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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
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Import prices rise moderates to 6.9% YoY in June as energy continues to dominate
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Car sales slowed in July as drop in new vehicle sales prompts 3.9% YoY fall
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Industrial Production slows to 1.1% YoY in June as only manufacturing grows
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Trade deficit continues to drop, falling by 5% in H1
Import price index falls for third straight month in Apr as energy prices contract by 35 pct
The contraction of Greece’s import price index accelerated further in April, as it fell by 17.5 percent year-on-year (YoY), after dropping by 12.7 percent in March, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday.
This is the third negative reading on the bounce. February was the first negative print since January 2021, when the index had dropped by 4.8 pct. After that the index expanded, until January this year.
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