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Import price index posts record rise of 39.1 pct in Apr, driven by energy
EconomyMacroeconomyGreece’s import price index continued at an accelerated pace in April, posting another solid rise of 39.1 percent year-on-year (YoY), from 34.6 percent in March, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday. This is the highest annual growth during
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Quarterly unemployment rises to 13.8 pct in Q1, reflecting off season for tourism
EconomyMacroeconomyGreece’s non-seasonally adjusted quarterly unemployment rate maintained an upward trajectory in the first quarter of the year, rising to 13.8 percent, from 13.2 percent in Q4 2021, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The jobless rate dropped by 3.3 percentage points
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Travel balance back to normal, but Apr C/A deficit of 1.62 bln impacted by goods deficit
EconomyMacroeconomyeuros, from last year’s figure of just 3.2 million euros, and 4.9 million euros of April 2020 when
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May cash deficit improves markedly YoY as revenues rise by 3.5 bln
EconomyMacroeconomyGreece’s central government recorded a primary cash deficit of 842 million euros in May, from a deficit of 2.09 billion euros in the same month of 2021, according to figures released by the Bank of Greece on Friday. The overall cash balance was a deficit of 933 million euros, from a deficit of 2.2
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Credit growth accelerates to 3.2 pct in May, led by loans to businesses
EconomyMacroeconomybillion euros in April. The corporate lending balance’s net monthly flow was positive by 589 million
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Building activity slows again in Mar, as Q1 rise reaches 6.7 pct
EconomyMacroeconomy. The European Commission’s latest business sentiment indicators for June showed that the construction
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Producer prices soar by 43 pct YoY in May, but see first monthly drop since Aug 2021
EconomyMacroeconomyThe pace of Greece’s Producer Price Index (PPI) annual growth slowed down, although only marginally, with one more explosive rise in May, shooting up by 43 percent year-on-year (YoY), having jumped by 48.8 percent in April, ELSTAT data said on Thursday. The index was in negative territory for most
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CPI shoots up by 12.1 pct in Jun as electricity and natural gas stoke biggest rise since early 90s
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) continued its record-breaking streak in June, rising by 12.1 percent year-on-year (YoY), after increasing by 11.3 percent in May, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month
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Trade deficit jumps by 84.7 pct in May, reaching 14.7 bln for 2022
EconomyMacroeconomyThe rise in Greece’s trade deficit accelerated in May, jumping by 84.7 percent year-on-year (YoY), following a rise of 49.5 percent in April, according to data released by ELSTAT on Friday. The deficit came to 3.09 billion euros for the month. Imports totalled 7.87 billion euros, rising by 60.3
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Energy products drive import price to second highest ever growth of 37.3 pct in May
EconomyMacroeconomyGreece’s import price index grew at a solid pace in May, posting another rise of 37.7 percent year-on-year (YoY), after a 39.1 percent in April, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. This is the second highest annual growth during the inflation wave
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