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Producer prices slow further to 13.5 pct YoY in Jan, but rise MoM
EconomyMacroeconomyon Tuesday. The index was in negative territory for most of 2020 and up until March 2021, when it grew... of products sold in the domestic market reached 13.4 percent annually, led by electricity and gas up 19.2... percent. Goods sold to the foreign market were up by 14.1 percent YoY, led by paper products
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Growth in producer prices slows further to 4.7 pct as food products jump by 12.6 pct
EconomyMacroeconomy. The index was in negative territory for most of 2020 and up to March 2021, when it grew annually... products with 11.5 percent and basic metals up by 9.7 percent. Goods sold to the foreign market were up... up by 1.8 percent YoY, intermediate goods increased by 9.8 percent, capital goods were up by 2.1
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Newsletter 389 - 14/07/2023
. The PM argued that Tsipras was a “powerful personality” that held the party, made up of several factions.... The index has been growing in the five months of 2023 and is now up by 2.1 pct annually. Month-on-month... in the previous month. Car sales in June were up by 10.8 pct, with solid rises in passenger cars
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Storm impact and ferry death engulf political agenda
PoliticsGreek Politicsfor many years. When she served as labour minister, Achtsioglou made a point of stepping up... over the incident. Leadership vote The leftists are also not letting up in their criticism... events. This could help drum up interest in Sunday’s vote as even those who are not party members
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After Greece clambers back to investment grade, what lies ahead?
Agorathat it ended up signing, GGBs had five upgrades from S&P, handing over a rating of ‘BB-‘ with positive outlook... was beginning to pick up pace, and completed the programme it signed in the summer of 2018. In the process... if times get rocky in the markets, Greece is fully funded for up to three years. Both SYRIZA and New
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PM changes tune on inflation, ready to take further steps
PoliticsGreek Politicspct year-on-year (YoY) in December, up from 3 pct in the previous month. The aggregate CPI for 2023 was 3.5 pct in 2023. ELSTAT’s index for food prices was up by 8.9 pct YoY in December, barely changed... in the subcomponents. The price of olive oil was up by 58.5 pct, while vegetables were up by 14 pct
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Retail sales recorded 3.7 pct rise in 2023, but volume dropped by 3.3 pct
EconomyMacroeconomy. The volume’s monthly movement was up by 3.1 percent. Compared to December 2022, automotive fuel was down by 0.3 percent, non-food was up by 4.9 percent and food sales were up by 13.4 percent. Retail sales were led by a 9.1 percent YoY rise in food and beverages, while supermarket sales were up by 14
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Economic sentiment improves further in May, consumer confidence dips
EconomyMacroeconomyGreece’s economic sentiment (ESI) moved up in May, reaching 111 points, from 108.6 points... of the previous high of August 2023. Over the rolling 12-month period, the ESI in May is up 1.7...) remained the same at 122.6. The EEI is up by 2.5 points in the rolling 12-month period. Industry
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Fuel and food trigger retail sales jump of 10.9 pct in Mar
EconomyMacroeconomyin the previous month. The volume’s monthly movement was up by 6.2 percent. Compared to March 2023, automotive fuel was up by 8.6 percent, non-food increased by 7.1 percent and food sales jumped by 16.2... equipment that contracted by 11 percent, with supermarket sales up by 16 percent and food sales
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Industrial turnover soars by 18 pct YoY in Apr, strongest since early 2023
EconomyMacroeconomy. Manufacturing revenue was up by 17.8 percent, with the mining and quarrying also jumping by 41.8... in the domestic market increased by 17.2 percent, while the non-domestic market was up by 19.4 percent... of 10.1 percent in manufacturing, and mining and quarrying up by 20.4 percent. Monthly, the domestic
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