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Travel receipts maintain momentum in May with 17.7 pct YoY rise
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Significantly improved oil balance pushes current account to 196.5 mln surplus in May
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Industrial turnover resumes growth after 3 months, rising by 2.6 pct YoY in May
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Strong tax revenues, underspend push primary surplus 2.43 bln above target up to June
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Energy drives drop of 4.2 pct YoY in import prices drop for June
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Car sales rise by 6 pct YoY in Jun, up 3.1 pct in first half of year
Despite further slowdown, property prices grew by 10.4 pct in Q1
The growth in the nominal value of apartments in Greece continued at a steady pace in the first quarter of 2024, increasing by 10.4 percent year-on-year (YoY) from an upwards revised 12.4 percent in Q4 2023, Bank of Greece (BoG) data released on Tuesday showed.
There has been a gradual slowdown from the peak of Q1 2023, when prices grew by 15.6 percent. The index stood at 98 points in Q1, at 88.8 in Q1 last year, and 95.5 points in Q4 2023. The index peak was in Q3 2008 when it was at 102.2 points.
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