Macroeconomy
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.
Energy a key driver for 8.3 pct YoY rise in March producer prices
Greece’s Producer Price Index (PPI) jumped in March with a rise of 8.3 percent year-on-year (YoY), after a decrease of 1.7 percent in the previous month, ELSTAT data showed.
Retail sales growth remained strong in Feb with 7.2 pct YoY rise
The growth of Greece’s retail sales was stable with a rise of 7.2 percent year-on-year (YoY) in February, after a rise of 7 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed.
PMI drops to 52.4 pts in April as manufacturers feel impact of Iran conflict
Greece’s manufacturing PMI dropped to 52.4 points in April, from 54.5 points in the previous month, S&P Global data showed on Monday.