The Greek economy continues to move upwards, despite the slight slowdown in the growth rate recorded in the second quarter of 2025.

This is noted in the new issue of the quarterly magazine of the Center for Planning and Economic Research (KEPE), “Economic Developments”, which was made public today and is available online on its website.

As reported, according to provisional National Accounts data, real GDP growth stood at 1.7% year-on-year, up from 2.2% in the first quarter, reflecting a limited but not alarming slowdown. This development does not indicate any substantial change in the dynamics of the economy, as it results from short-term and partially offset fluctuations. The sharp decline in imports of goods, mainly fuel, contributed positively to the growth rate, offset by the reversal of the stock-building trend that had previously boosted economic activity. In this context, KEPE’s updated estimates for 2025 forecast an average annual real GDP growth rate of 2.1%, slightly lower than the previous forecast of 2.2%. This small downward revision reflects the moderate slowdown in the second quarter, without altering the broader picture of an economy that continues to grow at a solid pace, helped by resilient domestic demand and normalizing inflationary pressures.