GDP growth rate in real terms during the first quarter of 2025 is positive and it is estimated at 3,0% over the corresponding quarter of 2024. Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at 3,0%.

The positive GDP growth rate is mainly attributed to the sectors: “Wholesale and Retail Trade, Repair of Motor Vehicles”, “Information and Communication”, “Construction” and “Hotels and Restaurants”.

Read the full announcement here

In February 2025, the Industrial Turnover Index reached 130,4 units (base 2021=100), recording an increase of 4,3% compared to February 2024. For the period January – February 2025, the index recorded an increase of 5,6% compared to the corresponding period of the previous year.

Read the full announcement here (Graphs & Tables)

ANNUAL NATIONAL ACCOUNTS: FIRST ESTIMATE FOR THE YEAR 2024
Growth Rate 3,4%

The growth rate of the economy in 2024 is positive and is estimated at 3,4% in real terms (volume measures). At current prices, the percentage change in Gross Domestic Product (GDP) amounts to 6,6%.

Regarding the production approach for the estimation of GDP in real terms, the positive growth rate is mainly attributed to the sectors: “Hotels and Restaurants”, “Information and communication”, “Construction” and “Wholesale and retail trade; repair of motor vehicles and motorcycles”.

Read the full announcement here (Graphs & Tables)

The HICP rose by 2,9% between January 2024 and January 2025, and decreased by 1,4% in the month between December 2024 and January 2025. 

Compared to January 2024, the categories Recreation and Culture (7,5%), Food and Non-Alcoholic Beverages (5,3%) and Restaurants and Hotels (4,8%) showed the largest positive changes. (Table 1)

In comparison to December 2024, the largest changes were recorded in the categories Clothing and Footwear (-13,7%) and Food and Non-Alcoholic Beverages (-1,6%). (Table 1)

The largest changes in economic categories compared to January 2024 were observed in the categories of Food-Alcoholic Beverages-Tobacco (4,3%) and Services (4,2%), while compared to the previous month, the largest change was observed in the category of Non energy industrial goods (-4,0%). (Table 2)

Read the full announcement here (Graphs & Tables)