Economy
CPI slows to 3.4% YoY in July as energy effects moderate
Greece’s Consumer Price Index (CPI) growth further decelerated in July with a rise of 3.4 percent year-on-year (YoY), from 4.4 percent in the previous month, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT).
Manufacturing conditions continued to improve in July, despite cost pressures
Greece’s manufacturing PMI rose to 54.3 points in July, from 53.8 points in the previous month, S&P Global data showed on Wednesday.
Alpha records 497.2 mln profit in H1, commissions jump by 34% YoY
Alpha Bank reported a net profit of 497.2 million euros in H1, compared to a profit of 522.2 million euros in H1 2025, a drop of almost 5 percent.
Fuels propel 10.1% rise in retail sales for May despite volume drop
The growth of Greece’s retail sales accelerated with 10.1 percent year-on-year (YoY) rise in May, after an increase of 4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.
Eurobank profits at 738 mln in H1, commissions jump by 13.5% to 414 mln
Eurobank posted a net profit of 738 million euros in H1 2026, from 691 million euros a year earlier, up by 6.8 percent year-on-year (YoY).
NBG profits at 661 mln in H1, net interest income at 1.1 bln
National Bank of Greece (NBG) reported a profit after tax of 661 million euros in H1, compared to a profit of 701 million euros in H1 2025, a drop of almost 6 percent year-on-year (YoY).
Producer price index slows to 8.8% YoY in June, as energy continues to have impact
Greece’s Producer Price Index (PPI) decelerated in June to 8.8 percent year-on-year (YoY), after a rise of 13.5 percent in the previous month, ELSTAT data showed on Thursday.
Economic sentiment moderates slightly in July, while consumer confidence rises
Greece’s economic sentiment (ESI) slightly moderated in July, with the index at 107.6 points, from 108.2 in the previous month, according to European Commission figures released on Thursday.
Net interest income and fees push Piraeus Bank profits to 617 mln in H1
Piraeus Bank posted a net profit of 615 million euros in H1 this year, from 556 million euros in H1 2025.
Unemployment rate stable at 8% in June
Greece’s seasonally adjusted (SA) unemployment rate was broadly stable in June at 8 percent, from a downward revised 7.8 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.