Economy
PMI stable in March as war starts affecting business and confidence
Greece’s manufacturing PMI was stable in March at 54.5 points, from 54.4 points in the previous month, S&P Global data showed on Wednesday.
Strong rise in food sales pushes 7 pct YoY increase in Jan retail
The growth of Greece’s retail sales jumped by 7 percent year-on-year (YoY) in January, after a rise of 6.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Economic sentiment declines in March, consumer confidence at lowest since 2022
Greece’s economic sentiment (ESI) deteriorated in March, with the index at 106.8 points, from 107.6 in the previous month, according to European Commission figures released on Monday.
PPI drop moderates to 1.7 pct YoY in Feb, driven by energy
Greece’s Producer Price Index (PPI) moderated its drop in February to 1.7 percent year-on-year (YoY), after a decrease of 3.7 percent in the previous month, ELSTAT data showed on Monday.
Greece braces for price shockwaves from Iran amid weakening purchasing power
As the conflict in Iran shows no sign of easing, and with damage to energy infrastructure in the Middle East estimated to have reduced production capacity by roughly 30–40 percent - repairs that could take years to complete - it is becoming evident that the world will face unsettled energy markets and volatile prices for some time, even in the more benign scenario of a swift end to the war.
Building activity moderated in Dec, dropped by 2.6 pct in 2025
Building activity moderated in December, with a rise of 0.9 percent year-on-year, after an increase of 9.9 percent YoY seen in November, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday.
Lending to corporations keeps annual credit growth steady at 7.4 pct in Feb
Credit expansion in the Greek private sector remained strong in February, rising by 7.4 percent year-on-year (YoY), from 7.6 percent the previous month, Bank of Greece (BoG) figures released on Thursday showed.
Deposits continue to slide in Feb, falling to 207.52 bln
Private sector deposits recorded a further drop during February, with a net outflow of 445 million euros, after a drop of 5.18 billion euros in January, according to the latest Bank of Greece (BoG) figures released on Thursday.
Significant underspend and tame taxes lead to primary surplus of 2.99 bln in Feb
The budget primary balance was confirmed at a surplus of 2.99 billion euros for February 2026, compared to a surplus of 2.8 billion euros a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Thursday.
Strong travel receipts in Jan, balance up 157.6 pct YoY
Greece's travel balance recorded a surplus of 234 million euros in January, compared to 313.2 million euros in December, according to data released by the Bank of Greece (BoG) on Tuesday.