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  1. Import price index posts record rise of 39.1 pct in Apr, driven by energy

    EconomyMacroeconomy

    Greece’s import price index continued at an accelerated pace in April, posting another solid rise of 39.1 percent year-on-year (YoY), from 34.6 percent in March, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday. This is the highest annual growth during

    2%

  2. Budget primary balance to May beats target by wide margin, taxes continue to outperform
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first five months of 2022 came to a deficit of 1.49 billion euros, compared to a deficit of 8.14 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Wednesday. The primary balance beat

    2%

  3. Quarterly unemployment rises to 13.8 pct in Q1, reflecting off season for tourism

    EconomyMacroeconomy

    to the tourism sector taking its preliminary steps for the opening in April. The data is not seasonally

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  4. Newsletter 342 - 17/06/2022

    Newsletters

    would solidify in a second round of voting, which seems inevitable based on the current data

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  5. Travel balance back to normal, but Apr C/A deficit of 1.62 bln impacted by goods deficit
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece posted a current account (C/A) deficit of 1.62 billion euros in April, from a 2.33-billion-euro deficit in March, Bank of Greece (BoG) data showed on Monday. In April 2021, the balance showed a deficit of 2.07 billion euros, while in April 2020 the current account posted a deficit of 1.13

    2%

  6. Seasonal jobs account for 7 in 10 hirings as balance nears 100,000 in May
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s employment balance continued its recovery in May with 99,956 more hires then departures, according to data from the Labour Ministry’s Ergani information system released on Tuesday. April also had a solid positive balance of 124,365 more hirings than departures. The balance in May last year

    2%

  7. SYRIZA reproaches PM and ministers over wealth declarations, loans

    PoliticsGreek Politics

    that the latest data provides a great opportunity for the leftists to return to a common attack line

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  8. Jan-May primary budget deficit contained at 1.49 bln on back of property tax, VAT intakes
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance for the first five months of 2022 came to a deficit of 1.49 billion euros, compared to a deficit of 8.14 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat

    2%

  9. Output and new orders drop to lowest since Mar 2021, forcing PMI down by 2.7 pts

    EconomyMacroeconomy

    Greece’s Manufacturing PMI dropped by 2.7 points in June to 51.1 points, according to S&P Global data released on Friday. June’s PMI captured only a marginal improvement in the operating conditions of the Greek manufacturing sector and the slowest in the current sequence of expansion that started

    2%

  10. Newsletter 344 - 01/07/2022

    Newsletters

    EconomyRevenues outperform, but fiscal space sought to be tapped againThis week started with positive news for the Finance Ministry as the final data for the budget execution in May as revenues were well above their targets, primarily due to taxes. Net revenues for the period up to May came

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