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Energy drives drop of 2.1 pct YoY in producer prices at close of 2025
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Retail sales growth slows to 1.7 pct YoY in Nov on back of sharp drop in fuel transactions
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Unemployment rate down to 7.5 pct in Dec, lowest since Nov 2008
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Building activity on the mend with 13.5 pct YoY rise in Oct
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Disposable income records modest 1.9 pct YoY rise in Q3, saving rate again negative
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Strong primary surplus of over 8 bln at close of 2025 as spending is contained
EC doubles 2023 growth forecast to 2.4 pct, affirms 2.5 pct of GDP primary surplus next year
The European Commission upped its outlook on Greece for this year in its latest forecast published on Monday. It now expects the Greek economy to grow by 2.4 pct in 2023, from 1.2 seen in the previous estimate in February.
Although growth is seen slowing significantly from the 5.9 pct recorded last year, this year’s performance will be supported by both domestic and external demand.
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