Producer prices soar by 43 pct YoY on April, but see first monthly drop since Aug 2021
Building activity slows again in Mar, as Q1 rise reaches 6.7 pct
Retail sales up by 18.8 pct YoY in Apr, but monthly and volume data point to slowdown
High energy prices fuel uncertainty on fiscal front
Output and new orders drop to lowest since Mar 2021, forcing PMI down by 2.7 pts
Deposit rise of 1.3 bln in May led by corporates as household savings drop
Budget primary surplus grows in April thanks to one-off revenues and restricted spending
Greece’s 4-month budget primary surplus more than doubled to 2.16 billion euros from 1.05 billion last year, according to the Finance Ministry (MoF) preliminary budget bulletin published on Wednesday.
More importantly, the outperformance of 1.6 billion euros in Q1 widened to 2.45 billion in the 4-month period.
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