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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GreeceGreece Total Credit YoY fell to 2.4% in September 2026
FMPMonthlyReleased October 2026
Greece Total Credit YoY fell to 2.4% in September 2026, released October 2026, down 1.1% from August's 3.5% reading. The reading missed the 3.6% consensus by 1.2%. The print is running well below the 12-month average of 4.4%. Over the past 3 months, Total Credit YoY averaged 3.83%, vs 4.5% in the prior 3-month window. Total Credit YoY is now the lowest in 31 months.
Latest Release
2.4
Actual
3.6
Consensus
3.5
Previous
Median Absolute Error
±0.5 percentage points
across last 12 releases
Last Call
Oct 2026
Predicted: 3.25
Actual: 2.4
Error: +0.85
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.35 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Total Credit YoY (Greece) was reported at 2.4% in October 2026. This missed the market consensus of 3.6% by 1.2%. The reading fell from the previous value of 3.5%. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged 4.27%, ranging from 2.4% to 5.5% across 12 releases.
WHY IT MATTERS
The trailing three releases averaged 3.1%, down from the prior three at 4.33%. Volatility over the past year (σ 0.92%) is comparable than the prior year (σ 1.01%). In October readings over the past 3 years, Total Credit YoY has averaged 4.47%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/USD (Bullish EUR). A secondary relationship exists with XAU/USD, positively correlated (Bullish XAU). Over the last 12 releases, the Sigmacast model's median absolute error is 0.5%.
WHAT TO WATCH NEXT
The next release is scheduled for November 27, 2026.
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
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Total Credit YoY - GR
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About Total Credit YoY — Greece
DEFINITION
Total Credit YoY (Year-over-Year) is a financial indicator that measures the change in the total amount of credit extended by financial institutions over a 12-month period. It provides insight into the overall growth or contraction of credit in an economy, which can impact consumer spending, business investment, and overall economic activity. This indicator is closely monitored by economists, policymakers, and investors as it can signal potential shifts in the financial landscape.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Sep 2026): actual 2.4 %, consensus 3.6 %. Prior reading (Aug 2026): 3.5 %. Before that (Jun 2026): 3.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.
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EXPECTED ZONE
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Economic Calendar - GR Events
| Monday, November 2, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 09:00 | GR | S&P Global Manufacturing PMI | 54 | 53.4 | 53.55 | Low | |