Investor Presentaiton
Greek economy outperforming expectations
Key recent macroeconomic highlights
GDP growth (%, y-o-y)
Total Passenger Traffic
AIA (%, y-o-y)
Vaccinations
(% of total population)
Economic Sentiment
Indicator (period average)
Retail Trade
(volume, nsa, %, y-o-y)
Manufacturing
Production (%, y-o-y)
Private Building Activity
(volume, %, y-o-y)
Residential Prices
(%, y-o-y)
Latest
Comments
-2.3%
(1Q21)
>5%
(2021f)
■>5% growth projected for 2021; activity expected to bounce back from Q2
371.2%
107.5%
(2Q21)
(Jul 21)
56.8%
(Aug 23, 2021)
100.8
(Jan-Jul 21)
8.1%
(Jan-May 21)
8.5%
(Jan - Jun 21)
53.0%
(Jan-May 21)
3.2%
(1Q21)
■ Arrivals exceeding expectations: first week of August >70% of 2019 levels.
■ New government initiatives in place targeting improvement in uptake
■ ESI higher at 100.8 compared to equivalent 2020 levels of 100
■ +15.3% y-o-y in May, second month with growth post five negative reads
Continuous growth since Nov 2020 shows improving operating conditions
Sharp increase reflecting the resilience of the construction sector
■ Accelerating growth in house prices despite pandemic toll on activity
Sources: AIA (Athens International Airport), Bank of Greece, ELSTAT, European Commission, Ourworldindata.org
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