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Affected by drop in fuel sales, rise in retail figures moderates to 1.2 pct YoY
EconomyMacroeconomypercent drop in foods and non-food up by 3.4 percent. According to the latest business indicators... monthly movement was up by 0.4 percent. Compared to March 2024, automotive fuel was down by 6.7 percent... by 1.1 percent and food and beverages were up by 1.5 percent. Clothing and footwear also recorded a rise
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Producer prices contract 1.7 pct YoY in Aug due to energy drop
EconomyMacroeconomyGreece’s Producer Price Index (PPI) went further into contraction in August, with a drop of 1.7... annually, led by minerals up by 10.7 percent, pharmaceuticals by 8.7 percent and paper products up..., intermediate goods increased by 1.6 percent, capital goods were up by 1.2 percent, durables up
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Industrial production edges up 0.1 pct in September
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) edged up 0.1 percent in September, after an upward... percent. In contrast, electricity production, that makes up almost 21 percent of the IPI, fell by 2.8... on the total index. The biggest drop of 15 percent was posted by mining and quarrying production
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General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop
EconomyMacroeconomycontribution to the overall balance. Like the previous months, extrabudgetary funds made up the highest... billion euros at the end of May from 5.23 billion at the end of April, implying a modest drop of 1.8.... The recorded drop mainly reflects a reduction in the guarantees related to the Emergency Liquidity
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Sharp drop in gg primary surplus by end-April, arrears keep rising
EconomyMacroeconomy). This reflects a 13.8 percent drop in revenues to 10.43 billion, more than offsetting a 4.2 percent... and extrabudgetary funds recorded a slight drop in their arrears by 6 and 8 million respectively. Since the beginning... billion in April making up 88 percent of total gg guarantees. The remaining 12 percent of gg guarantees
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Industrial turnover dives 18.3 pct in Aug for highest drop in almost 5 years
EconomyMacroeconomy- and the fifth this year - double-digit drop rate. It is also the highest negative reading since October 2009... though that the latter makes up just a fraction of the total industrial turnover with a negligible...) and other transport equipment (+34.3 percent). On the flipside, the biggest drop was posted
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Notable drop of 13.3 pct in industrial turnover in January
EconomyMacroeconomyAfter a modest drop by 1.3 percent in December, the decline in Greece’s Turnover Index plummted... makes up just a fraction of the overall index. The industrial turnover in both the domestic... months. This is mainly attributed to a drop in output and incoming new orders, a slight decrease
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Apartment prices fall by 1.5 pct in Q3 for slowest drop since 2009
EconomyMacroeconomy, following a revised drop of 2.6 percent in Q2, Bank of Greece (BoG) data showed on Monday... that prices in new apartments (up to 5 years old) dropped at a sharper pace of 1 percent quarter... annual drop of 11.7 percent was posted in 2012, while apartment prices have also posted a double
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PMI falls to 46.7 in Mar on drop in new orders but outlook positive for next months
EconomyMacroeconomyto a sharp drop in new orders, further decline in output and reduced employment. However, Greek firms... uncertainty resulted in reduced purchasing activity and further drop in pre-production inventories... be a positive conclusion to the current bailout negotiations which could help to firm up client demand.”
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Car sales drop 2.5 pct in May for second successive month
EconomyMacroeconomyfor the second straight month in May but at a slower pace of 2.7 percent after a drop of 7.5 percent in April.... Passenger cars fell at a sharper pace of 6.5 percent in May following a broadly similar drop of 7.3 percent in April and landed at 14,302. Passenger cars retain the lion’s share making up 85 percent
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