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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
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Energy and domestic market drive industrial turnover growth of 14.1% YoY in May
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Primary surplus up to June at 4.48 bln as taxes continue to outperform, spending contained
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Energy continues to drive import prices as May sees 13.3% YoY rise
Industrial production rises by 7.9 pct in Mar, driven by electricity supply
Greece’s Industrial Production Index (IPI) continued its recovery in March, rising by 7.9 percent year-on-year (YoY), from 4.8 percent in February, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday.
IPI has grown in 16 of the last 17 months, since November 2020. The most notable rise - 22.7 percent - was recorded in April 2021, mainly thanks to the low base effect of the first lockdown a year earlier. In October 2020, the index was down by 3.2 perc...
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