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Industrial production rises by 4.2 pct in April thanks to growth in electricity supply
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CPI growth stable at 2.8 pct in May, food inflation gathers pace at 11.6 pct
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OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
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Trade deficit narrows in April, though exports drop by 4.3 pct
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Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ
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Unemployment stays at 11.2 pct in Apr, youth jobless down by 5 points at 27.4 pct
Signifcant underspend covers revenue shortfall for budget primary surplus to August
Greece’s budget primary surplus significantly improved to 3.8 billion in the 8-month period of 2015 from 1.95 billion last year, the Finance Ministry (MoF) final budget data displayed on Thursday. Today’s figures confirm preliminary the preliminary data released on September 16.
Compared to target, the actual figure indicates an outperformance of 535 million so far this year. This is attributed to lower primary expenditure (by 2.8 billion), military procurement (by 361 million) and tax refunds (by 250 million) as well as higher...
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