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Newsletter 173 -07/09/2018
of 19.3 percent in May, the Hellenic Statistical Authority’s (ELSTAT) data showed. The latest figure
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Trade deficit grows by 34.5 pct in July on continued import rises
EconomyMacroeconomyGreece’s trade deficit grew by 34.5 percent year-on-year (YoY) in July compared to an increase of 30.9 percent in June, according to data from the Hellenic Statistical Authority (ELSTAT) released on Friday. The deficit stood at 2.10 billion euros for the month. The headline figure for July
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CPI rises by 1 pct in August, staying positive for fifth month
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 1 percent in August after a rise of 0.9 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Monday. After four years of deflation, 2017 was the first year that overall prices rose in Greece. The positive streak was interrupted early
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Industrial production grows by 1.9 pct in July for year's second highest rise
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rose by 1.9 percent in July from June’s increase of 1.2 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Monday. The latest figure marks five positive months for the index, following two negative months at the start of this year. July’s
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Building permits rise by 16.2 pct in June and 7.5 pct in first half of year
EconomyMacroeconomyBuilding permits rose by 16.2 percent in June, picking up strongly from a rise of 4.4 percent noted in May, Hellenic Statistical Authority (ELSTAT) data released on Wednesday showed. The latest monthly headline figure marks three months of growth after March’s decline which was the first negative
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Hirings balance in August turns negative by 7,748
EconomyMacroeconomyThe employment balance slipped into negative territory in August with 7,748 more departures than hirings during the month, data from the Labour Ministry’s Ergani information system revealed. August’s figure is the second consecutive month that employment figures have landed on a negative balance
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Industrial turnover rises by 17.5 pct in July for seventh positive month
EconomyMacroeconomyGreece’s industrial turnover rose by 17.5 percent in July after June’s figure was revised upward to 17.7 percent, Hellenic Statistical Authority (ELSTAT) data published on Wednesday showed. The latest figure means that the index has remained positive for seven straight months after the negative
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Tsakalotos states case on pension cuts in bid to overcome lenders' reluctance
EconomyProgrammein 2017. Finally, Athens has put together data showing that cutting pensions now would also be damaging
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Strong receipts push travel balance up by 15.9 pct in July
EconomyMacroeconomyGreece’s travel balance rose by 15.9 percent in July, almost unchanged from the increase of 16 percent in June, Bank of Greece (BoG) data revealed on Friday. Receipts came to 3.38 billion euros for the month, an increase of 14.4 percent. Travel payments showed an 8 percent decline and came to 166.3
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeaturesbeen visiting the company to collect data. The progress of this privatisation depends on both
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