Macroeconomy
Building activity starts 2025 with sharp YoY drop of 17 pct in permits
Building activity started 2025 with a sharp decrease of 17 percent year-on-year (YoY) in January, after a rise of 15.6 percent in December, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Monday.
IMF leaves growth and fiscal estimates for Greece unchanged in latest outlook
The IMF released this week the latest macro and fiscal outlook in the context of the spring meetings. Its observations on Greece were in line with those in the recent Article IV consultations.
Strong set of 2024 fiscal data provides space for voter-friendly handout package
ELSTAT published on Tuesday the latest fiscal data for the 2021 to 2024 period, recording a significant primary surplus that was accompanied by an announcement from PM Kyriakos Mitsotakis of a surprise handout package worth 1.1 billion euros in support and public investments.
Industrial turnover declines marginally in Feb, led by mining and local market
Greece’s industrial turnover contracted in February, with a marginal drop of 0.3 percent year-on-year (YoY), from a 2.6 percent increase in January, according to data released by the Hellenic Statistical Authority (ELSTAT).
Travel surplus shrinks up to Feb as payments rise sharply
Greece's travel balance recorded a surplus of 90 million euros in February, compared to 87.5 million euros in January, according to data released by the Bank of Greece (BoG) on Tuesday.
Feb current account deficit improves YoY to 2.49 bln as impact of energy moderates
Greece’s current account was in deficit in February of 2.49 billion, from a surplus of 1.2 billion euros in January, Bank of Greece (BoG) data showed.
Solid taxes and significant underspend push primary surplus 3.88 bln above target in Q1
The budget primary balance ran a surplus of 4.49 billion euros in Q1, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday.
Car sales rise 4.9 pct YoY in Mar, down 1.7 pct in Q1
Vehicles going into circulation for the first time grew by 6.9 percent year-on-year (YoY) in March, after a decrease of 1.2 percent in February, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
Energy leads drop as import price index falls by 0.5 pct YoY in Feb
Greece’s import price index posted a marginal drop in February, with a 0.5 percent year-on-year (YoY) decrease, after a 0.1 percent rise in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
Industrial production records marginal drop of 0.1 pct YoY in Feb due to electricity supply
Greece’s Industrial Production Index (IPI) slowed further in February with a 0.1 percent year-on-year (YoY) decline, after a 2.7 percent increase in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.