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Draft budget for 2027 centred on strong surplus, selective support measures
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Industrial production jumps 5.8% YoY in Aug, led by electricity supply
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CPI accelerates to 5% YoY in Sep as energy dominates
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Trade deficit widens by 3.6% YoY in Aug, at 21.18 bln over eight months
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Volatile energy and bond markets tighten pressure on government
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Draft budget for 2027 foresees positive growth and fiscal outlook in uncertain times
Import prices fall sharply in May as energy drops by 40.5 pct
The contraction of Greece’s import price index picked up further pace in May, as it fell by 20.8 percent year-on-year (YoY), after dropping by 17.5 percent in April, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
This is the fourth 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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