Final budget data for Oct verifies solid tax revenues on back of indirect and income tax haul
Despite slowdown, property prices jump by 11.9 pct YoY in Q3
Rise of 17.3 pct in arrivals by Sept means receipts already exceed 2019 record
Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
Industrial turnover contracts for six months on bounce in Sep with 5.1 pct drop
Significant improvement in oil balance reduces 9M current account deficit to 7.25 bln
Current account deficit increases to 767.4 mln in Oct as service surplus shrinks
Greece’s current account (C/A) balance in October posted a deficit of 767.4 million euros, up from a deficit of 498.8 million in September, according to a Bank of Greece (BoG) release on Monday.
In October last year, the balance had a milder deficit of 677.7 million euros, suggesting that some normality returned to the balance of payments, after taking a severe hit from the pandemic in the preceding months.
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