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Industrial turnover posts slowest growth in 2 years, up 1.5 pct in March
EconomyMacroeconomywas up by 1.1 percent, with the mining and quarrying index increasing by 48.1 percent. Manufacturing... in mining and quarrying. In the non-domestic market, the increase was driven by a 1 percent drop... in manufacturing and mining and quarrying up by 23.8 percent. Monthly, the domestic market was up by 16.3
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Building permits pick up pace in Oct with 8.7 pct growth
EconomyMacroeconomyBuilding permits picked up pace in October, rising by 8.7 percent year-on-year (YoY), after a rise... mostly positive, with the biggest rise noted in Thessaly with 36 percent, and the largest drop in North..., permits were up by 9 percent YoY to 21,940. The corresponding surface is up by 15.6 percent while volume
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Small gains for building activity in Dec, up 7.1 pct in full 2023
EconomyMacroeconomyBuilding permits only rose marginally in December, up by 0.6 percent year-on-year (YoY), after... in South Aegean and Crete with 20.5 and 20.7 percent, and the largest drop in Western Macedonia with 47.4.... During the full-year 2023, permits were up by 7.1 percent YoY to 26,962. The corresponding surface
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Trade deficit moderates in June, up 10.5 pct YoY in H1
EconomyMacroeconomyGreece’s trade deficit recorded a drop of 9.8 percent year-on-year (YoY) in June, after a solid... products and ships, the aggregate deficit was up by 9.9 percent, at 13.32 billion euros. Imports from EU countries were up by 1.6 percent to 21.04 billion euros, while imports from non-EU markets were also
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Trade deficit up sharply in Sep, reaches 25.13 bln in 9M for 8.5 pct YoY rise
EconomyMacroeconomyGreece’s trade deficit rose sharply by 12.9 percent year-on-year (YoY) in September, after a drop.... Excluding the value of oil products and ships, the aggregate deficit was up by 6.1 percent, at 20.11 billion euros. Imports from EU countries were up by 2.2 percent to 31.64 billion euros, while imports
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Alpha NII at 1.22 bln in 9M, fees up by 11 pct YoY at 306 mln
EconomyBankingmillion euros in the same period of 2023, a drop of 2 percent. Normalised profit after tax for 9M was 666... was 1.02 billion euros, from 918 million in 9M 2023, up by 11 percent. Asset quality The NPE ratio... and 73 percent from collateral. P&L NII was 1.24 billion euros in 9M, up by 2 percent year-on-year
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CPI captures rise in housing costs with 7.2 pct YoY increase, headline up 2.8 pct
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) picked up further pace in June with a rise of 2.8 percent year... percent, from 0.2 percent in the previous month. In June 2024, the CPI was up by 2.3 percent YoY... annually in June. Month-on-month, the HICP was up by 1.3 percent. In June, the annual CPI movement
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Greek trade deficit up 12.6 pct in Feb as imports rise
EconomyMacroeconomyand a drop in exports by 6.8 percent. The latter continued heading south for the fifth consecutive month... the impact of oil products, imports soared 16.9 percent leading the respective trade deficit up.... Similarly to February, the 2-month drop in imports by 4.1 percent reverses to a 6.3 percent
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Industrial production shoots up by 5 pct in March for highest rise since 2007
EconomyMacroeconomy. On the flipside, mining and quarrying production posted a double-digit drop (-12.3 percent), while... edged up by 0.04 percent month on month in March. The aggregate figure for the first quarter.... In contrast, mining and quarrying production posted a double-digit drop (-11.9 percent) with electricity
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Unemployment edges up for second consecutive quarter in Q1, reaches 26.6 pct
EconomyMacroeconomy) year on year (YoY). The YoY improvement mainly reflects a drop in the number of jobless by 5.2...) fell by 2.7 pp YoY to 39.7 percent. The 30-44 age group posted a drop in the unemployment rate by 1 pp... with its share to employed edging up to 7.2 percent. In addition, the number of discouraged (available
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