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Greece in inflation for first time since Feb 2013 as CPI rises 1.2 pct in Jan
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) rose 1.2 percent in January after zero growth in December, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. This is the first positive CPI reading since February 2013, with the domestic economy remai...
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Primary cash surplus down to 248 mln in Jan, including modest arrears repayment of 41 mln
EconomyMacroeconomyGreece’s central government primary cash surplus dropped by 138 million euros to 248 million in January, Bank of Greece (BoG) figures showed on Friday. The headline figure includes modest arrears’ repayments of 41 million. The overall cash balance also ...
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Current account deficit narrows to 271 mln in Jan
EconomyMacroeconomyGreece’s current account (C/A) deficit narrowed to 271.1 million euros in January 2017 from 771.4 million a year ago, Bank of Greece (BoG) figures showed on Thursday. The improvement by around 500 million euros from last year largely reflects an increas...
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Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
EconomyMacroeconomyGreece's travel receipts fell by 2.4 percent to 164.8 million euros in January, Bank of Greece (BoG) figures showed on Friday. At the same time, the corresponding payments rose by 15 percent to 149.5 million, leading travel surplus down by 60.6 percent ...
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Retail sales rebound 1.4 pct in Jan after brief fall in Dec
EconomyMacroeconomyThe turnover of Greece’s retail trade index increased by 1.4 percent in January after a brief drop of 1.3 percent in December, Hellenic Statistical Agency (ELSTAT) data revealed on Friday. The January headline figure represents the fourth positive readi...
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Unemployment rate at 23.5 pct in Jan, stable from upward revised Dec figure
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment stayed stable at 23.5 percent in January 2017 after an upward revision of the December figure, which was initially reported at 23.1 percent, Hellenic Statistical Authority (ELSTAT) labour force survey showe...
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Unemployment rate falls to 21.7 pct in April, lowest since Jan 2012
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment declined to 21.7 percent in April from a downwardly revised rate of 22 percent in March, the Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday. The headline figure is the lowe...
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Multi-bill on way as Athens aims to complete third review by Jan 22
EconomyProgrammeThe tabling of the omnibus bill that seeks to sweep up most of the remaining prior actions in the third review is just a matter of days away. Parliamentary sources told the local media on Wednesday that the multi-bill would be submitted to the House ear...
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CPI falls by 0.2 pct in Jan, first negative figure since Nov 2016
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 0.2 percent in January, dropping into negative territory from the rise of 0.7 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The latest headline figure is the first negat...
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Primary cash surplus at 2.68 bln in Jan as revenues rise, expenditure falls
EconomyMacroeconomyGreece’s central government primary cash surplus rose by a substantial 2.43 billion euros to 2.68 billion in January, Bank of Greece (BoG) figures showed on Friday. The headline figure includes a small arrears’ repayment of 21 million. The overall cash ...
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