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  1. Construction continues recovery in Aug, down 8.4 pct YoY over 8 months
    Image: MacroPolis

    EconomyMacroeconomy

    Commission’s latest business sentiment indicators for November showed that construction confidence

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  2. Credit growth slows to 7.8 pct YoY in Oct
    Photo via https://flic.kr/p/95a2dS

    EconomyMacroeconomy

    . The outstanding balance was 125.18 billion euros. The corporate lending balance’s net monthly flow

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  3. Deposits drop of 2.13 bln in Oct driven by businesses
    Photo via https://flic.kr/p/5Yb76K

    EconomyMacroeconomy

    The Greek banking system’s private sector deposits fell significantly in October, with a net drop of 2.13 billion euros, after a rise of 2.65 billion euros in August, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth in October was 5.6 percent year on year

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  4. Energy leads 1.4 pct YoY drop in producer prices for Oct

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) remained in contraction in October, with a drop of 1.4 percent year-on-year (YoY), after a decrease of 1.1 percent in September, ELSTAT data showed on Friday. This was the fourth decline of the year, following six consecutive positive readings. The index had

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  5. PMI drops marginally in Nov amid declining export orders and rising input costs
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    Greece’s manufacturing PMI recorded a drop in November to 52.7 points, from 53.5 points in the previous month, S&P Global data showed on Monday. The data indicates a modest but continued improvement in operating conditions, with the sector now in nearly three years of uninterrupted monthly growth

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  6. Quarterly unemployment eases to 8.2 pct in Q3, lowest since end-2008
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s non-seasonally adjusted quarterly unemployment rate dropped in Q3, landing at 8.2 percent, from 8.6 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The jobless rate in the third quarter of 2024 was 9 percent. The current levels

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  7. Consumption and investments drive Q3 GDP growth of 2 pct YoY
    Image: MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP grew modestly in Q3, rising by 0.6 percent quarter-on-quarter (QoQ), from a downward revised 0.4 percent increase in Q2, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ

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  8. Trade deficit drops sharply in Oct, down 6 pct in 10M
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit fell sharply by 18.4 percent year-on-year (YoY) in October, after a drop of 13.6 percent in September, according to data released by ELSTAT on Monday. The deficit came to 2.65 billion euros for October. Imports totalled 6.91 billion euros, falling by 5 percent YoY. Exports

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  9. CPI accelerates to 2.4 pct YoY in Nov, housing costs up 3.7 pct
    By Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) accelerated in November with a rise of 2.4 percent year-on-year (YoY), from 2 percent in the previous month, according to the data released on Tuesday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period was stable

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  10. Wages index growth slows to 7.4 pct YoY in Q3
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index grew by 7.4 percent year-on-year (YoY) in Q3, from 9.3 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Monday. The wages index captures employees’ gross earnings, including salaries, bonuses, extraordinary

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