Economy
ELSTAT resumes monthly unemployment updates after review, rate at 8 pct in July
Greece’s seasonally adjusted (SA) unemployment rate edged down to 8 percent in July, from 8.5 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
PMI improves significantly in Aug, despite exports orders falling for four straight months
Greece’s manufacturing PMI improved significantly in August to 54.5 points, from 51.7 points in the previous month, S&P Global data showed on Monday.
Energy drives 0.5 pct YoY fall in July producer prices as other components rise
Greece’s Producer Price Index (PPI) recorded a minor contraction in July, with a drop of 0.5 percent year-on-year (YoY), after an increase of 1.6 percent in June, ELSTAT data showed on Friday.
Retail sales resume growth of 3 pct YoY in June, volumes record more modest rise
Greece’s retail sales resumed growth with a 3 percent year-on-year (YoY) in June, after a marked decline of 4.6 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Credit to corporations contracts in July, bringing total loans down 1.27 bln MoM
The credit expansion in the Greek private sector remained solid in July, rising by 10.5 percent year-on-year (YoY), unchanged from the previous month, Bank of Greece (BoG) figures released on Thursday showed.
Despite small drop in July, deposits stay above 200 bln mark
The Greek banking system’s private sector deposits dropped in July, with a net decrease of 1.15 billion euros, after a jump of 5.1 billion euros in June, according to the latest Bank of Greece (BoG) figures released on Thursday.
Consumer and retail confidence deteriorate further in Aug due to cost of living
The rebound in Greece’s economic sentiment (ESI) continued in August, when the index reached 110 points, from 109.1 in the previous month, according to European Commission figures released on Thursday.
Construction shows first signs of recovery in 2025 as building activity rises 31.6 pct YoY in May
Building activity showed signs of recovery in May with a rise of 31.6 percent year-on-year, after a drop of 17.3 percent YoY seen in April, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Wednesday.
Primary balance up to July confirmed at 7.94 bln due to underspend, tax revenues
The budget primary balance was confirmed at a surplus of 7.94 billion euros up to July, compared to a surplus of 5.67 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday.
Travel receipts rise by 8.8 pct YoY in June, arrivals drop marginally
Greece's travel balance recorded a surplus of 2.98 billion euros in June, compared to 1.88 billion euros in May, according to data released by the Bank of Greece (BoG) on Thursday.