Weekly Bulletin

22 Mar, 2021
  • Money transfers continued strong performance and increased by 17.5% YoY in February, following a 19.2% growth in January, both in USD terms
  • In February, total exports increased by 2.9% YoY in USD terms, driven by strong growth of domestic exports (+23.2% YoY)
  • In the same period, imports fell by 12.2% YoY in USD terms, driven by almost all major categories
  • Trade deficit narrowed by 93,518.6 m USD YoY or by 21.2% YoY in February 2021
  • Producer Price Index (PPI) growth accelerated even further to 16.9% YoY in February 2021, up from 15.6% YoY in January
  • NBG increased monetary policy rate by 0.5 pp to 8.5% on the Monetary Policy Committee meeting held on March 17
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