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  1. Across-the-board price hikes bring CPI rise of 10.2 pct in April

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) continued its record-breaking rise in April, increasing by 10.2 percent year-on-year (YoY), after rising by 8.9 percent in March, according to the data released on Tuesday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month

    2%

  2. Implementation snags hang over ambitious post-Covid recovery plans

    PoliticsGreek Politics

    . An article published by Kathimerni newspaper cites data from an internal RRF progress report which

    2%

  3. Much riding on EU approval of plan to cap energy prices
    Photo by EC - Audiovisual Service

    PoliticsGreek Politics

    cost of living, which is being led by energy prices. This was emphasised by the latest inflation data

    2%

  4. Growth in car sales eases to 1.9 pct in Apr as new purchases drop
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time increased by 1.9 percent year-on-year (YoY) in April, slowing down from the growth of 7.6 percent in March, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In April 2021, the year-on-year change

    2%

  5. Import price index rise of 34.6 pct in Mar highest since inflation rise began

    EconomyMacroeconomy

    Greece’s import price index accelerated further in March, posting another solid rise of 34.6 percent year-on-year (YoY), from 27.2 percent in February, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. This is the highest annual growth during the inflation wave

    2%

  6. Tourism jobs deliver highest April hiring balance on record at 124,365
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance made a remarkable recovery in April after two subdued, pandemic-impacted years as 124,365 more hirings than departures were recorded, according to data from the Labour Ministry’s Ergani information system. The balance was also positive in March this year with 34,373 more

    2%

  7. Current account deficit deepens in Mar, reaching 6.45 bln for Q1
    By Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece posted a current account (C/A) deficit of 2.33 billion euros in March, from a deficit of 2.12 billion euros in February, Bank of Greece (BoG) data showed on Friday. In March 2021, the balance showed a deficit of 1.45 billion euros, while in March 2020 the current account posted a deficit

    2%

  8. Inflation and economic bounce boost tax revenues as Jan-Apr budget primary balance beats target by 1.65 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first four months of 2022 was confirmed at a deficit of 799 million euros, compared to a deficit of 6.2 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Wednesday. The primary balance

    2%

  9. Growth in building permits rises to 13.7 pct for Feb after slow start
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in building permits picked up pace again in February, with total permits rising by 13.7 percent year-on-year (YoY), from 4.3 percent in January, according to the latest data released by the Hellenic Statistical Agency (ELSAT) on Friday. The total number of permits issued in February

    2%

  10. Deposits grow by 1.35 bln in April, reversing Q1 trend
    Photo via https://flic.kr/p/95a2dS

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system in April turned positive to 1.35 billion euros, from a negative flow of 989 million euros in March, and negative movement of 258 million seen in February, based on Bank of Greece (BoG) figures released on Friday. The latest data

    2%