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  1. Jump in corporate deposits takes balance to highest since Jan 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    The 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

    2%

  2. Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’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

    2%

  3. Producer prices on six-month run of rises after 1.6 pct YoY increase in Jun

    EconomyMacroeconomy

    by 1.1 percent, from a drop of 1.5 percent in the previous month. Over the rolling 12-month period

    2%

  4. NBG net profits at 701 mln, commissions income rises 8 pct YoY to 221 mln
    Image: NBG

    EconomyBanking

    National 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

    2%

  5. CPI accelerates to 3.1 pct YoY in July, rents up 11.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    with a drop of 1.1 percent YoY. After moderating for nearly three quarters below the headline CPI

    2%

  6. Mining drives growth of 0.5 pct YoY in industrial production for June
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    in manufacturing, and a 16.2 percent increase in mining, partially offset by a 3 percent drop in water

    2%

  7. Industrial turnover stable in June after marginal 0.1 pct YoY rise

    EconomyMacroeconomy

    by 0.8 percent, from a 0.4 percent drop in the previous period. Manufacturing revenue dropped by 0.1

    2%

  8. Energy drives 0.5 pct YoY fall in July producer prices as other components rise
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyMacroeconomy

    Greece’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

    2%

  9. Seasonal factors take unemployment rate to 8.6 pct in Q2 - lowest since 2008
    Photo by MacroPolis

    EconomyMacroeconomy

    drop by 12 percent compared to the same quarter of 2024. The number of people employed amounted

    2%

  10. Jobs in education lead negative hiring balance of 20,728 in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s employment balance was negative in July with 20,728 more departures then hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in July last year had 34,979 more departures. This led to a year-on-year drop of 14,250 fewer departures. However

    2%