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Significantly contained spending pushes July primary surplus 4.36 bln above target
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Energy continues to drive import price drop as June records 4.7 pct YoY fall
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Car market still buoyant as sales rise by 2.8 pct YoY in July
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Mining drives growth of 0.5 pct YoY in industrial production for June
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CPI accelerates to 3.1 pct YoY in July, rents up 11.3 pct
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Trade deficit rises sharply in June as exports continue to fall
Industrial production contracts again in July, as electricity supply drives 1.9 pct drop
Greece’s Industrial Production Index (IPI) recorded back-to-back contractions in July, falling by 1.9 percent year-on-year (YoY), after dropping by a downward revised 3.4 percent in June, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
The index had been growing in the first five months of 2023, with June’s print being the first negative reading since December 2022.
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