Economy
Sharp drop in oil costs drives 5.4 pct YoY decrease in import prices
Greece’s import price index accelerated its contraction with a drop of 5.4 percent year-on-year (YoY) in December, after a 3.3 percent decrease in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
Drop of 4.1 pct YoY for car sales at start of 2026
Vehicles going into circulation for the first time had marginal gains of 0.5 percent year-on-year (YoY) in the opening of 2026, after a jump of 18.7 percent in December, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
CPI stable at 2.5 pct YoY in Jan, food up 4.5 pct, rents 8.7 pct
Greece’s Consumer Price Index (CPI) was broadly stable at the start of the new year with a rise of 2.5 percent year-on-year (YoY) in January, from 2.6 percent in the previous month, according to the data released on Thursday by the Hellenic Statistical Authority (ELSTAT).
Industrial production rises by 3.9 pct YoY in Dec, up 2.3 pct in 2025
Greece’s Industrial Production Index (IPI) grew in December with a rise of 3.9 percent year-on-year (YoY), from 4.3 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday.
Landmark Katseli Law ruling hits lenders, eases borrower burden
The Supreme Court’s plenary delivered this week a landmark judgment that reshapes the financial and legal landscape for thousands of indebted Greek households and the institutions that service their loans.
Trade deficit jumps to 3.5 bln in Dec, full year down by 5.9 pct at 33.52 bln
Greece’s trade deficit rose by 2.4 percent year-on-year (YoY) in December, after a drop of 15.1 percent in November, according to data released by ELSTAT on Friday.
Business landscape dominated by SMEs, six in 10 workers earn below 1,200 euros
The 2025 annual report by the Labour Ministry, based on the data registered in the ERGANI database, gives the latest snapshot of Greek entrepreneurship, employment, and income profiles for the private sector.
Labour market ends 2025 with a positive hiring balance of 77,074 jobs
Greece’s employment balance ended 2025 with 14,524 more departures than hires in December, according to data from the Labour Ministry’s ERGANI information system.
PMI starts 2026 strongly, despite cost and supply chain pressures
Greece’s manufacturing PMI rose sharply in January to 54.2 points, from 52.9 points in the previous month, S&P Global data showed on Monday.
Credit to corporations drives loans growth for 7.9 pct YoY in Dec
The credit expansion in the Greek private sector remained strong in December, rising by 7.9 percent year-on-year (YoY), from 7.2 percent the previous month, Bank of Greece (BoG) figures released on Thursday showed.