-year (YoY) in July, after a rise of 3.6 percent in June, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
Utilities and energy drive industrial production rise of 9.5 pct in June
Greece’s Industrial Production Index (IPI) grew in June by 9.5 percent year-on-year (YoY), after a 6.8 percent increase in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
Inflation up to 2.7 pct in July as housing costs keep rising
The growth in Greece’s Consumer Price Index (CPI) picked up pace in July with a rise of 2.7 percent year-on-year (YoY), after an increase of 2.3 percent in the previous month, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT).
Trade deficit moderates in June, up 10.5 pct YoY in H1
Greece’s trade deficit recorded a drop of 9.8 percent year-on-year (YoY) in June, after a solid rise of 13.6 percent in May, according to data released by ELSTAT on Wednesday.
Alpha NII rises 6 pct YoY to 829 mln, commissions income up 14 pct
Alpha Bank reported a net profit of 322 million euros in H1 2024, compared to a profit of 303 million euros in the same period of 2023, a rise of 7 percent.
NBG NII jumps 13 pct YoY in H1 to 1.19 bln, net profit up 27 pct to 646 mln
National Bank of Greece (NBG) reported a core profit after tax of 646 million euros in H1 2024, compared to a profit of 508 million euros in the same period of 2023, a significant rise of 27 percent year-on-year (YoY).
PMI moderates again in July to 53.2 pts as firms' confidence reaches 10-month low
Greece’s Manufacturing PMI continued to moderate in July, dropping to 53.2 points, from 54 points in June, according to S&P Global data released on Thursday.