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Hiring balance stays negative in Jan as new hires drop YoY
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Car sales rise strongly in March, up 6.4 pct YoY in Q1
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Underspend and rising tax revenues push primary surplus to 4.39 bln by March
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IMF sees war having moderate impact on economy, while fiscal outlook remains solid
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Iran war fallout impacts Mar prices as energy drives 3.9 pct YoY CPI rise
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Energy drives import price drop of 3.2 pct YoY in Feb
PBO sees normality returning, but inflation will have multifaceted effects
The Parliamentary Budget Office (PBO) published its latest quarterly report on Tuesday in which progress is outlined along with challenges for the Greek economy as the government starts a new term under the spectre of inflation.
The PBO notes that the economy grew by 2.1 pct year-on-year (YoY) in Q1, which it describes as a more normal growth rate following a turbulent period that started with the pandemic and was followed by the energy crisis that accompanied the Ukraine war.
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