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Wages index maintains momentum with 6.7% YoY rise in Q1
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Budget continues to perform strongly with 3.64 bln surplus up to May
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Energy propels 18.4% YoY rise in import prices for April
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Strong bond reopening virtually completes Greece's debt strategy for 2026
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Electricity main driver for industrial production rise of 2.1% YoY in April
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CPI at 5.2% YoY in May as impact of Iran war spreads
Jan budget deficit confirmed at 15 mln, revenues 610 mln short and spending underexecuted
The budget primary balance for the first month of 2022 came to a small surplus of 15 million euros, compared to a deficit of 1.47 billion euros in the same month last year, according to the final Finance Ministry (MoF) budget execution data released on Friday.
The primary balance is well ahead of the target by 1.15 billion euros. Expenditure, excluding interest payments and the public investment budget, came to 3.11 billion euros. Net revenues came to 3.86 billion euros, below the target by 610 million euros.
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