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Trade deficit rises by 7 pct in November
EconomyMacroeconomyGreece’s trade deficit rose by 7 percent year-on-year (YoY) in November compared to a fall of 5.4 percent in October, data from the Hellenic Statistical Authority (ELSTAT) released on Thursday showed. The deficit came to 1.61 billion euros for the month. Imports came to 4.32 billion euros, showing
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Trade deficit falls by 23.8 pct in January as EU imports drop 7 pct
EconomyMacroeconomyby geography showed that imports from EU countries fell by 7 percent, while those from non-EU countries
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Disposable income rises by 7 pct in Q2 as economy recovers, savings still positive
EconomyMacroeconomyHousehold disposable income increased by 7 percent year-on-year in the second quarter (Q2), from 5.1 percent in the first quarter (Q1) of 2021, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. The absolute figure was 33.04 billion euros, from 30.89 billion euros a year
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BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
Economy, with the figure in the adverse case pushing even higher to 7 pct. De-escalation is expected in 2023, assuming
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Industrial production grows by 7 pct in Jul, as manufacturing records monthly drop
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) continued recording gains in July, rising by 7 percent year-on-year (YoY), after an upwards revised 8.9 percent in June, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. The index has now grown in five out of the first seven
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CPI stable at 7 pct in Jan as food inflation persists
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) remained broadly unchanged at the start of 2023, rising by 7 percent year-on-year in January, after increasing by 7.2 percent in December, according to the data released on Wednesday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling
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Strong rise in food sales pushes 7 pct YoY increase in Jan retail
EconomyMacroeconomyThe growth of Greece’s retail sales jumped by 7 percent year-on-year (YoY) in January, after a rise of 6.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The corresponding volume index also rose by 4.5 percent YoY, from a 4.7 percent increase
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Industrial production shoots up by 5 pct in March for highest rise since 2007
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) advanced for the second successive month in March, at an accelerating rate of 5 percent in March after rising by 1.9 percent in February, according... by capital goods (+7.5 percent), consumer non-durables (+6.8 percent), energy (+5 percent
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Time deposit rate eases by another 5 bps in Nov, average loan rate drops 16 bps
EconomyMacroeconomyGreek households’ new time deposit rate eased by 5 another basis points (bps) to just above the 1-percent mark in November, Bank of Greece (BoG) figures showed on Friday. The November rate represents..., the respective rate rose to 5.22 percent (amounts between 250,000 and 1 million euros). It fell to 5
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General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus increased by 1 billion euros to 5 billion in 2016 from around 4 billion in the previous year, the Finance Ministry (MoF) gg bulletin revealed..., up by more than 5 billion from last year on the back of ESM disbursements of 10.3 billion mitigated
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