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  1. Latest census data shows demographic challenge is here as population shrinks, ages
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    as one of the main challenges for Greece, impeding the country’s growth potential with a mounting

    1%

  2. July trade deficit drops by 21 pct, 7-month data points to export struggles
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 21 percent year-on-year (YoY) in July, after a decline of 14.9 percent in June, according to data released by ELSTAT on Thursday. The deficit came to 2.45 billion euros for July. Imports totalled 6.72 billion euros, dropping by 17 percent YoY. Exports

    1%

  3. CPI maintains upwards trend with 2.7 pct rise in Aug, food inflation at 10.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) continued its upward trend in August with 2.7 percent year-on-year (YoY), after growing by 2.5 percent in June, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period in August

    1%

  4. Q2 unemployment rate drops to 11.2 pct, employed increased by 3.4 pct QoQ
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s non-seasonally adjusted quarterly unemployment rate moved only marginally in Q2 this year, dropping to 11.2 percent from 11.8 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The jobless rate in the second quarter of 2022 was 12.4 percent

    1%

  5. Tax revenues continue to outperform in Aug, as ministry explains frugal approach
    Finance Ministry

    EconomyMacroeconomy

    in this release to temper the expectations regarding tax performance, noting that this year’s

    1%

  6. Building activity continues to grow, rising by 13 pct YoY in Jun
    Photo by MacroPolis

    EconomyMacroeconomy

    higher by 15.9 percent. The European Commission’s latest business sentiment indicators for August, showed

    1%

  7. PBO draws attention to effects of climate crisis on public finances
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    and core inflation also down to 6 pct, from 7.2 pct in the previous month, though way off the ECB’s

    1%

  8. Monthly rise of 3 pct for producer price index in Aug prompts cost concerns

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) contracted for the sixth successive month in August, dropping by 8.3 percent year-on-year (YoY), after falling by 8.6 percent in July, ELSTAT data showed on Friday. The index was in negative territory for most of 2020 and up to March 2021, when it grew annually

    1%

  9. Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    that investments did not meet this year’s expectations as they grew by 8.3 pct, when 16 pct was estimated

    1%

  10. Trade deficit continues to shrink in Aug despite exports losing momentum
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 7 percent year-on-year (YoY) in August, after a decline of 21 percent in July, according to data released by ELSTAT on Friday. The deficit came to 2.75 billion euros for August. Imports totalled 6.38 billion euros, dropping by 17.8 percent YoY. Exports

    1%