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Building activity starts 2023 with solid growth of 22 pct for permits
EconomyMacroeconomyBuilding permits started 2023 on a solid footing, thanks to a rise of 22.1 percent year-on-year (YoY) in January, after increasing by 16.1 percent in December, according to the data released by the Hellenic Statistical Agency (ELSAT) on Thursday. The total number of permits issued in January
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Hotel and restaurant jobs boost hirings balance in March
EconomyMacroeconomyGreece’s employment balance in March was positive by 61,912 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in March last year was 34,373, suggesting an improvement by 27,539 jobs. March also recorded the highest balance
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Newsletter 378 - 28/04/2023
agencies. They will have noticed that there was good news on the fiscal front in the first data
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Androulakis keeps coalition options open as polls suggest deadlock likely in first vote
PoliticsGreek Politicsopposition leader Alexis Tsipras with the latest data. New Democracy’s manifesto has also been more
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Retail index continues to rise in Mar, but food sales volume stagnant
EconomyMacroeconomyThe growth in Greece’s retail sales picked up pace in February, rising by 11.3 percent year-on-year, after a 10.6 percent increase in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index rose by just 2.3 percent annually, as volume strips out
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Producer prices drop in Mar for the first time in over 2 years, led by energy
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for the first time since January 2021, turning negative by 10.9 percent year-on-year in March, from 4.7 percent in February, 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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Manufacturing continues to grow in April, sector sentiment highest since Jan 2022
EconomyMacroeconomyGreece’s Manufacturing PMI continued its expansion trend in April, falling marginally to 52.4 points, from 52.8 points in March, according to S&P Global data released on Tuesday. This is the third month that the conditions in the Greek manufacturing sector have improved, leading to the second
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Far-right party banned, possibly reducing threshold for election majority
PoliticsGreek Politicsa surprise surge in support that would take it above the 3 pct threshold. The ProRata poll data
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Newsletter 379 - 05/05/2023
. Data presented by the Finance Ministry showed that 392 projects with a total envelope of 12.33
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Risk of poverty drops to 26.3 pct, reflecting post-Covid rebound
SocietyThe latest poverty data from ELSTAT covering 2022, using 2021 as reference year, was published on Monday. It captures the post-pandemic economic recovery, recording a drop of 2 percentage points for the population at risk of poverty and social exclusion to 26.3 percent. This came after a rise
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