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Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar -
Trade deficit narrows in Mar, but exports drop by worrying 11.7 pct -
OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline -
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
Led by manufacturing and electricity, Industrial Production rises by 10.5 pct YoY in Oct
Greece’s Industrial Production Index (IPI) jumped in October, growing by 10.5 percent year-on-year (YoY), after a 1.9-percent rise in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
The index had been growing in the first five months of 2023, with June’s print being the first negative reading since December 2022 and stayed in contraction for three consecutive months.
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