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Industrial production growth slows to 2.4 pct YoY in Sep, led by manufacturing rise
EconomyMacroeconomya drop of 2.1 percent, after a decrease of 4 percent in the previous month. The annual movement in the index reflects a 5.2 percent increase in manufacturing, while water supply was up by 4.4 percent. Mining was also up by 9.6 percent. The manufacturing index rise was in printing and reproduction
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CPI stable at 2.4 pct in Nov, food inflation lowest since 2021
EconomyMacroeconomyby 0.4 percent, from no movement in October. In November 2023, the CPI was up by 3 percent YoY... and footwear increased by 7.2 percent and health increased by 3.6 percent. Education was up by 2.6 percent... in household equipment with a drop of 0.1 percent. Food inflation is moderating, now five of the last six
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Import prices rising again as Dec sees 0.6 pct YoY increase
EconomyMacroeconomy, after a 2.8 percent drop in the previous month, according to data released by the Hellenic Statistical... by electricity and gas with 4.5 percent, crude oil and gas was up by 2.7 percent and refined petroleum products with 2.5 percent. In terms of industries, energy was up 1.8 percent YoY, intermediate
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Trump trade war could take a toll on Greek economy
EconomyMacroeconomyof direct trade between the two countries. With the latest data up to November last year, Greek exports... a prominent role in trade in services, with 11.71 billion euros out of a total of 21.27 bn up... bn. Travel receipts from the USA amounted to 1.53 bn. Of the 35.07 million visitors up to November
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Public debt on downward trend as it concludes 2024 at 403.86 bln
EconomyMacroeconomyGreece’s central government debt recorded a drop of roughly half a billion euros to 403.86 billion... by half a billion euros. Repos increased by 7.5 billion euros. FSM loans continue to make up the bulk... (over 5 years) debt made up 71.6 percent of the total, while short-term (up to 1 year) and medium-term
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CPI moderates to 2 pct in Apr, rents continue to climb with 10.8 pct YoY rise
EconomyMacroeconomywas unchanged, after an increase of 1.4 percent in the previous month. In April 2024, the CPI was up by 3.1... percent annually in April. Month-on-month, the HICP was up by 0.5 percent. In April, the annual CPI... increased by 4.6 percent and health increased by 1.7 percent. Education was up by 2.6 percent. Housing costs
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Rise in producer prices accelerates to 2 pct YoY in May for fifth straight increase
EconomyMacroeconomyGreece’s Producer Price Index (PPI) picked up pace in May, with a rise of 2 percent year-on-year... by 1.5 percent, from a drop of 2.8 percent in the previous month. Over the rolling 12-month period... percent YoY, intermediate goods increased by 2.2 percent, capital goods were up by 2.9 percent
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Industrial turnover resumes growth after 3 months, rising by 2.6 pct YoY in May
EconomyMacroeconomypercent drop in the previous period. Manufacturing revenue rose by 2.3 percent YoY, with the mining... in manufacturing and mining up by 15.7 percent. Monthly, the domestic market was up by 3.7 percent while... 2024, industry confidence is up 4.5 points. Overall, there was a small slide in Greece’s economic
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Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
EconomyMacroeconomyhad 23,961 more hires. This led to a year-on-year drop of 8,293 jobs, although it should be noted... of contracts. Layoffs rose by 25,571 year-on-year, while voluntary exits were up by 7,212. Hirings were up by 24,490 jobs compared to June last year, while departures rose by 32,783. The proportion
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Producer prices on six-month run of rises after 1.6 pct YoY increase in Jun
EconomyMacroeconomy. It peaked in April of 2022 with a jump of 48.8 percent annually. Month-on-month (MoM), the index was up by 1.1 percent, from a drop of 1.5 percent in the previous month. Over the rolling 12-month period... percent YoY, intermediate goods increased by 2 percent, capital goods were up by 3.1 percent, durables up
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