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Manufacturing remains in expansion despite October slowdown
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Energy powers producer price jump of 20.4% YoY in Sep, highest since 2022
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Inflation and high tourism season push retail sales up by 8.2% in August
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Unemployment broadly steady at 7.6% in September
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Economic sentiment moderates in Oct as consumer confidence falls sharply
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Business loans and consumer credit drive 6% YoY expansion in September
Strong economic indicators continue, but household pressures persist
The complex landscape the Greek government has to contend with was highlighted by economic developments last week, as positive events were repeatedly overshadowed by the pressure points affecting households and businesses.
On October 23, S&P became the latest rating agency to publish its review, keeping Greece at ‘BBB’ with a stable outlook. The assessment was broadly in line with those of other leading rating agencies, noting positive progress on the fiscal and debt fron...
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