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CPI rises by 2.2 pct in Sept as prices shoot up at highest rate since 2012
EconomyMacroeconomyGreece’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
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Industrial production concluded 2023 with modest annual growth of 2.2 pct
EconomyMacroeconomyto 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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PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct
EconomyMacroeconomywas 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
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Is Greece on track to decouple from fossil gas?
Agoraplants 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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Newsletter 223 -11/10/2019
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
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OECD ups 2021 growth estimate by nearly 3 points, underlines RRF impact
EconomyMacroeconomyThe 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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Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
EconomyMacroeconomyreleased 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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Macro and fiscal outlook for Greece remain favourable in latest EC forecasts
EconomyMacroeconomyin economic expansion in 2025 and 2026. Alongside robust private consumption, backed by steady income growth, these factors are projected to sustain GDP growth at 2.3 pct in 2025 and 2.2 pct in 2026... and fiscal outlook for Greece broadly unchanged from the previous estimates, with the Greek economy seen
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OECD sees stable growth path of 2 pct in 2025, long-term challenges persist
EconomyMacroeconomyconsumption, led by minimum wage increases, and robust investment from the RRF. However, slowing... primary fiscal surpluses of 2.1 pct and 2.2 pct of GDP are seen for 2025 and 2026, respectively... for Greece, broadly in line with the latest estimates by most organisations and the Greek authorities. GDP
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Retail index fell by 2.2 pct in Feb but trend improving
EconomyMacroeconomyThe 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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