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Property prices rise by 7.3 pct YoY in Q2, index at all-time high again
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Growth treads water as PM targets relief for households
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Energy drives import price drop of 2.1 pct YoY in July
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Wages grew by 8.7 pct YoY in Q2 thanks to strong seasonal hires
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Car sales record modest rise in August, up 3.3 pct YoY in 8M
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Electricity drags industrial production down by 0.5 pct YoY in July
Reports raise questions about some economic policy decisions
Two reports published last week – the Bank of Greece’s monetary policy report and the quarterly report of the Parliamentary Budget Office - highlighted issues that have placed the government under pressure from the opposition parties over the last few months and raise questions about some of the policy decisions taken by the ruling conservatives.
The Bank of Greece (BoG) sees a sustained and rather stable growth path in the short-term, with the estimate for this year at 2.2 pct, then 2.5 pct in 2025 and 2.3 pct in the following year.
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