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Newsletter 390 - 21/07/2023
for another three months, a move that was essentially forced upon the government as food prices
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Despite drop in input costs, rising agriculture output prices cause inflation concerns
EconomyMacroeconomyFood inflation is currently the most prominent challenge for households, and there was more worrying data on this front from ELSTAT on Friday in the form of the release for input and output price index in the agriculture and livestock sectors. The output index recorded an increase of 30.6 percent
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Government dampens expectations for handouts in PM's speech
PoliticsGreek Politicsof rising food prices. It was suggested as recently as last week that the government was trying
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Hiring balance for 7M reaches record despite first negative July reading since 2019
PoliticsGreek Politicswith 5,545 and food preparation jobs at 2,756. During the first seven months of the year, the hiring
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Industrial production contracts again in July, as electricity supply drives 1.9 pct drop
EconomyMacroeconomymanufacturing, and food. The monthly movement was led by increases of 0.3 percent in manufacturing, 5.8
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Return to investment grade overshadowed by flood destruction
Economyof last week will have an impact on Greek growth, with the shortage in supply expected to fan food
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Storm fallout sweeps PM to crucial juncture early in second term
PoliticsGreek Politicsto the contamination of the water table. This is expected to also have a knock-on effect on food prices in Greece
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Cabinet reshuffle rumoured as scale of flood reconstruction task begins to dawn
PoliticsGreek Politicsby producers, the food processing industry and consumers via higher prices. It is generally
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Agriculture output prices jump 28.7 pct YoY in Jul, despite input costs falling
EconomyMacroeconomyThe output index in agriculture recorded an increase of 28.7 percent year-on-year (YoY) in July, from 30.6 percent in the previous month, ELSTAT data showed last week, underlining the challenge households are facing with respect to food prices. Agriculture and Livestock output prices have been
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Industrial production stays in contraction for third successive month in Aug
EconomyMacroeconomyfurniture, machinery and equipment n. e. c., motor vehicles, trailers and semi-trailers, food
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