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Disposable income records modest 1.9 pct YoY rise in Q3, saving rate again negative
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Strong primary surplus of over 8 bln at close of 2025 as spending is contained
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Nov data confirms record-breaking year for tourism as 11M receipts reach 23 bln, up 8.9 pct
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Industrial turnover posts modest 0.7 pct YoY rise in Nov, falls sharply MoM
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Current account deficit at 2.08 bln in Nov, falls significantly in 11M
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Car sales record strong rise in Dec, grow by 5.9 pct YoY in 2025
BoG revises 2023 growth to 1.5 pct as short- and medium-term challenges persist
The Bank of Greece (BoG) has joined the group of organisations that has incorporated the latest global challenges in its forecast for Greece, with growth next year seen declining substantially compared to the 6.2 pct envisaged for 2022.
The BoG notes that the macro environment which has been forming since the conflict in Ukraine and developments on the energy and prices fronts will have counter effects to economic growth and it sees the Greek economy growing by just 1.5 pct in 2023.
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