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CPI stable at 2.5 pct YoY in Jan, food up 4.5 pct, rents 8.7 pct
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) was broadly stable at the start of the new year with a rise of 2.5 percent year-on-year (YoY) in January, from 2.6 percent in the previous month, according to the data released on Thursday by the Hellenic Statistical Authority (ELSTAT). The average CPI
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Drop of 4.1 pct YoY for car sales at start of 2026
EconomyMacroeconomyVehicles going into circulation for the first time had marginal gains of 0.5 percent year-on-year (YoY) in the opening of 2026, after a jump of 18.7 percent in December, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In January 2025, licences had decreased by 7.4
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Sharp drop in oil costs drives 5.4 pct YoY decrease in import prices
EconomyMacroeconomyGreece’s import price index accelerated its contraction with a drop of 5.4 percent year-on-year (YoY) in December, after a 3.3 percent decrease in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index peaked in April 2022 with a 39.1
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Jan primary surplus at 3.5 bln as underspend continues into 2026
EconomyMacroeconomyThe budget primary balance produced a surplus of 3.5 billion euros at the opening month of 2026, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary balance came in at 1.76 billion euros above the target. Expenditure, excluding interest
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Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
EconomyMacroeconomyGreece’s current account recorded a deficit of 3.86 billion euros in December, from 2.08 billion euros in November, Bank of Greece (BoG) data released on Friday showed. In December 2024, the balance showed a deficit of 3.73 billion euros. The Bank of Greece notes that this is primarily due
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Travel receipts for 2025 break new record at 23.63 bln as visitors approach 38 mln
EconomyMacroeconomyGreece's travel balance recorded a surplus of 313.2 million euros in December, compared to 74.7 million euros in November, according to data released by the Bank of Greece (BoG) on Tuesday. The December balance was 83.5 percent higher than the 74.7 million euros recorded in December 2024. Receipts
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Jan primary surplus beats target due to 1.7-bln-euro underspend
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 3.51 billion euros for January 2026, compared to a surplus of 1.98 billion euros a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Wednesday. The primary balance in January was 1.76 billion euros
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Building activity continued recovery in Nov with 9.9 pct YoY rise
EconomyMacroeconomyBuilding activity continued to recover in November, with a rise of 9.9 percent year-on-year, after an increase of 13.5 percent YoY seen in October, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Thursday. The total number of permits issued in November reached 2,910
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Predator ruling reopens scandal that government hoped had been buried
PoliticsGreek Politicsof illegally accessing personal data through the phonetapping operation in 2020–21, issuing headline
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Energy key factor in 3.7 pct YoY drop for producer prices in Jan
EconomyMacroeconomyGreece’s Producer Price Index (PPI) opened the new year with a drop of 3.7 percent year-on-year (YoY) in January, after a decrease of 2.1 percent in the previous month, ELSTAT data showed on Friday. The index was in contraction for five months in 2025, mostly in the second part of the year
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