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CPI captures rise in housing costs with 7.2 pct YoY increase, headline up 2.8 pct
EconomyMacroeconomyin transport with a drop of 1.4 percent YoY. After moderating for nearly three quarters below
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Industrial turnover resumes growth after 3 months, rising by 2.6 pct YoY in May
EconomyMacroeconomypercent drop in the previous period. Manufacturing revenue rose by 2.3 percent YoY, with the mining
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Jump in corporate deposits takes balance to highest since Jan 2011
EconomyMacroeconomyThe Greek banking system’s private sector deposits grew strongly in June, with a net increase of 5.1 billion euros, after a 1.22-billion-euro drop in May, according to the latest Bank of Greece (BoG) figures released on Friday. The annual growth in June was 5.3 percent year on year (YoY), from 4.8
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Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
EconomyMacroeconomyGreece’s employment balance was positive in June with 15,668 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in June last year had 23,961 more hires. This led to a year-on-year drop of 8,293 jobs, although it should be noted
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Producer prices on six-month run of rises after 1.6 pct YoY increase in Jun
EconomyMacroeconomyby 1.1 percent, from a drop of 1.5 percent in the previous month. Over the rolling 12-month period
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NBG net profits at 701 mln, commissions income rises 8 pct YoY to 221 mln
EconomyBankingNational Bank of Greece (NBG) reported a profit after tax of 701 million euros in H1, compared to a profit of 708 million euros in H1 2024, a drop of 1 percent year-on-year (YoY). Attributable profit was 697 million euros, compared to 670 million euros in 2024, a 4 percent annual rise. P&L Net
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CPI accelerates to 3.1 pct YoY in July, rents up 11.3 pct
EconomyMacroeconomywith a drop of 1.1 percent YoY. After moderating for nearly three quarters below the headline CPI
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Mining drives growth of 0.5 pct YoY in industrial production for June
EconomyMacroeconomyin manufacturing, and a 16.2 percent increase in mining, partially offset by a 3 percent drop in water
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Industrial turnover stable in June after marginal 0.1 pct YoY rise
EconomyMacroeconomyby 0.8 percent, from a 0.4 percent drop in the previous period. Manufacturing revenue dropped by 0.1
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Energy drives 0.5 pct YoY fall in July producer prices as other components rise
EconomyMacroeconomyGreece’s Producer Price Index (PPI) recorded a minor contraction in July, with a drop of 0.5 percent year-on-year (YoY), after an increase of 1.6 percent in June, ELSTAT data showed on Friday. This is the first contraction of the year, following six consecutive positive readings. The index had
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