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Producer prices contract 1.7 pct YoY in Aug due to energy drop
EconomyMacroeconomyGreece’s Producer Price Index (PPI) went further into contraction in August, with a drop of 1.7 percent year-on-year (YoY), after a decrease of 0.5 percent in July, ELSTAT data showed on Tuesday. This was the second contraction of the year, following six consecutive positive readings. The index had
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Survey attempts to map current contours of progressivism in Greece
Societyand abortion bans. The data thus describe a constituency that wants expanded rights and services
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Drop in energy costs bring CPI down to 1.8 pct YoY in Sep
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) decelerated further in September with a rise of 1.8 percent year-on-year (YoY), from 2.9 percent in the previous month, according to the data released on Thursday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period
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New vehicles drive car sales up by 20.7 pct YoY in Sep
EconomyMacroeconomyVehicles going into circulation for the first time jumped by 11.7 percent year-on-year (YoY) in September, after a decrease of 2.4 percent in August, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In September 2024, licences had decreased by 4.4 percent annually. Car
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Accelerated drop in energy drives import prices down by 2.4 pct YoY in Aug
EconomyMacroeconomyGreece’s import price index remained in contraction in August, with a drop of 2.4 percent year-on-year (YoY), after a 2.1 percent decline in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday. The index has now been in contraction for over half
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Tax collections and contained spending take primary surplus 4.15 bln above target in Sep
EconomyMacroeconomyThe budget primary balance produced a surplus of 9.36 billion euros up to September, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday. The primary balance came in at 4.15 billion euros above the target. Expenditure, excluding interest payments
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PM hits back at labour reform critics, defends 13-hour working days
PoliticsGreek Politics, the underlying data in the survey suggests that some of the support for the ruling conservatives is shaky
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Current account deficit improves significantly, reaching 6.62 bln up to Aug
EconomyMacroeconomyGreece’s current account recorded a surplus of 1.1 billion euros in August, from a surplus of 938.4 million euros in July, Bank of Greece (BoG) data released on Tuesday showed. In August 2024, the balance showed a surplus of 313.5 million euros. The Bank of Greece notes that this is mainly due
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Hiring balance improves by more than 18,000 jobs up to Aug
EconomyMacroeconomyGreece’s employment balance was negative in August with 2,542 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in August last year had 5,081 more departures. This led to a year-on-year drop of 2,539 fewer departures. Total
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Travel receipts up by 10.5 pct YoY in Aug on back of 7.5 mln arrivals in
EconomyMacroeconomyGreece's travel balance recorded a surplus of 4.15 billion euros in August, compared to 4.18 billion euros in July, according to data released by the Bank of Greece (BoG) on Wednesday. The August balance was 8.4 percent higher than the 3.83 billion euros recorded in August 2024. Receipts
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