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Budget continues to perform strongly in July as VAT beats target by over 1 bln
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Energy propels rise of 19.6% YoY in June industrial turnover
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Current account deficit improves in June, rises to 9.54 bln in first half of year
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Central govt debt rises to 402.64 bln in Q2 on back of repos and bonds increases
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Greece extends debt prepayment strategy with first repayment of EFSF loans
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Primary balance at 5.73 bln up to July as RRF-related spending revs up
Spike in producer prices continues with 46.2 pct energy-led rise in March
Greece’s Producer Price Index (PPI) continued its explosive rise in March, when it jumped by 46.2 percent year-on-year (YoY), after a 33.6 percent increase in February, ELSTAT data said on Friday.
The index was in negative territory for most of 2020 and up until March 2021, when it grew annually by 9.1 percent. It has been growing ever since, closing a full year that took the index from 103.72 points in March last year, to 151.62 points this year.
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