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Energy drives 0.5 pct YoY fall in July producer prices as other components rise
EconomyMacroeconomypercent. Goods sold to the foreign market were down by 7.2 percent YoY, led by refined oil down by 14.8 percent, food products that dropped by 12.9 percent, and tobacco down by 6.1 percent
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Jobs in education lead negative hiring balance of 20,728 in July
EconomyMacroeconomyvoluntary exits were down by 7,785. Hirings were down by 6,740 jobs compared to July last year, while.... Broken down by employment activity, the highest balance was in catering with 13,239 more jobs
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DBRS leaves credit rating of 'BBB' and stable outlook unchanged
EconomyMacroeconomy. Combined with primary fiscal surpluses, this has driven down the debt-to-GDP ratio, projected to reach 141 pct by 2026, down from 164 pct in 2023. However, like its peers, Greece remains vulnerable... the decade, helping bring debt down to 125 pct by 2030. Still, ratings are constrained by high debt
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Economic sentiment drops sharply in Sep, consumer confidence at highest since June
EconomyMacroeconomy12-month period, September’s ESI was down 1.5 points from October 2024. The average ESI in the EU... at 29.7, from 29.9 points before. Services confidence is now down by roughly 12 points on the rolling... points in the previous month, now down by roughly 7 points from October 2024. Construction confidence
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Retail sales up by 4 pct YoY in July as inflation drives volume rise of 2.1 pct
EconomyMacroeconomywas also down by 1.5 percent. Compared to July 2024, automotive fuel was down by 5.6 percent, non-food... to -0.1 points, from -2.5 points in the previous month, now down by roughly 7 points from October
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Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
EconomyMacroeconomypreviously. The items revised down for 2025 compared to the previous estimate are investments that are now... will continue to grow, coming to 73.53 billion euros, broken down into 40.82 billion euros in taxes... billion euros, mostly on the back of higher investment spending before the RRF gets wound down
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Hiring balance improves by more than 18,000 jobs up to Aug
EconomyMacroeconomyby 1,261 year-on-year, while voluntary exits were down by 5,146. Hirings were down by 1,346 jobs... bracket with 11,409 more departures. Broken down by employment activity, the highest balance
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Retail sales grow strongly in Aug with 5.3 pct YoY rise
EconomyMacroeconomymovement was also up by 0.2 percent. Compared to August 2024, automotive fuel was down by 6.8 percent, non..., with fuels down by 1.9 percent, a 4.6 percent rise in foods and non-food up by 7.6 percent. According... in the previous month, now down by roughly 6 points from November 2024.
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Import prices resume growth in Sep, food up 6.9 pct YoY
EconomyMacroeconomyand electrical equipment fell by 0.8 percent. In terms of industries, energy was down by 2.6 percent YoY, intermediate goods dropped by 1 percent, capital goods marginally down by 0.3 percent, and durables down
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Newsletter 485 - 21/11/2025
of the year before the RRF winds down in August. However, in last year’s budget submission for 2025, the Finance Ministry had forecast investment growth of 8.4%, which has now been revised down... the end of the year. The debt ratio will continue to slide, reaching 138.2% of GDP in 2026, down
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