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Lending to corporations drives strong credit expansion of 10.2 pct YoY in Jun
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Travel receipts maintain momentum in May with 17.7 pct YoY rise
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Significantly improved oil balance pushes current account to 196.5 mln surplus in May
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Industrial turnover resumes growth after 3 months, rising by 2.6 pct YoY in May
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Strong tax revenues, underspend push primary surplus 2.43 bln above target up to June
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Energy drives drop of 4.2 pct YoY in import prices drop for June
Despite slowdown, Q4 property price rise pushes 2023 increase to 13.4 pct
The growth in the nominal value of apartments in Greece stayed strong in the last quarter of 2023, increasing by 11.8 percent year-on-year (YoY) from an upwards revised 12.1 percent in Q3 2023, Bank of Greece (BoG) data released on Tuesday showed.
This is a slight slowdown from the peak of Q1 2023, when prices grew by 15.4 percent. The index stood at 95 in Q4 last year, from 93.1 in the previous quarter, and 85 points in Q4 2022. The index peak was in Q3 2008 when it was at 102.2 points.
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