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  1. Current account deficit at 8 bln after 10M as goods deficit widens
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account remained in deficit in October, widening to 383.2 million, from 316.5 million euros in September, Bank of Greece (BoG) data showed on Friday. In October 2023, the balance showed a deficit of 1.21 billion euros. The Bank of Greece notes that this is mainly due

    2%

  2. Mitsotakis looks ahead to tax tweaks for middle class, welcomes back errant MP

    PoliticsGreek Politics

    . Based on data from tax returns, the income distribution in Greece shows that out of 8.8 million

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  3. PM weighs up options over pick for president ahead of January decision

    PoliticsGreek Politics

    and methodical way of passing laws. According to data from the Centre for Liberal Studies (KEFIM), out of 11

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  4. Solid Oct for travel receipts takes 10M figure to new record of 20.94 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 1.94 billion euros in October, compared to 3.58 billion euros in September, according to data released by the Bank of Greece (BoG) on Tuesday. October balance was 18.6 percent higher than the 1.64 billion euros recorded in October 2023. In October 2022

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  5. Despite marginal drop in Sep, building permits up by 17.1 pct over 9M
    Photo by MacroPolis

    EconomyMacroeconomy

    Building activity experienced a marginal decline in September, with a decrease of 0.9 percent year-on-year (YoY), after a rise of 10.5 percent in August, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. The total number of permits issued in September reached

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  6. Government pledges more reforms, but economy set to prove deciding factor in 2025
    Image: MacroPolis

    PoliticsGreek Politics

    between profits and wages. It points out that, according to the latest data, the government has some

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  7. Energy drives 1.2 pct YoY drop in Nov producer prices as other categories increase strongly

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) remained in contraction in November, although it moderated to 1.2 percent year-on-year (YoY), after a decline of 2.3 percent in October, ELSTAT data showed on Monday. July this year provided the first positive reading since February 2023, producer prices have

    2%

  8. PMI rebounds strongly to 53.2 points in Dec but cost concerns persist
    Photo via https://flic.kr/p/vFAyry

    EconomyMacroeconomy

    Greece’s Manufacturing PMI recorded a strong rebound in December, rising to 53.2 points, from 51.2 points in November, according to S&P Global data released on Thursday. The conditions in Greek manufacturing at the end of 2024 improved at the fastest pace since the summer thanks to improved demand

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  9. CPI at 2.6 pct in Dec, housing costs climb by 3.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in Greece’s Consumer Price Index (CPI) picked up slightly in December with a rise of 2.6 percent year-on-year (YoY), from 2.4 percent in the previous month, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month

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  10. Energy prices drive 2.8 pct YoY import price drop, as non-durable goods rise
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s import price index contraction moderated further in November, dropping by 2.8 percent year-on-year (YoY), after a 5.5 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday. The index recorded more than one year

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