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  1. Industrial turnover records five months of contraction after 6.2 pct drop in Aug
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s industrial turnover remained in contraction in August, dropping by 6.2 percent year-on-year (YoY), from a 10.3 percent decrease in July, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. This is the fifth successive annual drop, something not seen since

    2%

  2. Travel receipts of 14.66 bln to Aug beat last year, head for all-time record
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 4.11 billion euros in August, from 3.88 billion euros in July, according to Bank of Greece (BoG) data released on Monday. August’s balance was 4 percent higher than the 3.95 billion euros registered in August 2022. The balance in August 2021 was 3.02

    2%

  3. VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday. In the nine months of the year, the budget

    2%

  4. Newsletter 399 - 27/10/2023

    Newsletters

    government bonds. According to the latest data, Greece has 87 billion euros in bonds and 11.8 billion

    2%

  5. 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), after a rise of 13 percent in June, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. Permits have been growing annually this year except in February, which saw

    2%

  6. Spyware probe claims push spotlight back on government's treatment of institutions

    PoliticsGreek Politics

    pct in June) and PASOK 13.4 pct (up from 11.8 pct in the elections). The polling data suggests

    2%

  7. Despite annual drop in Sep, producer prices rise for 4 consecutive months
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) contracted for the seventh successive month in September, dropping by 4.3 percent year-on-year (YoY), after falling by 8.3 percent in August, ELSTAT data showed on Monday. The index was in negative territory for most of 2020 and up to March 2021, when it grew

    2%

  8. Inflation boosts retail sales growth to 2.4 pct in Aug, volumes continue to slide
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales remained in positive territory in August, with a rise of 2.4 percent year-on-year (YoY), after a 3.4-percent rise in July, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The corresponding volume index recorded a drop of 3.6 percent. Sales volumes have been

    2%

  9. Government faces uproar over tax evasion measures despite solid poll ratings
    Photo by MacroPolis

    PoliticsGreek Politics

    in favour of New Democracy. Poll The latest polling data suggests that New Democracy does not face

    2%

  10. Government feels pinch from public's fears about high cost of living
    Photo by Gerasimos Domenikos/Fosphotos

    PoliticsGreek Politics

    . His comments came on the back of worrying inflation data for the government. Eurostat revealed

    2%