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Budget continues to perform strongly in July as VAT beats target by over 1 bln
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Energy propels rise of 19.6% YoY in June industrial turnover
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Current account deficit improves in June, rises to 9.54 bln in first half of year
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Central govt debt rises to 402.64 bln in Q2 on back of repos and bonds increases
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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
Producer prices drop by 7.1 pct in 2023, non-durables up by 6 pct in Dec
Greece’s Producer Price Index (PPI) contracted for the tenth successive month in December, dropping by 6.6 percent year-on-year (YoY), after falling sharply by 8.9 percent in November, ELSTAT data showed on Tuesday.
The index had been growing over a two-year period since March 2021, before it turned negative in March last year. In January 2021 the index was just under 100 points, and at 136.78 percent in December 2023.
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