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  1. Feb budget primary surplus confirmed at 840 mln, as revenues overperform
    Photo by MacroPolis

    EconomyMacroeconomy

    of collection of last year’s tax dues. VAT intakes beat their target by 280 million and special

    1%

  2. Building activity ends 2021 on the up, rising by 26.6 pct annually

    EconomyMacroeconomy

    percent, and volume increased by 45.7 percent. The European Commission’s latest business sentiment

    1%

  3. Net credit flow turns positive in Feb: 1.4 pct rise led by loans to corporations
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    EconomyMacroeconomy

    to 109.23 billion euros, from 108.34 billion euros in January. The corporate lending balance’s net

    1%

  4. Economic sentiment holds in Mar as consumer confidence falls sharply
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) dropped by 0.8 points in March to 113.2 points, from 114 points in February, according to European Commission figures released on Wednesday. Economic sentiment was 97.7 points in April 2021 and started recovering all the deterioration suffered during the pandemic

    1%

  5. Producer prices triple YoY and increase by 4.9 pct MoM
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    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) continued its meteoric rise in February, when it jumped by 33.6 percent year-on-year (YoY), after another solid increase of 31.6 percent in January, ELSTAT data said on Wednesday. The index was in negative territory for most of 2020 and up until March 2021, when

    1%

  6. Manufacturing growth slows in March as slower demand, costs and energy weigh on sector
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    EconomyMacroeconomy

    Greece’s Manufacturing PMI in March dropped to 54.6 points, from 57.8 points in February, according to S&P Global data released on Friday. The data points to a slip in growth, which is at its lowest for eleven months. However, the numbers still point to growth territory for the Greek manufacturing

    1%

  7. Oil drives up trade deficit by 171.8 pct in Feb for highest rise since 2010

    EconomyMacroeconomy

    Greece’s trade deficit continued growing in February, nearly tripling year-on-year, up by 171.8 percent, from a jump of 98.7 percent in January, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. The deficit came to 3.13 billion euros for the month. Imports

    1%

  8. CPI shoots up by 8.9 pct YoY and 2.7 pct on previous month

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) picked up more pace in March, rising by 8.9 percent year-on-year (YoY), from a 7.2 percent increase in February, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period increased

    1%

  9. Energy products lead rise as import price index escalates by 27.2 pct in Feb
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    EconomyMacroeconomy

    Greece’s import price index posted another solid rise of 27.2 percent year-on-year (YoY) in February, after shooting up by 31.8 percent in January, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. Month-on-month, the index also increased by 2.7 percent, after

    1%

  10. IMF trims 1 point off 2022 growth, makes major revision to inflation forecast
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    performance. In the Fiscal Monitor, Greece’s considerable spending during the pandemic is captured along

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