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  1. Credit growth stays strong in April with 10.9 pct YoY rise, credit to corporations stalls MoM
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    EconomyMacroeconomy

    billion euros. The corporate lending balance’s net monthly flow was negative by 94 million euros

    1%

  2. Finance Ministry seeks solutions to address growing housing problem

    Economy

    aggravate the trend of rising rents. The government’s intentions to make rent payments only via bank

    1%

  3. Quarterly unemployment edges up to 10.4 pct in Q1 on back of seasonal factors
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    EconomyMacroeconomy

    Greece’s non-seasonally adjusted quarterly unemployment rate picked up in Q1, rising to 10.4 percent, from 9.5 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The jobless rate in the first quarter of 2024 was 12.1 percent. The current levels

    1%

  4. Trade data captures reflects challenges as exports fall 14.5 pct in Apr
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    EconomyMacroeconomy

    Greece’s trade deficit dropped by 6.9 percent year-on-year (YoY) in April, after a sharp rise of 25.3 percent in March, according to data released by ELSTAT on Friday. The deficit came to 2.84 billion euros for April. Imports totalled 6.67 billion euros, dropping by 11.4 percent YoY. Exports

    1%

  5. CPI increases to 2.5 pct YoY in May, housing costs soar by 6 pct

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) picked up pace in May with a rise of 2.5 percent year-on-year (YoY) in May, from 2 percent in the previous month, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period was 2.5

    1%

  6. Wage index continues to rise in Q1 with 5.9 pct YoY growth
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    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

    1%

  7. Building activity collapses by 41.3 pct YoY in Mar due to uncertainty over construction code
    Image: MacroPolis

    EconomyMacroeconomy

    . The European Commission’s latest business sentiment indicators for May showed that construction confidence

    1%

  8. Rise in producer prices accelerates to 2 pct YoY in May for fifth straight increase
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    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) picked up pace in May, with a rise of 2 percent year-on-year (YoY), after an increase of 0.5 percent in April, ELSTAT data showed on Monday. This is the fifth consecutive positive reading after a period of contraction that started in March 2023. The index had

    1%

  9. Lending to corporations drives credit growth of 11.3 pct YoY in May
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    EconomyMacroeconomy

    billion euros. The corporate lending balance’s net monthly flow was positive by 471 million euros

    1%

  10. Deposits resume rise in May, reaching 199.61 bln

    EconomyMacroeconomy

    Greek banking system’s private sector deposits grew in May, with a net increase of 1.22 billion euros, after a 795-million-euro drop in April, according to the latest Bank of Greece (BoG) figures released on Monday. The annual growth in May was 4.7 percent year on year (YoY), from 4.2 percent

    1%