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  1. Newsletter 355 - 14/10/2022

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    pct rise in the previous month. Month-on-month, the seasonally adjusted index dropped by 1.1 pct

    3%

  2. Current account surplus drops in Aug, as 8M deficit jumps by 73 pct to over 10 bln
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece posted a current account (C/A) surplus of 449.1 million euros in August, from 1.1 billion euros in July, Bank of Greece (BoG) data showed on Friday. In August 2021, the balance showed a surplus of 1.41 billion euros, while in August 2020 the current account posted a deficit of 150.8 million

    3%

  3. Building permits down by 2.3 pct in Jul as YTD activity growth nearly flat
    Photo by MacroPolis

    EconomyMacroeconomy

    the recent high in positive territory of 1.1 points in March.

    3%

  4. EC cuts 2023 growth forecast by more than half to 1 pct
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    , with the deficit seen at 1.8 pct next year, which corresponds to a primary surplus of 1.1 pct, which

    3%

  5. Building activity back to growth in Aug, but year-to date remains subdued
    Photo by MacroPolis

    EconomyMacroeconomy

    the recent high in positive territory of 1.1 points in March.

    3%

  6. GDP records first quarterly drop in Q3 since pandemic, 9M GDP up by 5.9 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    percent rise in services and 1.1 percent decrease in imports of goods. Compared to Q3 2021, all

    3%

  7. Industrial production drops by 0.9 pct YoY in Nov for third straight decline
    Image via www.viohalco.com

    EconomyMacroeconomy

    by 2.4 percent, and manufacturing increasing by 0.8 percent, partially offset by drops of 1.1 percent

    3%

  8. OECD sees recovery slowing, urges fiscal discipline
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    recovery to 1.1 pct in 2023, rising to 1.8 pct in 2024. According to the OECD, private consumption

    3%

  9. Industrial production drops for fourth straight month in Dec, up by 2.3 pct in 2022
    Photo via https://flic.kr/p/2iUFUMF

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) remained on negative ground in December, falling by 1.4 percent year-on-year (YoY), after a decline of 1.1 percent in November, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. This brings the index into contraction for half

    3%

  10. Industrial turnover grows by 16.7 pct in Dec as foreign markets contract MoM
    Image via www.viohalco.com

    EconomyMacroeconomy

    and quarrying down by 1.1 percent. Monthly, the domestic market was up by 0.8 percent while the foreign

    3%