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Building activity starts 2026 strongly with 15.4 pct YoY rise in Jan
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Primary surplus at 4.37 bln up to March thanks to deferred spending, VAT intakes
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Despite disposable income rise in Q4, saving rate negative for five quarters in a row
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Greece unveils new batch of cost-of-living measures after robust 2025 fiscal results
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Tourism season starts strongly in Feb with receipts up 70.7 pct in first two months
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Manufacturing drives industrial turnover decline of 4.6 pct YoY in Feb
Monthly and volume retail sales data shrink in May, reflecting cost-of-living crisis
The growth in Greece’s retail sales experienced a significant slowdown in May, rising by 5.1 percent year-on-year (YoY) from a solid 18.8 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Greece’s second lockdown was introduced in November 2020 and ran into 2021, so the annual growth captures the base effect and a much-subdued retail season, even during the annual sales and leading up to Easter last year.
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