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Industrial Production slows to 1.1% YoY in June as only manufacturing grows
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Trade deficit continues to drop, falling by 5% in H1
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CPI slows to 3.4% YoY in July as energy effects moderate
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Manufacturing conditions continued to improve in July, despite cost pressures
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Fuels propel 10.1% rise in retail sales for May despite volume drop
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Eurobank profits at 738 mln in H1, commissions jump by 13.5% to 414 mln
OECD report underlines sobering reality of economic recovery
The latest hit to efforts to create a buzz around the Greek economy came this week from the OECD’s How’s Life 2024 report, with the challenges outlined in an op-ed by the country’s representative at the Paris-based think-tank a few days ago.
The report has limitations as the latest available data for certain indicators is from 2022. However, they capture the full first term of the current government and its effect on the well-being of Greeks.
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