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Jobless rate falls to 10.2 pct in Mar amid expectations for strong tourism -
Manufacturing continues to expand in April, firms remain optimistic -
Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy -
As base effect wears off, producer prices fall by just 0.1 pct in Mar -
Retail sales and volumes show worrying signs, turnover down 3.8 pct in Feb -
Corporate taxation, underspend lead to 3 bln primary surplus in March
Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ
Greece’s seasonally adjusted (SA) GDP decreased by 0.1 percent quarter-on-quarter (QoQ), from a downward revised 1.1 percent in the last quarter of 2022, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Wednesday.
This was the first quarterly GDP drop since the second quarter of 2020, when GDP had dropped by 13.4 percent.
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