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Manufacturing grows in Aug thanks to rise in new sales: optimism highest since 2024
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Growth of retail sales slows to 4.2% YoY in July as volumes data reveals price pressure
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Unemployment rate stable at 7.9% in July
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Energy propels 11.8% YoY increase in producer prices, as all categories rise
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Building activity eases in May with marginal 0.8% YoY drop
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Economic sentiment moderates further in Aug, as consumer confidence rises
BoG sees 2.3 pct growth this year, urges reforms to restore per capita GDP to pre-crisis levels
The Bank of Greece published its latest monetary policy report, which re-affirms the growth outlook for this year, the challenges that lie ahead for the new Greek government as well as an array of policy recommendations.
BoG says that the economy will grow by 2.3 pct this year, which is more moderate than the 6 pct noted last year, as the downturn in the eurozone is reflected and domestic private demand growth is seen normalizing.
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