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IMF's latest macro and fiscal estimates reflect economic stability
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Tax collections and contained spending take primary surplus 4.15 bln above target in Sep
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Accelerated drop in energy drives import prices down by 2.4 pct YoY in Aug
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Government budgeting on a late RRF sprint
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New vehicles drive car sales up by 20.7 pct YoY in Sep
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Electricity pushes industrial production down by 2.9 pct YoY in Aug
Trade deficit soared 27.4 pct in Sept, down 13.6 pct for year
Greece’s trade deficit soared 27.4 percent to 1.63 billion euros in September, while the respective 9-month figure retreated 13.6 percent to 14.47 billion, according to the Hellenic Statistical Authority (ELSTAT).
The change to September shows a sustained deceleration since the drop in the trade deficit peaked with a 20.5 percent decline at the end of April. This reversal is down to imports increasing and exports dropping in two of the preceding three months.
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