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Building activity jumps by 34.2 pct in Mar, Q1 permits up 13.6 pct
EconomyMacroeconomyBuilding permits recorded a solid rebound in March, rising by 34.2 percent year-on-year (YoY), following a contraction of 15.2 percent in February, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Wednesday. Last month was the first negative reading since July 2022
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Tsipras resigns, paves way for leadership contest at SYRIZA as left looks to regroup
PoliticsGreek Politicspowerhouse. Exit poll data suggests that PASOK is still performing more strongly among older and rural
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Retail sales rise by 1.5 pct in Apr, food volumes down by 4.2 pct
EconomyMacroeconomyGreece’s retail sales turned positive in April after the first negative reading since 2021, with a rise of 1.5 percent year-on-year (YoY), from a marginal drop of 0.3 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index dropped by 5.2
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Producer Price Index contracts for third consecutive month, down 12.9 pct in May
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for the third consecutive month in May, falling by 12.9 percent year-on-year (YoY), from a 13.3 percent contraction in April, ELSTAT data showed on Friday. The index was in negative territory for most of 2020 and up to March 2021, when it grew annually
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Where are the Conservatives?
Agoracomparative analysis. We use data in other European governments that define the “cabinet” (or “council
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Manufacturing remains in expansion in May amid client demand concerns
EconomyMacroeconomyGreece’s Manufacturing PMI remained in expansion territory in June, although it stayed virtually unchanged at 51.8 points, from 51.5 points in May, according to S&P Global data released on Monday. This is the fifth month that the conditions in the Greek manufacturing sector have improved, with June
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CPI drops in Jun on back of lower energy costs, but food prices continue to climb
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) dropped below the ECB’s target of 2 pct in June, with a reading of 1.8 percent year-on-year (YoY), after growing by 2.8 percent in May, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling
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Industrial production growth slows to 1.4 pct annually in May, only manufacturing expands
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) slowed in May, rising by 1.4 percent year-on-year (YoY), from a slightly downwards revised 4.1 percent in April, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. The index has been growing in all five months of 2023. Up to May
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Vehicle sales up 10.8 pct YoY in Jun, rising by 13.2 pct in H1
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time accelerated further in June, rising by 9.2 percent year-on-year (YoY), from 5.6 percent in May, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday. In June 2022, the year-on-year change was a 2 percent rise
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Import prices fall sharply in May as energy drops by 40.5 pct
EconomyMacroeconomyThe contraction of Greece’s import price index picked up further pace in May, as it fell by 20.8 percent year-on-year (YoY), after dropping by 17.5 percent in April, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. This is the fourth negative reading
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