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  1. CPI stabilises at 2.5 pct in Feb, housing costs and rents continue to climb

    EconomyMacroeconomy

    The growth in Greece’s Consumer Price Index (CPI) appears to have stabilised in the recent months, with a rise of 2.5 percent year-on-year (YoY) in February, from 2.7 percent in the previous month, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT). The average

    2%

  2. Slowdown in vehicle market continues in Feb, led by lower sales of new cars
    Photo by MacroPolis

    EconomyMacroeconomy

    Vehicles going into circulation for the first time contracted by 1.2 percent year-on-year (YoY) in February, after a decrease of 7.4 percent in January, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. In February 2024, licences had grown by 21.2 percent annually. Car

    2%

  3. Import prices rise by 0.1 pct YoY in Jan, led by energy and non-durables
    Image: https://flic.kr/p/Tsun9u

    EconomyMacroeconomy

    Greece’s import price index started the new year virtually unchanged, with a 0.1 percent year-on-year (YoY) rise increase in January, after a 0.6 percent rise in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The previous month was the first

    2%

  4. Primary surplus lands at 2.72 bln up to Feb, tax collections remains strong

    EconomyMacroeconomy

    The budget primary balance ran a surplus of 2.72 billion euros up to February, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday. The primary balance came in at 692 million euros above the target. Expenditure, excluding interest payments

    2%

  5. Property price rise slows to 8.7 pct in 2024, from 13.9 pct jump in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in the nominal value of apartments in Greece slowed further in the last quarter of 2024, increasing by 6.6 percent year-on-year (YoY) from an upwards revised 8.1 percent in Q3 2024, Bank of Greece (BoG) data released on Thursday showed. There has been a gradual slowdown from the growth

    2%

  6. Newsletter 456 - 21/03/2025

    Newsletters

    upgrading in the same year. However, during that period, data based on purchasing power parity, presented

    2%

  7. Current account at 1 bln surplus in Jan, goods deficit at 2.91 bln
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    Greece’s current account was in surplus in January of 1.02 billion, from a deficit of 3.6 billion euros in December, Bank of Greece (BoG) data showed on Monday. In January 2024, the balance showed a surplus of 1.8 billion euros. The Bank of Greece notes that this is mainly due to a deterioration

    2%

  8. Moody's upgrade underlines gap between economic story and reality for households

    Economy

    that period, data based on purchasing power parity, presented in a study by the economics research

    2%

  9. Jan travel balance at 87.5 mln as 30 pct rise in payments offsets receipts increase
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 87.5 million euros in January, compared to 149.9 million euros in December, according to data released by the Bank of Greece (BoG) on Wednesday. The January balance was 24.5 percent lower than the 115.9 million euros recorded in January 2024. Receipts

    2%

  10. Feb prim surplus confirmed at 2.8 bln, as taxes remain strong and spending contained

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 2.8 billion euros by February, compared to a surplus of 3.38 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Wednesday. By February, the budget primary balance

    2%