Macroeconomy
Energy pushes import prices up by 11.4 pct YoY in Mar, highest since Dec 2022
Greece’s import price index jumped by 11.4 percent year-on-year (YoY) in March, after a 3.2 percent decrease in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
Car sales drop 4.6 pct YoY in Apr, up 3.3 pct in 4M
Vehicles going into circulation for the first time had marginal gains of 0.6 percent year-on-year (YoY) in April, after a jump of 16.5 percent in March, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.
Iran war begins to bite as costs rise and confidence falls
The impact of the protracted Iran conflict is now filtering into the Greek economy and is reflected in hard data and sentiment indicators covering periods after the war began at the end of February.
Electricity supply pushes industrial production up 8.3 pct YoY in March
Greece’s Industrial Production Index (IPI) accelerated in March with a rise of 8.3 percent year-on-year (YoY), from 2.3 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.
Fitch leaves rating at 'BBB' and outlook unchanged, sees strong fiscal performance
Fitch reaffirmed on Friday Greece’s rating at ‘BBB’ with a stable outlook, citing stronger fiscal and macroeconomic fundamentals, resilient growth, and improved policy credibility, while noting that the country still faces structural vulnerabilities stemming from the debt crisis.
Trade deficit narrowed by 30.5 pct YoY in Mar, down 7.2 pct in Q1
Greece’s trade deficit fell sharply in March with a 30.5 percent year-on-year (YoY) drop, after a jump of 14.3 percent in February, according to data released by ELSTAT on Friday.
CPI at 5.4 pct YoY in April - highest since early 2023
Greece’s Consumer Price Index (CPI) accelerated significantly in April with a rise of 5.4 percent year-on-year (YoY), from 3.9 percent in the previous month, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT).
BoG outlines factors hampering affordability in Greek housing market
The Bank of Greece, in its latest financial stability report, examines the housing market and the factors shaping trends in recent years.
Trade deficit widens by 14.3 pct YoY in Feb as exports face challenges
Greece’s trade deficit jumped by 14.3 percent year-on-year (YoY) in February, after a drop of 0.9 percent in January, according to data released by ELSTAT on Wednesday.
BoG sees Greek growth resilience, highlights global risks
The Bank of Greece published on Tuesday its latest financial stability report, noting continued signs of resilience in the Greek economy, although the outlook is affected by heightened geopolitical risks.