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Import prices rise moderates to 6.9% YoY in June as energy continues to dominate
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Car sales slowed in July as drop in new vehicle sales prompts 3.9% YoY fall
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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
Growth treads water as PM targets relief for households
Ahead of the PM’s recent keynote speech and extensive press conference at the Thessaloniki International Fair, ELSTAT released the latest set of GDP data for Q2, where the Greek economy’s annual growth slightly moderated to 1.7 pct year-on-year (YoY), from a 2.1 pct YoY rise in Q1.
On a quarterly basis (QoQ), Q2 GDP grew by 0.6 pct QoQ, from 0.1 pct in the previous quarter.
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