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  1. Manufacturing leads industrial turnover rise of 4.7 pct YoY in Jun
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s industrial turnover picked up pace in June, rising by 6.1 percent year-on-year (YoY) from... manufacturing sector have been improving for more than a year, however July’s reading... confidence turned negative to -1.6 points from 3.7 points in the previous month. Since August last year

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  2. Tourist arrivals up by 15.5 pct in H1, average spend down by 3.1 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    in 2023, up 7.7 percent year-on-year. Travel payments rose by 20.2 percent to 253.3 million euros..., compared with 588.6 euros a year earlier. Receipts from the EU27 were 3.82 billion euros, while eurozone... million in the same period last year.

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  3. PM hopes to reset narrative with positive announcements

    PoliticsGreek Politics

    , adding, “Greece is gearing up despite the challenges, and ND is implementing a four-year plan”. His... was just one year into its second term and was focussing on solving a problem a day. State Secretary.... There will be no generous spending plans announced at this year’s TIF as the government has already

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  4. Producer prices record first rise for 16 months, inching up by 0.1 pct in Jul
    Photo by James Montgomerie via Flickr https://flic.kr/p/jY8Sn

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) recorded a positive movement in July, rising by 0.1 percent year-on-year (YoY), after falling by 0.7 percent in June, ELSTAT data showed on Friday... growing over a two-year period since March 2021, before it turned negative in March last year. Month

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  5. Import prices drop by 1.6 pct YoY in Jul due to energy, as all other categories rise

    EconomyMacroeconomy

    Greece’s import price index turned into contraction in July, dropping by 1.6 percent year-on-year... Authority (ELSTAT) on Friday. The index recorded more than one year of consecutive negative readings, however, import prices were on the rise since March this year. The index peaked in April 2022

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  6. Significant underspend pushes 8M primary balance to 7.57 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    months of the year, the primary balance came in 4.26 billion euros above the target. Expenditure... is mainly due to the better performance of the previous year’s income taxes paid by natural and legal... in the collection of the current year’s taxes, such as VAT and excise taxes. The ministry also notes that much

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  7. Manufacturing and mining growth push industrial turnover up by 11.7 pct YoY in July
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    Greece’s industrial turnover picked up pace in July, rising by 11.7 percent year-on-year (YoY) from... December last year. Meanwhile, from the European Commission’s business indicators for August... month. Since September last year, industry confidence is now down by 1.7 points. Overall, Greece’s

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  8. Travel balance drops to 3.76 bln in July as expenditure per trip eases by 9.1 pct YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    year-on-year. Travel payments rose by 7.5 percent to 276.1 million euros. The number of arrivals... dropped by 5.7 percent to 584 euros for the period, compared with 619 euros a year earlier. Receipts from... million in the first seven months. This compares with 16.17 million in the same period last year.

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  9. Newsletter 434 - 27/09/2024

    Newsletters

    increases. In the previous year, there were 217 agreements at firm-level with 80 providing wage increases... of households were 195.36 billion. Following a volatile 2024, deposits year-to-date are up by less... pct year-on-year. The outstanding balance of loans is 118.65 billion euros. Credit to corporations

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  10. Energy pushes producer prices down by 2.4 pct YoY in Aug
    Image: https://www.flickr.com/photos/worldbank/

    EconomyMacroeconomy

    year-on-year (YoY), after a marginal rise of 0.1 percent in July, ELSTAT data showed on Monday... in contraction for almost 1.5 years. The index had been growing over a two-year period since March 2021, before it turned negative in March last year. Month-on-month (MoM), the index rose by 0.5

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