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Energy propels 11.8% YoY increase in producer prices, as all categories rise
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Building activity eases in May with marginal 0.8% YoY drop
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Economic sentiment moderates further in Aug, as consumer confidence rises
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Credit expansion growth slowed to 6.8% in July due to loans to businesses
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Deposits drop by 2 bln in July, driven by corporations
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Budget continues to perform strongly in July as VAT beats target by over 1 bln
Economic sentiment improves again in Aug, consumer confidence climbs by 4.5 pts
Greece’s economic sentiment (ESI) continued in August its steady rise over the last three months as it edged up by 0.8 points although this was smaller than the 4.5-point increase in the previous month, European Commission (EC) figures revealed on Wednesday.
The notable improvement in ESI since May is attributed to the conclusion of the second programme review at the start of the summer, which lifted months of uncertainty and improved the general sentiment.
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