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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
Building activity in Greece fell by nearly 40 pct in year to September
Greek building activity (as measured by the number of building permits) dropped by 14.4 percent in September with the respective surface figure easing 25.9 percent, while volume retreated 36.6 percent, according to the Hellenic Statistical Authority (ELSTAT).
Looking at aggregate figures, which strip out the apparent monthly volatility, it is clear that building activity still remains deep in the red. In particular, the twelve-month trailing average indicates that building permits, surface and volume have sl...
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