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Business loans and consumer credit drive 6% YoY expansion in September
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Corporations raise private sector deposits to highest level since March 2010
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Building activity contracts by 8.3% YoY in July
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VAT continues to drive budget performance in Sep, at 1.4 bln euros above target
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Greece heads for another record tourism season after strong August receipts
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Energy and capital goods drive 17.8% YoY rise in industrial turnover for Aug
Revision of GDP to have varied knock-on effect
The Hellenic Statistical Authority (ELSTAT) released this week the second estimate for 2023 GDP, along with some benchmark revisions of the base year to 2020 and the years prior, starting at 1995.
ELSTAT revised up the growth outcome for last year, from 2 pct in the March first estimate to 2.3 pct, while of prior years was also revised upwards to 5.7 and 8.7 pct for 2022 and 2021, respectively.
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