Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
Travel balance rises by 0.8 pct in September and 9.1 pct in 9M
OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence
September current account surplus at 550.8 mln as goods deficit increases
Central government debt increases by 10.7 bln to 356.03 bln in Q3
Industrial turnover positive for nine months with increase of 14.3 pct in September
Greece goes deeper into deflation territory
The drop in Greece’s Consumer Price Index (CPI) accelerated to 2.0 percent in October compared to a 1.1 percent decline in September, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, CPI marginally eased by 0.1 percent, while the average rate of CPI change over the trailing twelve months remains negative at -0.4 percent.
Alcoholic, beverages and tobacco is the only sector exhibiting a consistently rise in prices at 3.5 percent. On the contrary, the growth in housing prices, which had risen 7.5 percent in September, turned to a negative 0.7 percent in October. Communicat...
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