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Building activity slows in April with 4.2% YoY rise
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Business loans drive 7.7% YoY credit growth in June
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Corporate inflows in June push deposits to highest point since April 2010
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VAT and underspend drive budget outperformance in first six months
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Tourism shows resilience despite geopolitical uncertainty as May arrivals and revenues rise
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Record travel receipts and narrower trade deficit reflected in current account up to May
IPI rise of 8.1 pct in Dec marks full year of growth, totalling nearly 10 pct
Greece’s Industrial Production Index (IPI) recorded another notable rise of 8.1 percent year-on-year (YoY) in December, from an upwards revised 8.4 percent annual increase in November, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.
IPI now has 14 consecutive months of growth since November 2020. The most significant rise of 22.7 percent was recorded in April 2021, mainly thanks to the low base effect of the previous year’s strict first lockdown, when production dropped by 10.8 per...
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