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Producer prices down by 1.4 pct YoY in May, headed by energy
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in May, dropping by 1.4 percent year-on-year (YoY), after falling by 1 percent in April, ELSTAT data showed on Friday. The index had been growing over a two-year period since March 2021, before it turned negative in March last year and has
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Rise in producer prices accelerates to 2 pct YoY in May for fifth straight increase
EconomyMacroeconomyGreece’s Producer Price Index (PPI) picked up pace in May, with a rise of 2 percent year-on-year (YoY), after an increase of 0.5 percent in April, ELSTAT data showed on Monday. This is the fifth consecutive positive reading after a period of contraction that started in March 2023. The index had
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Industrial turnover resumes growth after 3 months, rising by 2.6 pct YoY in May
EconomyMacroeconomyGreece’s industrial turnover turned positive in May, with a rise of 2.6 percent year-on-year (YoY), from a 9.2 percent decrease in April, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. This is the first positive reading after three consecutive months of decline
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Energy continues to drive rise in producer prices as May sees 13.5% YoY increase
EconomyMacroeconomyGreece’s Producer Price Index (PPI) accelerated further in May to 13.5 percent year-on-year (YoY), after a rise of 12.8 percent in the previous month, ELSTAT data showed on Tuesday. The index was in contraction for seven months in 2025, mostly in the second part of the year, with annual drops
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Energy and domestic market drive industrial turnover growth of 14.1% YoY in May
EconomyMacroeconomyGreece’s industrial turnover recorded another sizable rise of 14.1 percent year-on-year (YoY) in May, from a jump of 23 percent in April, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday. On a rolling 12-month basis, the industrial turnover was up by 5.5 percent
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Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Economyof GDP. Fitch expects the fiscal performance to continue on a solid ground with estimated primary.... At the same time, the confidence in the system is improving and the stress tests in May did not reveal... the solid fiscal performance and the economic recovery persists over time, there is policy continuity
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Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
Economyearly this year. Greece’s cash reserves also remain solid, standing at 26.8 billion euros according... is sustained over time. Economic and fiscal policy must remain prudent, underpinning a solid... by a leading agency is on April 24 by S&P, followed by Moody’s on May 8. It was widely reported during
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PMI rises to 49.4 points in June as manufacturing resumes
EconomyMacroeconomyGreece’s manufacturing PMI increased to 49.4 points in June from 41.1 points in May, according..., the reopening of the economy and the acquisition of new clients, leading to solid levels of optimism... buying activity among manufacturers spurred a further fall in cost burdens. The solid fall in input
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Newsletter 330 - 04/03/2022
of the year and its resources could run out by May and then the ordinary budget might have to step... also had a solid increase of 48.3 percent. Pharmaceutical products and cosmetics increased by 23.1... of building permits issued in November increased by a solid 42.9 pct, after a rise of 18.4 pct in October
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Newsletter 334 - 08/04/2022
that it may not be able to deliver on its commitment to remove coal from the energy mix on the ambitious... before the summer it will fully offset the gains of an additional 4 billion euros from a solid tourism... by 171.8 pct year-on-year, after another solid increase of 98.7 pct in January. Following this start
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