Consumption
Inflation hurting consumers
Consumers in Greece and worldwide feel even more financially stressed, despite the de-escalation of inflation, which, in fact, is expected to continue, pointing to a limited increase in consumption according to the first indications for 2024.
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Scorching heat posing risks to power generation
Türkiye, like in other parts of the world, is roasting in a dangerous heatwave that experts warn may affect the country's electricity production.
On July 14, electricity consumption hit more than 1 million kWh, which marked a record consumption for a single day, as households and businesses increased their use of air conditioners to cool off.
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The tax evasion party continues
For a long time now, the media has been commenting upon the "inflation rally" in supermarket prices. Every day, an unpleasant surprise awaits us on the shelves and then at the supermarket checkout. You count the products in your shoppong basketasket and add up the cost and you're shocked.
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Bulgaria: Forecast for Economic Growth in 2022
Quarterly macroeconomic analysis of UniCredit Bulbank:
Economic growth in 2022 will remain at last year's levels amid growing fears of inflation
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Editorial: The responsibility of Greek businesses
The data released by the Hellenic Statistical Authority for the second quarter reveal that the Greek economy is in a dynamic rebound, transcending the repercussions of the pandemic and creating the conditions for the greatest leap in economic growth in our recent history.
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PM Citu: Economic growth due entirely to investments and not consumption
The economic growth of 2.9pct is due exclusively to investments and not to consumption, which is a premiere for Romania, Prime Minister Florin Citu said on Friday. "The INS (National Institute for Statistics) published details on economic growth in the first quarter of 2021.
Slovenia’s economy returns to growth in Q1
Ljubljana – After contracting by an estimated 5.5% in real terms last year, Slovenia’s economy returned to growth in the first quarter of the year as GDP expanded at an annual rate of 1.6% in real terms or by as much as 2.3% when adjusted for season. It rose by 1.4% from the final quarter of 2020, data from the Statistics Office show.
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Household deposits in Slovenia up to record EUR 23bn, central bank says
Ljubljana – Household deposits at banks rose by over EUR 2 billion to a record EUR 23 billion in the epidemic year of 2020 from 2019, the Slovenian central bank said on Tuesday. It attributed the rise to the labour market measures taken during the epidemic, which enabled income growth. But since many shops were closed, much of the income was not spent.