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Despite slight moderation of PMI in Jan, manufacturing sentiment improves
EconomyMacroeconomyGreece’s Manufacturing PMI started the new year with a slight moderation, falling to 52.8 points, from 53.2 points in December, according to S&P Global data released on Monday S&P says that the latest data signals a modest improvement in the health of t...
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Car sales start new year with a drop of 3.4 pct YoY in Jan
EconomyMacroeconomyVehicles going into circulation for the first time started the new year with a drop, falling by 7.4 percent year-on-year (YoY) in January, after a marginal decrease of 0.2 percent in December, according to Hellenic Statistical Authority (ELSTAT) data re...
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CPI at 2.7 pct in Jan as rent rise of 9.2 pct highlights housing cost difficulties
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) continued the moderate upward trend in January with a rise of 2.7 percent year-on-year (YoY), from 2.6 percent in the previous month, according to the data released on Friday by the Hellenic Statistical ...
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Jan primary surplus at 1.98 bln thanks to strong tax revenues and underspend
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 1.98 billion euros in January, compared to a surplus of 2.28 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Tuesda...
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Private sector deposits fall back below 200-bln-mark in Jan, led by coprorations
EconomyMacroeconomyThe private sector deposits in the Greek banking system started the new year with a sharp decline in January, with a net decrease of 4.79 billion euros, after a 5.59-billion-euro rise in December, according to the latest Bank of Greece (BoG) figures rel...
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Credit expansion picks up pace in Jan with 10 pct YoY rise
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in January, rising by 10 percent year-on-year (YoY), from 8.9 percent in the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was negative by ...
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Producer prices record first rise since Jul with 0.3 pct YoY increase in Jan
EconomyMacroeconomyGreece’s Producer Price Index (PPI) started the year in marginal growth, with a rise of 0.3 percent year-on-year (YoY), after a decline of 0.8 percent in December, ELSTAT data showed on Friday. This is the first positive reading since July 2024 and a co...
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Sharp drop in Jan unemployed leads to lowest rate since Dec 2008
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 8.7 percent in January, from 9.3 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. In January last year, the unemployment rate was 11.7 percen...
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Negative hiring balance in Jan, but figures improve YoY
EconomyMacroeconomyGreece’s employment balance started the new year with a negative balance, as there were 15,450 more departures than hires in January, according to data from the Labour Ministry’s Ergani information system. The hiring balance in January last year was neg...
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Jan trade deficit at 2.81 bln after rising by 8.5 pct YoY
EconomyMacroeconomyGreece’s trade deficit rose by 8.5 percent year-on-year (YoY) at the start of 2025, after a drop of 9 percent in December, according to data released by ELSTAT on Monday. The deficit came to 2.81 billion euros for January. Imports totalled 6.91 billion ...
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