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Credit contraction at 1.1 pct in Jan, balance at 169.42 bln
EconomyMacroeconomyCredit contraction in the Greek market came to 1.1 percent in January, unchanged from December, Bank of Greece (BoG) figures showed on Wednesday. As a result, the outstanding balance decreased to 169.42 billion from 170.29 billion in the previous month and stayed under the 180-billion euro mark
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CPI falls by 1.1 pct YoY in May
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 1.1 percent year-on-year (YoY) in May compared to a decline of 1.4 percent seen in April, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday. The average CPI for the rolling 12 months fell by 0.1 percent. Month-on-month, the CPI for May
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Credit growth edges up to 1.1 pct in Nov
EconomyMacroeconomyCredit movement in the Greek private sector increased by 1.1 percent year-on-year (YoY) in November, from a rise of 0.9 percent in October and 0.8 percent in September, Bank of Greece (BoG) figures released on Wednesday showed. The growth in credit expansion has remained broadly stable after
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Growth in car sales slows to 1.1 pct in April
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time slowed down considerably in April, growing by 1.1 percent year-on-year (YoY), after rising strongly in March by 31.3 percent, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In April 2022, the year-on-year
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GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP accelerated its gains in Q2, rising by 1.1 percent quarter-on-quarter (QoQ), from a 0.8 percent rise in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ now since Q2
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Industrial Production slows to 1.1% YoY in June as only manufacturing grows
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) slowed in June with a rise of 1.1 percent year-on-year (YoY), from 3.7 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. Month-on-month (MoM), the seasonally adjusted index in June recorded a drop
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NBG results show net profits of 409 mln euros on strong trading income in Q1
EconomyBanking(ΝΙΙ) fell by 4 percent QoQ to 277 million. This reflects mainly the rapid NPE reduction of 4.7... to 1.1 billion in the first quarter, driven by corporate flows. Group deposits increased by 3.9
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Apartment prices rise in Q2 by a strong 13.9 pct YoY despite slight slowdown
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece remained on a stolid path in Q2 2023, increasing by 13.9 percent year-on-year (YoY) from an upwards revised 15 percent in Q1 2023, Bank... that almost reached as much as -13 percent at the end of 2012. Old apartments - those over five years
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Newsletter 232 -13/12/2019
near-zero yield Apartment prices up by 9.1 pct in Q3, hitting series high Greece is rounding off... on average by 2.8 percent in Athens and by 1.1 percent in Thessaloniki. In other cities, prices rose by 6.9... to the tourism industry and short-term lettings. The latest YoY apartment price increase overall beats
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Newsletter 288 - 12/03/2021
. Additionally, the goods’ index fell by 1.3 percent while the services index fell by 1.1 percent YoY.... Apartment prices increase 4.2 pct in 2020 Rise in Q4 slowed to 2.6 pct The latest quarter’s... of apartments in Greece came to 2.6 percent year-on-year (YoY) in the fourth quarter (Q4) of 2020 from
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