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CPI stabilises at 2.5 pct in Feb, housing costs and rents continue to climb
EconomyMacroeconomyThe 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
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Jan trade deficit at 2.81 bln after rising by 8.5 pct YoY
EconomyMacroeconomyGreece’s trade deficit rose by 8.5 percent year-on-year (YoY) at the start of 2025, after a drop of 9 percent in December, according to data released by ELSTAT on Monday. The deficit came to 2.81 billion euros for January. Imports totalled 6.91 billion euros, rising by 4.7 percent YoY. Exports
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Mitsotakis shakes up cabinet in bid to escape Tempe backlash
PoliticsGreek Politicscame under increasing pressure over the handling of the Tempe train crash, Greece’s deadliest rail
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Corporate lending drives 10.5 pct YoY rise in credit expansion
EconomyMacroeconomybalance was 122.82 billion euros. The corporate lending balance’s net monthly flow was positive by 1.44
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Building activity ended 2024 strongly, permits up 14.9 pct in 2024
EconomyMacroeconomyand 2,549 permits, most permits were in Attica with 6,848. The European Commission’s latest business
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PMI rise in Mar signals strong expansion, input costs at highest since 2022
EconomyMacroeconomyGreece’s Manufacturing PMI saw a solid rise in March, when it reached 55 points from 52.6 points in the previous month, according to S&P Global data released on Tuesday. Greek manufacturing saw strong expansion at the end of the first quarter, with production rising at the fastest pace since April
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Trade deficit shrinks 18.3 pct YoY in Feb as imports decline
EconomyMacroeconomyGreece’s trade deficit dropped sharply by 18.3 percent year-on-year (YoY) in February, after a rise of 8.5 percent in January, according to data released by ELSTAT on Monday. The deficit came to 2.44 billion euros for February. Imports totalled 6.48 billion euros, dropping by 7.7 percent YoY
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CPI at 2.4 pct in Mar as housing rises by 5.9 pct and food picks up pace again
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) has stabilised in the recent months, with a rise of 2.4 percent year-on-year (YoY) in March, from 2.5 percent in the previous month, according to the data released on Wednesday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling
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Building activity starts 2025 with sharp YoY drop of 17 pct in permits
EconomyMacroeconomypercent growth and 2,549 permits, most permits were in Attica with 6,848. The European Commission’s
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Credit growth stays strong at 10.3 pct YoY in Mar due to corporate lending
EconomyMacroeconomyeuros. The corporate lending balance’s net monthly flow was positive by 1.87 billion euros, after
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