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Industrial production on up again in May as manufacturing expansion triggers 3.2 pct rise
EconomyMacroeconomy-on-month (MoM), the index recorded a rise of 2.4 percent in May, after a drop of 9.1 percent MoM in April. The annual movement in the index was led by the 4.9 percent rise in manufacturing, partially offset.... The monthly movement was led by electricity supply, up by 6.2 percent, while manufacturing was up
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Energy products drive import price to second highest ever growth of 37.3 pct in May
EconomyMacroeconomyrespectively. The monthly movements were led by a 6.2 percent rise in refined oil products, followed by 2.4 percent in food products and 2.1 percent in wood products. In terms of industries, energy led...-on-month drop since August last year, falling by 2.9 percent.
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Producer prices climb by 39.9 pct in June, but record first back-to-back monthly drops since 2020
EconomyMacroeconomy. This is the first back-to-back monthly drop since August and September of 2020. The rise of products sold in the domestic market reached 33.7 percent annually, led by refined petroleum products at 120.9.... Goods sold to the foreign market were up by 59.2 percent YoY, led by 131.4 percent higher prices
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Back-to-back contraction for PMI in Aug reflects tough conditions for manufacturing
EconomyMacroeconomydrop to 49.1 in July, according to S&P Global data released on Thursday. August’s PMI captured back... and production led to a fall in workforce numbers, for the first time since December 2020, due to higher.... Lower production also led to a decrease in purchasing activity, falling at a solid pace for four
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Newsletter 350 - 09/09/2022
of goods and services increased by over 15 pct, led by growth in services with 34.4 pct, benefiting from... formation dropped QoQ by 1 pct, the first quarterly drop since the last quarter of 2020... movement was led by growth in private consumption by 2.2 pct QoQ. Government spending was also up by 1.4
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Draft 2023 budget sees growth cooling to 2.1 pct, primary surplus at 0.7 pct
EconomyMacroeconomy, while government spending will drop by 1.5 pct, after rising by a marginal 0.2 pct in 2022. Exports.... Revenues beat the target by 5.5 billion euros, reaching 60.96 billion, led by taxes that are seen reaching..., mostly led by VAT. Income taxes will also outperform this year, up by 1.2 billion euros, thanks
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Newsletter 355 - 14/10/2022
Greek Solution, led by pro-Russia Kyriakos Velopoulos, has moved into double digits in some parts... growth by 10.5 pct not be met, the growth will drop to zero. The IMF in its World Economic Outlook..., with annual movement in the index led by a 5.3 pct increase in electricity supply, followed by a 4.5 pct
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Industrial production back in negative territory for Sep as electricity supply drops sharply
EconomyMacroeconomyadjusted index also recorded a decrease of 3 percent, after a drop of 1.1 percent in the previous month. The annual movement in the index was led by an 11.5 percent decrease in electricity supply, followed... offset by a 1.9 percent rise in manufacturing. The monthly movement was led by electricity supply
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Newsletter 358 - 11/11/2022
Greece’s trade deficit continues to widen this year, partly led by higher oil prices and the inflation... in September to 3.61 billion euros, levels not seen since the days that led to major debt crisis... recorded their third monthly drop in the last four months. There is also a base effect as last
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Newsletter 359 - 18/11/2022
at the centre of the developments that led to Predator being brought to Greece. In an interview with EfSyn... December last year, when it had grown by 23.6 pct. Month-on-month the index posted a 2.2 pct drop, now... 70,048 negative balance. Jobs in accommodation and catering led the rise in departures with negative
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