Greece Economy & Greece Markets Data analytics

Home » Greece: Latest News, Market Trends & Economic Insights

MacroVar monitors real-time economic, financial and geopolitical developments for the Greece economy and Greece markets by analyzing financial, economic data and real-time news using statistical models. To help you forecast and analyze economic and financial developments, our team provides you with explanations of the theory and structure of our models and access to financial and economic data.

Greece Overview 
Image 1

Greece Overview presents the current trends and dynamics of the major Greece financial markets and economic indicators. Select Details to get more information for each indicator, use Factors to monitor current statistical analysis of financial & economic factors affecting the specific asset, and select research to read the latest MacroVar research for the specific asset/indicator.


Symbol Price 1D% MoM% YoY% M T B Details
Athens General Composite ATG 1464.48 -0.33 0.05 14.85 blank
Description
Greece 6-months bond yield GR.6M 2.75 -5.63 -0.09 -27.08 blank
Description
Greece 10-Year Bond Yield GR.10Y 3.06 1.33 -0.05 1.36 blank
Description
Manufacturing PMI gr.manpmi 50.8 -4 -4 1 blank
Description
ESI - Economic Composite gr.esi.conf 106.1 -1 -1 1 blank
Description
Symbol Price 1D% MoM% YoY% M T B Details
Athens General Composite ATG 1464.48 -0.33 0.05 14.85 blank
Description
Greece ETF GREK 41 -0.25 0.05 7.9 blank
Description
Greece 6-months bond yield GR.6M 2.75 -5.63 -0.09 -27.08 blank
Description
Greece 10-Year Bond Yield GR.10Y 3.06 1.33 -0.05 1.36 blank
Description
Greece Yield Curve GR.YC 0.31 192.45 0.52 -189.6 blank
Description
Symbol Price 1D% MoM% YoY% M T B Details
ESI - Economic Composite gr.esi.conf 106.1 -1 -1 1 blank
Description
Manufacturing PMI gr.manpmi 50.8 -4 -4 1 blank
Description
GDP Growth (annual) gr.gdpgrowthan 2.4 4 4 -79 blank
Description
Inflation CPI gr.inflationcpi 2.4 0 0 -27 blank
Description
Unemployment rate gr.unemploymentrate 9.8 4 4 -9 blank
Description
Symbol Price 1D% MoM% YoY% M T B Details
Athens General Composite ATG 1464.48 -0.33 0.05 14.85 blank
Description
Greece 6-months bond yield GR.6M 2.75 -5.63 -0.09 -27.08 blank
Description
Greece 10-Year Bond Yield GR.10Y 3.06 1.33 -0.05 1.36 blank
Description

Greece Market News

  
Image 1

Time Headlines
2024-07-04 08:44 German Industrial Orders MoM Actual -1.6% (Forecast 0.5%, Previous -0.2%)
2024-07-02 05:40 Treasuries Are Hit as US election risks come into focus - US Market Wrap
2024-07-02 05:40 ECB's President Lagarde: It will take time to be certain that inflation is on track.
2024-07-02 05:40 ECB's President Lagarde: A strong labour market means we have time to gather information.
2024-07-02 05:40 ECB's President Lagarde: The strong labor market allows the ECB to gather enough data.
2024-07-02 05:40 ECB's President Lagarde: A soft landing for the euro zone economy is not guaranteed.
2024-07-02 05:40 ECB's Wunsch: I would need convincing to cut more than twice this year.
2024-07-02 05:40 ECB's Wunsch: We would need convincing to cut more than twice this year.
2024-07-02 05:40 ECB's Wunsch: Market pricing on the ECB rate path looks reasonable.
2024-07-02 05:40 ECB's Simkus: We shouldn't limit rate moves to projection meetings.

Greece Economic Sectors

 
MacroVar analyzes in detail the dynamics of the Greece economy by economic sector and subsector based on data obtained from Eurostat. MacroVar presents for free current dynamics of Greece economic sectors.


