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Electricity propels 6.4 pct YoY jump in Oct industrial production
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) recorded another solid growth in October with a rise of 6.4 percent year-on-year (YoY) drop, after a jump of 7.3 percent in the previous month, according..., the index is up by 1.3 percent, from the same period last year. The annual movement in the index
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Wages index growth slows to 7.4 pct YoY in Q3
EconomyMacroeconomyGreece’s seasonally adjusted (SA) Wages Index grew by 7.4 percent year-on-year (YoY) in Q3, from 9.3 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Monday... in the previous quarter, with the previous quarter being a record, with Q4 last year and Q1 2025 also
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Industrial turnover up by just 0.3 pct YoY in Oct as manufacturing growth, domestic market slow
EconomyMacroeconomyGreece’s industrial turnover recorded a marginal rise of 0.3 percent year-on-year (YoY) in October, from a strong rebound of 13 percent drop in September, according to data released by the Hellenic... and only the second in the year. On a rolling 12-month basis, the industrial turnover was down
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PM tries to isolate protesting farmers, dismisses talk of reshuffle
PoliticsGreek Politicsbreaks, while stressing that fiscal space is limited. The government argues that by the end of this year farmers will have received a total of 3.5 billion euros of funds, compared to 3.2 billion last year. This figure is due to rise to 3.8 billion euros next year. Fiscal discipline was a recurring theme
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For 2026, PDMA sticks to debt strategy that proved successful previously
EconomyAt the end of last year, Greece’s debt managers published the country’s debt strategy for 2026... risks. Greece’s total funding needs for the year are estimated at 24.68 billion euros, broken down... also intends this year to allocate 8.8 billion euros in the reduction of the stock of T-Bills
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Trade deficit narrows by 15.1 pct YoY in Nov
EconomyMacroeconomyGreece’s trade deficit fell sharply by 15.1 percent year-on-year (YoY) in November, after a drop of 18.4 percent in October, according to data released by ELSTAT on Friday. The deficit came to 2.8... totalled 4.07 billion euros, rising by 0.4 percent. In November last year, the trade deficit was 3.3
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Growth of industrial production slows to 2.6 pct YoY in Nov
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) grew in November with a rise of 2.6 percent year-on-year (YoY) drop, though slowed from the jump of 6.4 percent in the previous month, according to Hellenic... is up by 1.4 percent, from the same period last year. The annual movement in the index reflects
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CPI accelerates to 2.6 pct YoY in Dec, food prices rise by 3.6 pct
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) accelerated in December with a rise of 2.6 percent year-on-year (YoY), from 2.4 percent in the previous month, according to the data released on Tuesday... the headline CPI, and in deflation since December last year, food inflation rose by 3.6 percent, after
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Car sales record strong rise in Dec, grow by 5.9 pct YoY in 2025
EconomyMacroeconomyVehicles going into circulation for the first time jumped by 18.7 percent year-on-year (YoY) in December, after a drop of 1.6 percent in November, according to Hellenic Statistical Authority (ELSTAT... by 22.9 percent. For the full year 2025, road motor cars rose by 5.9 percent annually. Passenger cars
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Government unveils 2026 reform agenda as Karystianou party continues to shake up politics
PoliticsGreek Politicsa presentation of the government’s reform plans for the coming year, New Democracy’s seventh in power... is distributed fairly across the country. The government has pledged to deliver in the coming year 50... growth in the regions. The plans for the coming year also include legislative initiatives in an array
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