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Industrial production jumps 5.8% YoY in Aug, led by electricity supply
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CPI accelerates to 5% YoY in Sep as energy dominates
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Trade deficit widens by 3.6% YoY in Aug, at 21.18 bln over eight months
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Volatile energy and bond markets tighten pressure on government
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Draft budget for 2027 foresees positive growth and fiscal outlook in uncertain times
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Manufacturing stays in expansion in Sep despite slight PMI moderation
Deposit interest rates largely unchanged in April, average loan rate increases
Greek households’ new time deposit rate edged up by 2 basis points (bps) to 0.68 percent in April, Bank of Greece (BoG) figures showed on Friday.
The modest increase is the first rise in the time deposit rate since August 2016. It remains close to its historical low and 26 bps higher than the euro area average rate of 0.42 percent.
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