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Industrial turnover back in contraction again in Mar, falling by 6 pct YoY -
Central govt debt drops to 405.54 bln in Q1, bonds rise by 3bln -
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
IMF ups 2021 growth forecast to 6.5 pct, but keeps modest outlook for longer term
Within the regular cycle of its World Economic Outlook (WEO) publication, the International Monetary Fund was the latest international organisation to adopt a more optimistic view about Greece’s growth this year.
In last October’s WEO, Greece was seen growing by 4.1 pct in 2021, before revising down the forecast in Spring to 3.8 pct growth. Last October’s estimate also had Greek GDP dropping by 9.5 pct in 2020, before settling at 8.2 pct contraction.
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