Macroeconomy
Trade deficit widens by 14.3 pct YoY in Feb as exports face challenges
Greece’s trade deficit jumped by 14.3 percent year-on-year (YoY) in February, after a drop of 0.9 percent in January, according to data released by ELSTAT on Wednesday.
BoG sees Greek growth resilience, highlights global risks
The Bank of Greece published on Tuesday its latest financial stability report, noting continued signs of resilience in the Greek economy, although the outlook is affected by heightened geopolitical risks.
Energy a key driver for 8.3 pct YoY rise in March producer prices
Greece’s Producer Price Index (PPI) jumped in March with a rise of 8.3 percent year-on-year (YoY), after a decrease of 1.7 percent in the previous month, ELSTAT data showed.
Retail sales growth remained strong in Feb with 7.2 pct YoY rise
The growth of Greece’s retail sales was stable with a rise of 7.2 percent year-on-year (YoY) in February, after a rise of 7 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed.
PMI drops to 52.4 pts in April as manufacturers feel impact of Iran conflict
Greece’s manufacturing PMI dropped to 52.4 points in April, from 54.5 points in the previous month, S&P Global data showed on Monday.
Credit growth stable at 7.4 pct YoY in March, led by business loans
Credit expansion in the Greek private sector remained strong in February, rising by 7.4 percent year-on-year (YoY), from 7.6 percent the previous month, Bank of Greece (BoG) figures released on Wednesday showed.
Deposits rise by 2.13 bln in March, up to 209.75 bln
Private sector deposits rose in March, with a net inflow of 2.13 billion euros, after a drop of 440 million euros in February, according to the latest Bank of Greece (BoG) figures released on Wednesday.
Economic sentiment slides further in April, consumer confidence lowest in four years
Greece’s economic sentiment (ESI) deteriorated further in April, with the index at 105.7 points, from 106.8 in the previous month, according to European Commission figures released on Wednesday.
Unemployment rate continues to rise in March, reaching 9 pct
Greece’s seasonally adjusted (SA) unemployment rate edged up further to 9 percent in March, from a slightly upwards revised 8.6 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Building activity starts 2026 strongly with 15.4 pct YoY rise in Jan
Building activity picked up pace in January, with a rise of 15.4 percent year-on-year, after an increase of 0.9 percent YoY seen in December, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Tuesday.