Economy
PMI improves in May as manufacturers struggle with effects of Iran war
Greece’s manufacturing PMI rose to 53.3 points in May, from 52.4 points in the previous month, S&P Global data showed on Tuesday.
Deposits fall marginally in April as rise for households offsets business drop
Private sector deposits dropped marginally in April, with a net outflow of 66 million euros, after a rise of 2.08 billion euros in March, according to the latest Bank of Greece (BoG) figures released on Tuesday.
Lending to corporates drives credit drop of 6.8 pct YoY in Apr
Credit expansion in the Greek private sector remained strong in April, rising by 6.8 percent year-on-year (YoY), from 7.7 percent the previous month, Bank of Greece (BoG) figures released on Tuesday showed.
Producer prices jump 12.8 pct YoY in April as Iran war pushes all categories upwards
Greece’s Producer Price Index (PPI) accelerated significantly in April to 12.8 percent year-on-year (YoY), after a rise of 8.3 percent in the previous month, ELSTAT data showed on Friday.
Retail sales growth of 6.1 pct YoY in March spurred by fuel as war takes toll
The growth of Greece’s retail sales slightly moderated with a rise of 6.1 percent year-on-year (YoY) in March, after an increase of 6.9 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.
Unemployment heads north, hovering at 10 pct over last two months
Greece’s seasonally adjusted (SA) unemployment rate edged down to 9.5 percent in April, from a significantly upwards revised 10.5 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Building activity continues strong start to 2026 with 5.4 pct YoY rise in Feb
Building activity growth slowed in February, with a rise of 5.4 percent year-on-year, after an increase of 15.4 percent YoY seen in January, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Thursday.
Economic sentiment and consumer confidence recover some ground in May
Greece’s economic sentiment (ESI) improved in May, with the index at 107.5 points, from 105.8 in the previous month, according to European Commission figures released on Thursday.
Brussels flags downside risks for Greece as conflict‑driven inflation surges
The European Commission published last week its latest spring economic forecasts, becoming the latest institution to confirm that the unresolved Iran conflict will be a key factor shaping this year’s economic outcomes.
Strong Q1 for tourism as receipts rise by 64 pct YoY
Greece's travel balance recorded a surplus of 409.6 million euros in March, compared to 284.8 million euros in February, according to data released by the Bank of Greece (BoG) on Monday.