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  1. Vehicle sales rise 8.3 pct YoY in Aug, led by new passenger cars
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time grew by 12.3 percent year-on-year...) data released on Tuesday. In August 2022, the year-on-year change was a 19.1 percent rise. Car... by 26.3 percent from a year earlier to 5,699. In the first eight months of 2023, road motor cars have

    1%

  2. Tax revenues continue to outperform in Aug, as ministry explains frugal approach
    Finance Ministry

    EconomyMacroeconomy

    released by the Finance Ministry (MoF) on Monday. In the first eight months of the year, the budget... of individuals and companies of the previous year, collected in instalments until the end of February 2023, as well as the performance of the collection of VAT for the current year. The full revenue

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  3. Current account deficit shrinks to 7 bln in 7 months as energy and imports ease
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    to a deficit of 3.1 billion euros in the same month last year. Total imports came to 6.8 billion euros in July, from 7.98 billion last year. At the same time, total exports came to 4.18 billion euros... a deficit of 567.3 million euros, from 1.16 billion euros last year. The balance of goods excluding oil

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  4. Building activity continues to grow, rising by 13 pct YoY in Jun
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits recorded solid growth in June, rising by 13 percent year-on-year (YoY), after...) on Thursday. Permits have been growing annually this year except in February, which saw the first annual decline since July last year. The total number of permits issued in June reached 2,461, from

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  5. Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    maintaining its momentum, with growth rising from the 2.3 pct expected this year, though slower from the 5.9... that investments did not meet this year’s expectations as they grew by 8.3 pct, when 16 pct was estimated... to 235.15 billion euros, from 224.13 billion euros this year. The harmonized inflation index is seen

    1%

  6. Trade deficit continues to shrink in Aug despite exports losing momentum
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 7 percent year-on-year (YoY) in August, after a decline... already started widening by the end of 2021. The year-on-year growth of July 2022 had already jumped..., the aggregate deficit was down by 6.8 percent, at 16.24 billion euros. Year to date, imports from EU

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  7. Car sales soar by 21.6 pct in Sept, up 12.9 pct in 9M
    Photo by MacroPolis

    EconomyMacroeconomy

    , growing by 15.6 percent year-on-year (YoY), after a 12.3 percent rise in August, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday. In September 2022, the year-on-year.... Motorcycle sales decreased by 0.6 percent from a year earlier to 5,712. In the first nine months

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  8. Tax revenues beat target by 3.16 bln in Sep, as contained spending leads to 6 bln primary surplus
    Photo by MacroPolis

    EconomyMacroeconomy

    execution data released by the Finance Ministry (MoF) on Monday. In the nine months of the year, the budget... duties and better performance of income taxes of individuals and companies of the previous year, as well as the performance of the collection of VAT for the current year. The full revenue breakdown

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  9. Building activity resilient, permits higher by 11.1 pct up to July
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits remained on a solid footing in July, rising by 7.5 percent year-on-year (YoY... (ELSTAT) on Friday. Permits have been growing annually this year except in February, which saw the first annual decline since July last year. July growth is also less than half the 15.8 percent rise

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  10. Trade deficit to Sep drops by 18.1 pct, exports struggle with 6.4 pct decrease
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 25.9 percent year-on-year (YoY) in September, after... as the trade deficit had already started widening by the end of 2021. The year-on-year growth of September 2022... euros. Year to date, imports from EU countries were up by 2.4 percent to 30.13 billion euros, while

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