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Agriculture output prices jump 28.7 pct YoY in Jul, despite input costs falling
EconomyMacroeconomyThe output index in agriculture recorded an increase of 28.7 percent year-on-year (YoY) in July, from 30.6 percent in the previous month, ELSTAT data showed last week, underlining the challenge households are facing with respect to food prices. Agricult...
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Retail sales grow by 3.1 pct in Jul, as food sales continue to contract
EconomyMacroeconomyGreece’s retail sales returned to positive territory in July, with a rise of 3.1 percent year-on-year (YoY), after a drop of 1.3 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index recorded a dr...
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Primary balance 4 bln above target in Jul due to underspend and tax performance
EconomyMacroeconomyThe budget primary balance recorded a surplus of 5.68 billion euros by July, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Friday. During the first seven months, the primary balance outperformed by over 4 b...
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Producer prices record first rise for 16 months, inching up by 0.1 pct in Jul
EconomyMacroeconomyGreece’s Producer Price Index (PPI) recorded a positive movement in July, rising by 0.1 percent year-on-year (YoY), after falling by 0.7 percent in June, ELSTAT data showed on Friday. This is the first positive reading since February 2023 ending a 16-mo...
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Industrial Production grows 10.6 pct in Jul as electricity and manufacturing lead way
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) grew in July by 10.6 percent year-on-year (YoY), after a 9.9 percent increase in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. The index now has just one neg...
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Import prices drop by 1.6 pct YoY in Jul due to energy, as all other categories rise
EconomyMacroeconomyGreece’s import price index turned into contraction in July, dropping by 1.6 percent year-on-year (YoY), after a 4.4 percent rise in June, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index recorded more than ...
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Building activity returns to growth with 15.2 pct YoY rise in Jul
EconomyMacroeconomyBuilding activity returned to growth in July, with a rise of 15.2 percent year-on-year (YoY), after a sharp drop of 1.7 percent in June, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Thursday. The total number of permits ...
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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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Golden Dawn draws support from surprising sources to retain popularity
PoliticsGreek Politicsalso hints at the difficulties other parliamentary parties face in trying to counter Golden Dawn’s
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Newsletter 62 - 12/02/2016
Pensions remain central issue Positive hints from Eurogroup as IMF calls for more measures The Eurogroup on Thursday evening sent a relatively positive signal, noting that progress has been achieved on important issues in the discussions between the institutions and Greek authorities
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