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Trade deficit reaches 22 bln in 8M as exports continue to slide
EconomyMacroeconomyGreece’s trade deficit recorded a drop of 6.5 percent year-on-year (YoY) in August, after a rise... products and ships, the aggregate deficit was up by 8.2 percent, at 17.93 billion euros. Imports from EU countries were up by 1.8 percent to 27.88 billion euros, while imports from non-EU markets were
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CPI moderates to 2.4 pct YoY in Oct, food inflation below headline number
EconomyMacroeconomy, the CPI was unchanged, from a rise of 1.8 percent in September. In October 2023, the CPI was up by 3.4... was up by 0.1 percent. In October, the annual CPI movement comprised of a 1.5 percent increase... increased by 3.6 percent. Education was up by 2.8 percent. Housing costs also increased by 3 percent
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Industrial turnover resumes growth in Oct with 0.9 pct YoY, manufacturing leads way
EconomyMacroeconomyAuthority (ELSTAT) on Friday. On a rolling 12-month basis, the industrial turnover was up by just.... Manufacturing revenue was up by 1 percent, with the mining and quarrying essentially unchanged... percent in manufacturing, and mining and quarrying up by 22 percent. Monthly, the domestic market
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CPI at 2.6 pct in Dec, housing costs climb by 3.7 pct
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) picked up slightly in December with a rise of 2.6... in the previous month. In December 2023, the CPI was up by 3.5 percent YoY. The price index...-on-month, the HICP was up by 0.1 percent. In December, the annual CPI movement consisted of a 5.9
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New polls suggest picking party veteran for president helps PM in goal of mobilising ND base
PoliticsGreek Politicsparty has risen since December. In terms of voting intentions, ND’s ratings are up from 24 pct last... position in third, as its support rose from 7.9 to 8.6 pct. Greek Solution saw its backing drop from 8.8... leadership issue. Support for the leftists rose from 7.1 to 7.7 pct. Shoring up core vote The breakdown
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Jan trade deficit at 2.81 bln after rising by 8.5 pct YoY
EconomyMacroeconomyGreece’s trade deficit rose by 8.5 percent year-on-year (YoY) at the start of 2025, after a drop... and ships, the aggregate deficit was up by 5.3 percent, at 27.63 billion euros. Imports from EU countries were up by 2.8 percent to 43.38 billion euros, while imports from non-EU markets were also up
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Industrial turnover declines marginally in Feb, led by mining and local market
EconomyMacroeconomyGreece’s industrial turnover contracted in February, with a marginal drop of 0.3 percent year... Statistical Authority (ELSTAT). On a rolling 12-month basis, the industrial turnover was up by 1.8 percent... the non-domestic market was up by 0.6 percent. On a monthly basis, industrial turnover in the total
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Newsletter 462 - 16/05/2025
that the latest technical report on the tragic Tempe rail crash will quash accusations of a cover-up... Marinakis. He asserted that the allegations of a cover-up had completely collapsed. Marinakis declared... Kyriakos Mitsotakis remarked, "Lies have a habit of catching up with you." Meanwhile, Deputy PM
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CPI increases to 2.5 pct YoY in May, housing costs soar by 6 pct
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) picked up pace in May with a rise of 2.5 percent year-on-year... percent, from no change in the previous month. In May 2024, the CPI was up by 2.4 percent YoY... in May. Month-on-month, the HICP was up by 0.4 percent. In May, the annual CPI movement consisted
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EU–Mercosur deal promises gains for industry, risks for agriculture
EconomyEuropean exports, including cars and car parts (currently 35%), machinery (14–20%), chemicals (up to 18%), and pharmaceuticals (up to 14%). Research assessments indicate that the macroeconomic benefits... “offensive” gains for EU agriculture, such as the removal of tariffs on wine (up to 35%), spirits
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