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Deposits decline by 2.23 bln in customary Jan drop
EconomyMacroeconomyby 2.23 billion, after rising significantly by 4.29 billion euros in December, based on Bank of Greece... in January marginally slowed down to 9.3 percent, from 9.9 pct in December and 10.4 percent in November... euros in December, reflecting corporate deposits of 43.1 billion euros and household deposits
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Growth in retail sales loses steam as index shrinks by 0.2 pct MoM in Jan
EconomyMacroeconomy, compared to December 2021. The previous monthly contraction was in November 2021. Retail sales have... in January rose by 8.9 percent annually, after a rise of 19.6 percent in December. Compared to January... in January decreased by 0.2 percent compared to December, while volume also dropped by 0.9 percent month
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Back-to-back gains for economic sentiment, ending 2022 with 104.3 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) showed further signs of recovery in December, rising by nearly 3... points in December, rising by 1.5 points from the previous month. The euro area’s ESI was 95.8 points... the sharp pandemic drop stalled in May 2021 and the series has been on a declining trend since. December
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CPI moderates further to 7.2 pct in Dec, food prices soar by 15.5 pct
EconomyMacroeconomy. This is now five in the last six months that inflation did not grow monthly. In December 2021, the CPI... with 12.1 percent. The harmonised index of consumer prices (HICP) increased by 7.6 percent in December, from 8.8 percent in November. Month-on-month, the HICP was down by 0.7 percent. In December, the annual
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Car sales end 2022 with modest full-year growth of 3.3 pct, from 22.1 pct in 2021
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time in December rose by 1.3 percent year..., according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In December 2021, the year-on-year change was a 21.4 percent rise. Car sales in December came to 11,976 compared to 12,007
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Growth of industrial turnover slows in Nov, drops by 1.4 pct MoM
EconomyMacroeconomygrowth rates since December last year when it grew by 22.8 percent. After more than one year... were down by 4.2 percent. Greece’s Manufacturing PMI dropped further in December to 47.2 points, from 48.4 points in November, according to S&P Global data. December’s PMI marks half a year
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Final budget execution for Dec confirms primary deficit beat target by 1.85 bln
EconomyMacroeconomyexecution data for December released on Wednesday. The primary balance beat the latest target by 1.85... to a deficit of 11.66 billion euros, from a 14.87-billion-euro deficit in December 2021. The overall.... Tax refunds came to 6.15 billion euros, 159 million above the target. Expenditure In December
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Loans grow by 6.3 pct in Dec, highest since 2009
EconomyMacroeconomyCredit movement in the Greek private sector accelerated in December, rising by 6.3 percent year... high was 6 percent in September 2022 and December’s growth is the highest since the summer of 2009.... The outstanding balance increased to 115.5 billion euros in December, from 112.44 billion euros
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Close of 2022 sees softer labour market, with 60,235 fewer jobs
EconomyMacroeconomyGreece’s employment balance moved to positive territory in December, with 8,867 more hires than... hirings in December came to 204,101 versus 195,234 departures. Voluntary departures accounted... compared to December last year, while departures are down by 372. The proportion of hirings
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Industrial production drops for fourth straight month in Dec, up by 2.3 pct in 2022
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) remained on negative ground in December, falling by 1.4... adjusted index in December recorded a rise of 0.1 percent, after the 1 percent monthly movement... in contraction at the start of 2023 at 49.2 points, eased off though from the 47.2 points of December
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