Sectors Last Previous Trend Momentum Trend MoM% QoQ% YoY%
General Economic Conditions 110.6 111.0 blank blank blank -0 2 1
Manufacturing sector 3.8 3.6 blank blank blank 6 -21 -7
Services sector 50.7 52.5 blank blank blank -3 28 47
Retail sector 16.8 16.6 blank blank blank 1 409 0
Consumer sector -42.7 -43.8 blank blank blank -3 -4 38
Construction sector 15.9 6.3 blank blank blank 152 83 -345
Employment dynamics 116.7 122.6 blank blank blank -5 -1 -3
Greece's detailed economic sector analysis by subsectors and industries is only available to Premium users.

Upgrade your membership to get access
">Check Subsector analysis details


Greece Economic Calendar

  blank
Economic calendar presents real-time updates for actual, forecasts and consensus values of economic indicators and updates related to the Greece economy.


Greece Economic Overview

  
Image 1

Greece economic overview presents a snapshot of US current economic conditions. You can find details for the Greece economy subsections by exploring the sections below.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
ESI - Economic Composite gr.esi.conf 106.1 106.9 -1 1 Down UP
Industrial New Orders gr.man.orders -7.8 -11.1 -30 -48 UP UP
Industrial Prices gr.man.priceexp 7.3 7.1 3 -297 UP UP
Manufacturing PMI gr.manpmi 50.8 52.9 -4 1 Down UP
Industrial Confidence gr.esi.man 5.2 2 160 -204 UP UP
Services Confidence gr.esi.serv 22.5 36.4 -38 -42 Down Down
Consumer Confidence gr.esi.cons -47.3 -50.3 -6 4 Down Down
Retail Confidence gr.esi.ret 11.3 5.5 105 -35 Down Down
Construction Confidence gr.esi.constr -7.8 -1.1 609 -259 Down Down

Greece Manufacturing

  
Image 1

MacroVar tracks hundreds of indicators related to Greece manufacturing sector.


1Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
Manufacturing PMI gr.manpmi 50.8 52.9 -4 1 Down UP
industrial production gr.indproduction -2.9 2.6 -212 -128 Down Down

Greece consumer sentiment

  
Image 1

Consumer spending makes a large part of the Greece Economy.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
consumer confidence gr.consconfidence -47.3 -50.3s -6 6 Down Down
Consumer Confidence gr.esi.cons -47.3 -50.3s -6 4 Down Down
Employment Dynamics gr.eei.emp 110.0 112.3s -2 -6 Down Down
unemployment rate gr.unemploymentrate 9.8 9.4s 4 -9 Down Down
retail sales gr.retailsalesan -0.6 -5.1s -88 -82 UP UP
retail sales MoM gr.retailsales 1.5 -2.5s -160 -288 UP UP
car registrations gr.carregistrations 10670.0 9672s 10 2 Down UP
building permits gr.buildingpermits 1787.0 2792s -36 11 Down UP

Greece Construction

  
Image 1

The Greece construction sector is a significant component of the Greece economy. MacroVar monitors leading indicators of construction activity like building permits and new home sales.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
building permits gr.buildingpermits 1787.0 2792 -36 11 Down UP

Greece Macroeconomic outlook

  
Greece Macroeconomic outlook presents an overview of the long-term fundamental coincident factors of the Greece economy. Components monitored are the country's rserves, debt, Monetary Policy and Fiscal Policy. Explore Greece macroeconomic model in detail.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
gdp gr.gdp 238.21 219.07 9 -17 UP Down
Real GDP gr.realgdp 54673.7 50244.8 9 9 UP UP
gdp growth annual gr.gdpgrowthan 2.4 2.3 4 -79 Down Down
gdp growth gr.gdpgrowth 0.3 1.2 -75 -88 Down Down
inflation cpi gr.inflationcpi 2.4 2.4 0 -27 Down Down
interest rate gr.interestrate 4.5 4.5 0 8900 UP UP
unemployment rate gr.unemploymentrate 9.8 9.4 4 -9 Down Down
government debt gr.govdebt 553775.54 551244 0 45 UP UP
external debt gr.externaldebt 553775.54 551244 0 5 UP UP
government debt to gdp gr.govdebtgdp 161.9 172.7 -6 -6 Down Down
current account gr.currentaccount -316.55 651.27 -149 -75 UP UP
current account to gdp gr.currentaccountgdp -6.2 -10.2 -39 63 Down Down
exports gr.exports 4283.4 3963.9 8 -11 UP Down
imports gr.imports 7163.7 7173.3 -0 -1 UP Down
foreign exchange reserves gr.fxreserves 14632.0 14810 -1 19 UP UP
gold reserves gr.goldres 114.5 114.4 0 0 UP UP
government revenues gr.govrev 67413.0 56370 20 25 UP UP
fiscal expenditure gr.fiscalexp 55214.0 49330 12 1 UP UP

