Gross domestic product
Data highlight greedflation
Corporate profits accounted for 50% of Greece's GDP price deflator - the tool measuring the extent to which the economy's growth is due to price hikes - in the first quarter of 2023, a percentage that is the third highest among EU member-countries, according to the Greek market watchdog.
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Serbian economy picking up, planned 2.5 pct GDP growth achievable - council
BELGRADE - Serbian PM Ana Brnabic on Monday chaired a session of the council tasked with coordinating activities and measures for promoting GDP growth, which concluded that the Serbian economy was picking up and that, at the present rate, a planned 2.5 pct GDP growth was achievable in 2023 despite a major economic slowdown in Europe and, especially, in countries Serbia gravitated towards the mo
Turkish economy grows 3.8 percent in second quarter
Türkiye's economy grew by a more-than-expected 3.8 percent in the second quarter of 2023 from a year ago, the data from the Turkish Statistical Institute (TÜİK) have shown.
Retail sales rise nearly 29 percent in June
Retail sales volume at constant prices increased by 28.5 percent in June from a year ago, the Turkish Statistical Institute (TÜİK) has said.
The pace of annual growth in retail sales, however, eased from May's 30.2 percent.
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UK economy grows in second quarter
Britain's economy expanded slightly over the second quarter thanks to strong output in June and despite inflation remaining high, official data showed on Aug. 11.
Gross domestic product grew 0.2 percent in the April-June period after output expanded 0.1 percent in the first quarter, the Office for National Statistics said in a statement.
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Serbia’s Q2 real GDP up by 1.7 pct
BELGRADE - Serbia's real GDP was up by 1.7 pct y-o-y in Q2 2023, the Serbian national statistical office RZS said in a flash estimate released on Monday.
The RZS also said a more detailed GDP calculation for Q2 2023, performed at lower aggregation levels, would be published on August 31.
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Vucic: FDI inflow in first half of 2023 at 2.122 bln euros
BELGRADE - Serbian President Aleksandar Vucic said on Thursday Serbia had registered a good FDI inflow of 2.122 bln euros in the first six months of 2023, or 31 pct more compared to the same period of last year.
Economy still depends on consumption
The road to changing the country's development model will be long and difficult. The intention to stop Greek GDP being so dependent on consumption has not yet begun to be reflected on the GDP blueprint.
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Construction, industry and business key sectors for economic growth - council
BELGRADE - Serbian PM Ana Brnabic on Friday chaired a session of a council tasked with coordinating activities and measures for promoting GDP growth.
The council said construction, industry and business were key sectors for economic growth.
Growth in Bulgaria’s Gross Domestic Product
In the first quarter of 2023, the gross domestic product (GDP) grew by 2.3% compared to the first quarter of 2022 and by 0.5% compared to the fourth quarter of 2022 according to seasonally adjusted data, NSI reports.
In the first quarter of 2023, the generated GDP amounted to BGN 39,970 million at current prices according to preliminary data.
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