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  1. Corporate, income taxes and VAT propel tax outperformance in July above 2 bln
    Image: MacroPolis

    EconomyMacroeconomy

    came to 5.22 billion euros, exceeding the target by 717 million. Overall, the PIB is in a roughly 2.2 billion euros deficit. Greece has also received 159 million euros from the RRF, with 876 million

    3%

  2. Boosted by seasonal factors, quarterly unemployment drops below 10 pct for first time since 2009
    Photo by MacroPolis

    EconomyMacroeconomy

    by 2.2 percent from the same quarter of 2023. The number of economically inactive people who..., 114,300, has not worked for more than four years, though dropping by 18.7 percent year-on-year. Most

    3%

  3. Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    its time in office. Growth for this year is seen at 2.2 pct, when the 2024 budget had assumed... than 10 billion to 242.34 billion euros. Revenues On the fiscal front, the budget has broadly

    3%

  4. Industrial turnover returns to contraction in Nov with sharp 5 pct YoY drop

    EconomyMacroeconomy

    by 2.2 percent. In respect to sentiment indicators, Greece’s Manufacturing PMI recorded a strong..., industry confidence has risen by circa 2 points. Overall, Greece’s economic sentiment (ESI) was virtually

    3%

  5. Industrial turnover grows by 5.7 pct YoY in Dec - 2024 rise at 2 pct

    EconomyMacroeconomy

    increased by 7.7 percent, while the non-domestic market was up by 2.2 percent. On a monthly basis... February 2024, industry confidence has risen by circa 10 points. Overall, Greece’s economic

    3%

  6. Trump's tariffs create gloomy economic environment for vulnerable Greece
    Image: MacroPolis

    EconomyMacroeconomy

    , Greece’s direct trade with the US might be limited, but it has a major exposure to EU trade... exports had a difficult time in recent years, as total exports continued to decline, falling by 2.2 pct

    3%

  7. CPI at 2.4 pct in Mar as housing rises by 5.9 pct and food picks up pace again
    Image: MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) has stabilised in the recent months, with a rise of 2.4 percent year-on-year (YoY) in March, from 2.5 percent in the previous month, according to the data released..., food inflation rose sharply again in March with a 2.2 percent YoY rise, also with a 0.9 percent

    3%

  8. CPI moderates to 2 pct in Apr, rents continue to climb with 10.8 pct YoY rise
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) has stabilised in the recent months, with a rise of 2 percent year-on-year (YoY) in April, from 2.4 percent in the previous month, according to the data released... inflation rose by 2 percent, after a sharp increase in March with a 2.2 percent YoY, though dropping

    3%

  9. Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
    Photo by MacroPolis

    EconomyMacroeconomy

    monthly movement was down by 2 percent. As we noted last month, the data has a strong seasonal component... decreased by 0.2 percent and food sales dropped by 3.1 percent. Supermarket sales fell by 2.2

    3%

  10. Significantly contained spending pushes July primary surplus 4.36 bln above target

    EconomyMacroeconomy

    of roughly 2.2 billion euros. RRF-related expenditures were 1.7 billion euros in the period, just below the target by 17 million euros. Greece has received 1.35 billion euros from the RRF.

    3%