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  1. Affected by drop in fuel sales, rise in retail figures moderates to 1.2 pct YoY
    Image: https://flic.kr/p/2j6Tdii

    EconomyMacroeconomy

    Greece’s retail sales slowed significantly with a rise of 1.2 percent year-on-year (YoY) in March, after growth of 6.3 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index also had a modest rise of 0.3 percent YoY, from 5.6 percent

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  2. Scope leaves rating at 'BBB' and outlook unchanged at stable
    Photo by MacroPolis

    Economy

    Scope Ratings completed the latest monitoring process for Greek government bonds (GGBs) and the agency decided to keep Greece’s rating at ‘BBB’ with a stable outlook. In December last year, Scope had... forecasts primary surpluses of 2.5 pct and 2.4 pct of GDP this year and next, a fiscal picture

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  3. Deposits slide by 795 mln in Apr, dropping to 198.37 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    The contraction in the Greek banking system’s private sector deposits resumed in April, with a net decrease of 795 million euros, after a 2.41-billion-euro rise in March, according to the latest Bank of Greece (BoG) figures released on Friday. The annual growth in April was 4.2 percent year on year

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  4. Credit growth stays strong in April with 10.9 pct YoY rise, credit to corporations stalls MoM
    Photo via https://flic.kr/p/GG7K6F

    EconomyMacroeconomy

    The credit expansion in the Greek private sector remained strong in April, rising by 10.9 percent year-on-year (YoY), from 10.3 percent in the previous month, Bank of Greece (BoG) figures released on Friday showed. The net lending flow was negative by 98 million euros after an inflow of 1.95

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  5. Growth in property prices stable at 6.8 pct YoY in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in the nominal value of apartments in Greece slowed marginally in the first quarter of 2025, increasing by 6.8 percent year-on-year (YoY) from an upwards revised 7 percent in Q4 2024, Bank of Greece (BoG) data released on Monday showed. There has been a gradual slowdown from the growth

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  6. OECD sees stable growth path of 2 pct in 2025, long-term challenges persist
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    in Q4. Travel receipts rose modestly (1.8 pct year-on-year) but slower than previous years. While

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  7. Electricity drives drop of 4.3 pct YoY in Apr industrial production

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) fell sharply in April with a drop of 4.3 percent year-on-year (YoY), after a rise of 1.6 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. This is the first negative reading since October 2024

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  8. Wage index continues to rise in Q1 with 5.9 pct YoY growth
    Photo via https://flic.kr/p/2mWYuuz

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index grew by 5.4 percent year-on-year (YoY) in Q1, from 5.8 percent in the last quarter of 2024, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The wages index captures employees’ gross earnings, including salaries, bonuses, extraordinary

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  9. Energy a main factor in decline of April import prices by 6.3 pct YoY
    Image via www.helpe.gr

    EconomyMacroeconomy

    Greece’s import price index continued its contraction in April, with a sharp drop of 6.3 percent year-on-year (YoY), after a 2.5 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index has now been in contraction for eight

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  10. Car registrations rise by 13.5 pct YoY in May to highest since 2010

    EconomyMacroeconomy

    Vehicles going into circulation for the first time rose by 16.3 percent year-on-year (YoY) in May, after an decrease of 2.1 percent in April, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. In May 2024, licences had dropped by 0.8 percent annually. Car sales in May

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