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Vehicles licences jump by 36.3 pct in Apr thanks to strongest car sales since 2010 -
Primary balance at 3.25 bln in Apr, above target thanks to favourable timing -
EC makes minor adjustment to growth forecast, at 2.2 pct for 2024 -
Import price index up by 1.3 pct YoY in Mar for first rise in 13 months -
CPI at 3.1 pct in Apr as food inflation refuses to drop -
Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar
PBO sees normality returning, but inflation will have multifaceted effects
The Parliamentary Budget Office (PBO) published its latest quarterly report on Tuesday in which progress is outlined along with challenges for the Greek economy as the government starts a new term under the spectre of inflation.
The PBO notes that the economy grew by 2.1 pct year-on-year (YoY) in Q1, which it describes as a more normal growth rate following a turbulent period that started with the pandemic and was followed by the energy crisis that accompanied the Ukraine war.
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