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Budget continued to outperform in Feb, delivering 3.4 bln primary surplus -
Wages index rises by 5.5 pct YoY in Q4, records first quarterly drop since Q3 2021 -
Import prices reach one year of contraction with 6.4 pct drop in Jan -
Vehicle sales rise by 17.3 pct in Feb, led by passenger cars -
Underwhelming GDP highlights investment falling short of mark -
Industrial production grows by 10.3 pct in Jan, boosted by electricity supply
IMF ups 2021 growth forecast to 6.5 pct, but keeps modest outlook for longer term
Within the regular cycle of its World Economic Outlook (WEO) publication, the International Monetary Fund was the latest international organisation to adopt a more optimistic view about Greece’s growth this year.
In last October’s WEO, Greece was seen growing by 4.1 pct in 2021, before revising down the forecast in Spring to 3.8 pct growth. Last October’s estimate also had Greek GDP dropping by 9.5 pct in 2020, before settling at 8.2 pct contraction.
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