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Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach -
Travel balance rises in Feb as arrivals jump by 20.7 pct in first two months -
Industrial turnover grows by 3.1 pct in Feb, led by mining and domestic market -
Current account records sharp deficit of 3.16 bln in Feb as goods balance deteriorates -
IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses -
Government tones down fiscal pledges as tighter framework starts to bite
Drop in CPI eased in Feb but Greece still firmly in deflation territory
The drop in Greece’s Consumer Price Index (CPI) slowed further in February to 1.1 percent from 1.5 percent in January, according to the Hellenic Statistical Authority (ELSTAT).
On a monthly basis, the CPI eased 1.3 percent mainly on the back of an 18.8 percent drop in clothing and footwear prices, which came about due to the winter sales period that began in mid-January and lasted until the end of February.
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