Loan rates exceed 5 pct in Dec, spread at highest in almost 20 years
Unemployment steady at 11.6 pct in Dec, employed rise by almost 80,000 YoY
Manufacturing remains in contraction at start of 2023, but at slowest rate since Oct
Retail sales rise by 12.3 pct YoY in Nov, but volumes barely move
Close of 2022 sees softer labour market, with 60,235 fewer jobs
Growth in producer prices slows to 16.5 pct in Dec as energy rise moderates
General govt balance deteriorates due to deficits of state and social security funds
Greece’s general government (gg) deficit came to 9.36 billion euros in the first seven months of the year, compared with a deficit of 5.96 billion euros in the same period of 2020, according to the Finance Ministry’s (MoF) latest monthly gg bulletin.
In the underlying subcategories, the state budget deficit up to July was 9.09 billion euros, compared to 7.3 billion euros last year. Extrabudgetary central government balance had a surplus of 844 million, from 1.68 billion euros last year.
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