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Draft budget for 2027 centred on strong surplus, selective support measures
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Industrial production jumps 5.8% YoY in Aug, led by electricity supply
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CPI accelerates to 5% YoY in Sep as energy dominates
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Trade deficit widens by 3.6% YoY in Aug, at 21.18 bln over eight months
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Volatile energy and bond markets tighten pressure on government
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Draft budget for 2027 foresees positive growth and fiscal outlook in uncertain times
Industrial production marks full year of recovery with 16.5 pct rise in Oct
Greece’s Industrial Production Index (IPI) jumped by 16.5 percent year-on-year in October, from an upwards revised rise of 9.9 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
IPI has been on the mend since November last year, marking a full year of growth. The most notable rise of 22.7 percent was recorded in April, mainly thanks to the low base effect of last year’s strict first lockdown when production had dropped by 10.8 ...
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