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Energy fuels producer price fall of 8.9 pct in Nov, but non-durable consumer goods keep rising
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for the ninth successive month in November, dropping by 8.9 percent year-on-year (YoY), after falling sharply by 13.5 percent in October, ELSTAT data showed on Friday. The index had been growing over a two-...
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Retail sales make marginal YoY gains in Nov, volumes continue to fall sharply
EconomyMacroeconomyGreece’s retail sales made marginal gains in November, with a rise of 0.6 percent year-on-year (YoY), after no change in October, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The corresponding volume index recorded a drop of 5.2 per...
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Trade deficit rises by 2.7 pct in Jan, as exports continue to fall sharply
EconomyMacroeconomyGreece’s trade deficit recorded a rise of 2.7 percent year-on-year (YoY) in January, after a decline of 11.3 percent in December, according to data released by ELSTAT on Friday. The deficit came to 2.54 billion euros for January. Imports totalled 6.55 b...
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Retail sales back in contraction for Jan, as volumes fall by 8.9 pct
EconomyMacroeconomyGreece’s retail sales went into contraction in January, with a drop of 2.3 percent year-on-year (YoY), after upwards revised growth of 7.6 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index...
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As base effect wears off, producer prices fall by just 0.1 pct in Mar
EconomyMacroeconomyGreece’s Producer Price Index (PPI) recorded only a marginal contraction in March, dropping by 0.1 percent year-on-year (YoY), after falling by 4.3 percent in February, ELSTAT data showed on Tuesday. The index had been growing over a two-year period sin...
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Drop in retail sales accelerates to 1.8 pct YoY in Aug, fall in volumes sharper
EconomyMacroeconomyGreece’s retail sales saw an accelerated drop of 1.8 percent year-on-year (YoY) in August, after a marginal decline of 0.2 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The corresponding volume index experienced an ev...
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Industry, services and construction lead fall in Feb economic sentiment to 106.9
EconomyMacroeconomyGreece’s economic sentiment (ESI) declined in February to 106.9 points, from 108.6 in the previous month, according to European Commission figures released on Thursday. Over the rolling 12-month period, January’s ESI is down 1.3 points from March 2024. ...
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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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Trade data captures reflects challenges as exports fall 14.5 pct in Apr
EconomyMacroeconomyGreece’s trade deficit dropped by 6.9 percent year-on-year (YoY) in April, after a sharp rise of 25.3 percent in March, according to data released by ELSTAT on Friday. The deficit came to 2.84 billion euros for April. Imports totalled 6.67 billion euros...
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Government moves to shake off Tempe affair after opposition bids at prosecution fall flat
PoliticsGreek PoliticsNew Democracy succeeded in limiting the scope of judicial proceedings against politicians in relation to the deadly Tempe rail crash after rival motions by opposition parties to widen the net of prosecutions were voted down. The conservatives hope that ...
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