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Industrial turnover posts modest 0.7 pct YoY rise in Nov, falls sharply MoM
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Current account deficit at 2.08 bln in Nov, falls significantly in 11M
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Car sales record strong rise in Dec, grow by 5.9 pct YoY in 2025
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Small total surplus for budget at close of 2025 as underspend remains prominent
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Energy propels 3.3 pct YoY drop in import prices in Nov
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CPI accelerates to 2.6 pct YoY in Dec, food prices rise by 3.6 pct
General government bottom line continues to improve with moderate decrease in arrears
The Greek general government (gg) cash deficit to August fell by 60.7 percent to 3.87 billion with the gg cash primary surplus rising by 12.7 percent to 1.78 billion, according to the Ministry of Finance (MoF). The released data incorporates SMP income of 1.5 billion recorded in the July budget execution. Furthermore, state arrears to the private sector retreated 2.0 percent month on month (mom) and 25.8 percent (2.29 billion) since the beginning of the year. Arrears came to 6.57 billion at the end of August.
The state budget is the key element in the reported gg evolution. There is an important difference compared to the released budget execution for the same period, which relates to a cash correction of 4.3 billion mainly stemming from settlement of arrear...
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