Greece Inflation

  
Image 1



Indicator Symbol Actual Previous M/M% Y/Y% Trend
inflation cpi gr.inflationcpi 2.4 2.4 0 -27 blank
core inflation rate gr.coreinflationrate 4.0 3.7 8 14 blank
Produce Prices YoY gr.producerpricesch -2.3 -4.5 -49 -83 blank

Greece Employment

  
MacroVar monitors leading indicators (ESI employment activity) and lagging indicators of Greece employment. Greece employment is one of the major factors affecting ECB monetary policy.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
unemployment rate gr.unemploymentrate 9.8 9.4 4 -9 Down Down

Greece Monetary Policy

  
Greece Monetary policy is monitored by tracking the most important indicators related to the central bank's balance sheet and interest rates.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
interest rate gr.interestrate 4.5 4.5 0 8900 UP UP
central bank balance sheet gr.cb.assets 220161.0 221371 -1 -3 Down Down
banks balance sheet gr.banks.bs 317417.46 319366 -1 1 UP UP
money supply m1 gr.msm1 190325.0 190911 -0 2 UP UP
money supply m2 gr.msm2 244453.0 244984 -0 2 UP UP
government debt to gdp gr.govdebtgdp 161.9 172.7 -6 -6 Down Down
loan growth gr.loangrowth 4.5 3.2 41 61 UP UP
loans to private sector gr.loanprivate 79812.69 77984.8 2 15 UP UP
Greece Credit Rating (S&P) RATING.S&P.GR
Greece Credit Rating (Moody's) RATING.MOODYS.GR
Greece Credit Rating (Fitch) RATING.FITCH.GR

Greece Fiscal Policy

  
Greece Fiscal policy is monitored by tracking the most important indicators related to the Treasury's decisions on government spending, revenues and budget surplus/deficit.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
government revenues gr.govrev 67413.0 56370 20 25 UP UP
fiscal expenditure gr.fiscalexp 55214.0 49330 12 1 UP UP
government budget gr.govbudget -1.6 -2.5 -36 -84 UP UP
Government budget gr.govbudgetvalue 4548.0 524 768 -5476 UP UP
government debt gr.govdebt 553775.54 551244 0 45 UP UP
government debt to gdp gr.govdebtgdp 161.9 172.7 -6 -6 Down Down

Greece Trade

  
Greece trade activity is monitored by tracking Trade and Capital flows.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
current account gr.currentaccount -316.55 651.27 -149 -75 UP UP
current account to gdp gr.currentaccountgdp -6.2 -10.2 -39 63 Down Down
balance of trade gr.balanceoftrade -3163.1 -3057.7 3 13 Down Down
imports gr.imports 7163.7 7173.3 -0 -1 UP Down
exports gr.exports 4283.4 3963.9 8 -11 UP Down
capital flows gr.capitalflows -491.99 843.93 -158 -630 UP Down
foreign direct investment gr.fdi 393.8 278.7 41 9 UP UP
external debt gr.externaldebt 553775.54 551244 0 5 UP UP
foreign exchange reserves gr.fxreserves 14632.0 14810 -1 19 UP UP
gold reserves gr.goldres 114.5 114.4 0 0 UP UP