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Producer prices drop for 11 months straight, down 6.6 pct in Jan
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for eleven successive months in January, dropping by 7 percent year-on-year (YoY), after falling by 6.6 percent in December, ELSTAT data showed on Thursday.
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Retail sales recorded 3.7 pct rise in 2023, but volume dropped by 3.3 pct
EconomyMacroeconomyGreece’s retail sales made strong gains in December, in line with the seasonal trend, with a rise of 7.3 percent year-on-year (YoY), after an upwards revised growth of 1.7 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
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Building activity slows in Nov as permits contract by 1.2 pct YoY
EconomyMacroeconomyBuilding permits slowed in November, dropping by 1.2 percent year-on-year (YoY), after rising by 8.7 percent year-on-year (YoY) in the previous month, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Wednesday.
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Industrial turnover drops by 7.2 pct in Dec, pulling 2023 figure 4.1 pct lower
EconomyMacroeconomyThe contraction in Greece’s industrial turnover accelerated in December, dropping sharply by 7.2 percent year-on-year (YoY) from a 2.5 percent decrease in November, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday.
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CPI at 3.1 pct in Jan, foods up by 8.3 pct
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) slowed down marginally in January, when there was a rise of 3.1 pct increase year-on-year (YoY), after an increase of 3.5 pct in December, according to the data released on Thursday by the Hellenic Statistical Authority (ELSTAT).
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Import prices end 2023 with 12.3 pct drop after 27.7 pct jump in 2022
EconomyMacroeconomyGreece’s import price index remained in contraction in December, as it fell by 8.7 percent year-on-year (YoY), after dropping by 8.6 percent in November, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday.
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Car market starts year on the up, with 6.7 pct rise in Jan
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time opened the new year with a growth rate of 8.6 percent year-on-year (YoY) in January, after a 24.8 percent rise in December, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.
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Industrial production concluded 2023 with modest annual growth of 2.2 pct
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) accelerated in December, growing by 4.3 percent year-on-year (YoY), after a 3.2-percent rise in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
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Trade deficit drops by 20 pct in 2023 despite contraction of exports
EconomyMacroeconomyGreece’s trade deficit recorded a drop of 11.3 percent year-on-year (YoY) in December, after a decline of 28.6 percent in November, according to data released by ELSTAT on Wednesday.
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Unemployment falls to 9.2 pct in Dec amid big YoY drop in number of out-of-job workers
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate remained below 10 percent in December, landing at 9.2 percent, from 9.4 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.