Macroeconomy
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.
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.
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.
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.
Building activity slows in April with 4.2% YoY rise
Building activity growth slowed significantly in April, with a rise of 4.2 percent year-on-year (YoY), after a jump of 22.3 percent in the previous month, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Tuesday.
Business loans drive 7.7% YoY credit growth in June
Credit expansion in the Greek private sector remained strong in June, rising by 7.7 percent year-on-year (YoY), from 7.4 percent the previous month, Bank of Greece (BoG) figures released on Monday showed.
Corporate inflows in June push deposits to highest point since April 2010
Private sector deposits rose strongly in June, with a net inflow of 8.76 billion euros, after a solid rise of 5.31 billion euros in May, according to the latest Bank of Greece (BoG) figures released on Monday.
VAT and underspend drive budget outperformance in first six months
The budget primary balance was confirmed at a surplus of 4.49 billion euros for June, compared to a surplus of 4.52 billion euros a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday.
Q1 disposable income up 3.2% YoY, saving rate negative for six straight quarters
Household disposable income increased by 3.2 percent year-on-year (YoY) in Q1 2026, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.