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Industrial turnover growth slows to 6.7 pct in Feb
EconomyMacroeconomy-domestic market was up by 9.8 percent. In the domestic market, the rise in January was led by a 4.7... by 3.8 percent, led by increases of 3.5 percent in manufacturing and mining and quarrying up by 50.8... sentiment (ESI) recorded a modest drop in March, falling by 0.8 points to 106.8, from a rise of 1.7 points
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Industrial turnover posts slowest growth in 2 years, up 1.5 pct in March
EconomyMacroeconomymarket, the rise in March was led by a 2.5 percent increase in manufacturing, and 26.9 percent rise in mining and quarrying. In the non-domestic market, the increase was driven by a 1 percent drop... turnover in the total market increased by 16.8 percent, led by increases of 16.7 percent
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Producer prices record back-to-back decline in Apr as energy falls by 24.4 pct YoY
EconomyMacroeconomy), the index decreased by 0.3 percent, after a drop of 5.8 percent in the previous month.... The products sold in the domestic market dropped 13.1 percent annually, led by mining and quarrying... that contracted by 21.1 percent. Goods sold to the foreign market were down by 13.9 percent YoY, led
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Newsletter 386 - 23/06/2023
chance. Even then, though, New Democracy’s support would need to drop to close to 38 pct, from... and being replaced by populist Plefsi, led by another former SYRIZA official – Zoe Konstantopoulou... imbalances that led to a major loss of competitiveness and unsustainable spending by the public and private
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Producer Price Index contracts for third consecutive month, down 12.9 pct in May
EconomyMacroeconomy), the index decreased by 2.6 percent, after a drop of 0.3 percent in the previous month. This is four.... The products sold in the domestic market dropped 10.6 percent annually, led by refined oil products... percent. Goods sold to the foreign market were down by 19.6 percent YoY, led by refined oil products
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GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
EconomyMacroeconomywere led by rising final consumption by 0.2 percent QoQ. Investments rose by 0.3 percent. Exports decreased by 1.2 percent and imports increased by 1 percent. The export drop was led by a decrease
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Clash over institutional interference primes political mood ahead of local elections
PoliticsGreek Politicselections this coming weekend, the government’s manoeuvring last week - which led to replacement... led to six ADAE board members being replaced. In order to achieve the 3/5 majority needed to make... that Greek Solution’s support for the government was a quid-pro-quo so tax authorities would drop
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Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
EconomyMacroeconomyof 2.5 pct in 2023, while government spending will drop by 1.3 pct, after rising by a marginal 0.3..., led by taxes that are seen reaching 61.33 billion euros, above target by 5.5 billion euros. This outperformance is attributed to higher indirect taxes by 1.2 billion euros, mostly led by VAT. Income
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Industrial production stays in contraction for third successive month in Aug
EconomyMacroeconomywas led by electricity supply falling by 7 pct, while mining was up by 13.3 pct. Water supply rose.... The monthly movement was led by increases of 0.2 pct in manufacturing, 1.8 pct in mining, and 0.6 pct in electricity supply, partially offset by 1 pct drop in water supply. According to the European
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Newsletter 397 - 13/10/2023
the poor results in this summer’s national elections, which led to Alexis Tsipras departing as leader... for the third successive month in August, falling by 0.5 pct, after a 1.9 pct drop in the previous month... months of 2023 is now a modest 0.7 pct. The annual movement in the index was led by electricity
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