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  1. CPI rises by 2.2 pct in Sept as prices shoot up at highest rate since 2012

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) continued its march in September, increasing by 2.2 percent year-on-year (YoY), after a 1.9 pct rise in August, according to the latest data from the Hellenic... beginning to capture the price hikes felt across the economy. The latest figure of 2.2 percent has not been

    29%
  2. Industrial production concluded 2023 with modest annual growth of 2.2 pct
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    to a modest rise of 2.2 pct YoY. Month-on-month (MoM), the seasonally adjusted index in December... and equipment. The monthly movement was led by increases of 5.2 percent in mining and 2.2 percent

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  3. PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    was a solid 2.2 pct, investments were subdued. The PBO’s outlook remains broadly unchanged, with a small downward revision to 2.2 pct growth for 2025, from 2.3 pct previously. On the fiscal front, the PBO

    29%
  4. GDP revision for 2017 points to slight improvement from initial estimates
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s Statistical Authority (ELSTAT) issued on Wednesday the second estimate of the national... of the European System of National and Regional Accounts ESA 2010. The first estimate for 2017 was published... year-on-year, from a first estimate of 1.4 percent growth that was announced in March. Final

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  5. Is Greece on track to decouple from fossil gas?
    Photo via https://flic.kr/p/9bNvX6

    Agora

    plants to be added to the existing fleet, increasing total net capacity from 6 GW in late 2023 to 7.7 GW... with increased storage capacity[2] as an alternative to new gas plants. In any case, the 7.7 GW of total gas... infrastructure, as it already foresees 2.2 GW of PHES (the current capacity being 0.7 GW) and 3.1 GW

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  6. Newsletter 223 -11/10/2019

    Newsletters

    source of extra revenue next year (142 million euros) will come from the adjustment of assessed property... deficit down by 1.7 pct in August Aggregate figure shows trade deficit increased by 7.7 percent... for the first eight months of the year showed that the trade deficit increased by 7.7 percent

    28%
  7. OECD ups 2021 growth estimate by nearly 3 points, underlines RRF impact
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    The OECD released on Monday its latest Economic Outlook, in which it significantly revised its growth estimate for Greece for this year to 3.8 pct, from 0.9 pct in the previous forecast last December. At the time, the OECD had pointed out that the recovery could be stronger if the support package

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  8. Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
    Photo by MacroPolis

    Economy

    revenue targets included revenues of 884 million euros from the first two instalments of the new... will be missed accordingly. For the remainder of the year, the payment of ENFIA with estimated revenues of 2.65

    27%
  9. Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    released a first estimate of the overall GDP figure for 2018, showing that it grew by 1.9 percent...’s (MoF) final budget estimate of 2.1 percent for 2018. A breakdown of annual components showed... by 7.5 percent, meaning that the initial figures for 2018 have beaten this estimate. Imports of goods

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  10. Retail index fell by 2.2 pct in Feb but trend improving

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell by 2.2 percent year on year (YoY) in February, while volume slightly rose by 0.6 percent, according to the Hellenic Statistical Agency (ELSTAT). Both headline figures showed an improving trend for the second straight month. On a monthly basis

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