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Manufacturing posts back to back growth in March as PMI rises to 52.8 pts
EconomyMacroeconomyGreece’s Manufacturing PMI remained in expansion territory in March, rising to 52.8 points, from 51.7 points in February, according to S&P Global data released on Monday. This is the second month on the bounce that the conditions in the Greek manufacturing sector have improved, leading
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Macroeconomic fundamentals for Greece
Agora(2020-2029)? Demographics. To answer this question, let us start with Figure 1. Data are from the UN’s most
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Spotlight on far-right party that might upset election arithmetic
PoliticsGreek Politicsparties as an attempt to intimidate the heads of the communications privacy watchdog ADAE and the Data
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Price rises moderate further in Mar on annual basis, but pick up MoM
EconomyMacroeconomyThe pace of the rise in Greece’s Consumer Price Index (CPI) dropped further in March, when it increased by 4.6 percent year-on-year (YoY), from a 6.1 percent upsurge in February, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling
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Industrial production growth accelerates to 5.2 pct in Feb, electricity supply contracts again
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) picked up strength in February, rising by 5.2 percent year-on-year (YoY), from just a marginally positive 0.8 percent in January, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. This is the first back-to-back sector growth
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Car sales jump by 28.4 pct in Mar, rise by 21.5 pct in Q1
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time grew strongly in March, rising by 31.3 percent year-on-year (YoY), after dropping by 8.2 percent in February, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. In March 2022, the year-on-year change was a 5.6
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Top judge's resignation over election law overshadows campaigns
PoliticsGreek Politicsat the personal data protection authority over the surveillance affair. The opposition alleges
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Import prices turn negative in Feb for first time in two years
EconomyMacroeconomyGreece’s import price index went in contraction in February, dropping by 5.6 percent year-on-year (YoY), after a rise of just 0.4 percent in January, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. This is the first negative reading since January 2021, when
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Budget primary surplus at 3.07 bln in Mar on back of 2022 tax collections, underspend
EconomyMacroeconomyThe budget primary balance came to a surplus of 3.07 billion euros in March, compared to a deficit of 1.65 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Wednesday. In the first three months of the year, the budget
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Current account deficit narrows to 1.32 bln in Feb as oil impact wanes
EconomyMacroeconomyGreece’s current balance in the second month of 2023 came to a deficit of 1.32 billion euros, from a narrow deficit of 125.2 million euros in January, Bank of Greece (BoG) data showed on Thursday. In February 2022, the balance showed a deficit of 2.34 billion euros, while in February 2021
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