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Trade deficit narrows by 32 pct in Oct, but exports contract
EconomyMacroeconomyGreece’s trade deficit recorded a drop of 32 percent year-on-year (YoY) in October, after a decline of 25.9 percent in September, according to data released by ELSTAT on Friday.
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Nov headline CPI at 3 pct, food price inflation three times higher
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) growth dropped marginally in November, with a 3 pct rise year-on-year (YoY), after more than doubling to 3.4 pct in October, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT).
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GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP was essentially unchanged in Q3, rising by 0.02 percent quarter-on-quarter (QoQ), from 1.1 percent rise in Q2, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Wednesday.
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Falling energy costs drive down producer prices by 13.5 pct in Oct
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for the eighth successive month in October, dropping sharply by 13.5 percent year-on-year (YoY), after falling by 4.3 percent in September, ELSTAT data showed on Thursday.
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Retail sales rise by 3.3 pct in Sep, but falling volume reflects challenges
EconomyMacroeconomyGreece’s retail sales stayed in positive ground in September, with a rise of 3.3 percent year-on-year (YoY), after a 2.7-percent rise in August, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
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Unemployment rate drops below 10 pct in Oct for first time since Sep 2009
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped below 10 percent in October, landing at 9.6 percent, after a slightly upwards revision to 10.3 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
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Credit growth at 2.1 pct in Oct, but flow negative by 856 mln
EconomyMacroeconomyThe credit expansion in the Greek private sector was stable in October, rising by 2.1 percent year-on-year (YoY), unchanged from September, Bank of Greece (BoG) figures released on Tuesday showed.
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Aug sees second annual drop in building activity with 4 pct decline
EconomyMacroeconomyBuilding permits posted the second negative reading of the year in August, falling by 4 percent year-on-year (YoY), after a rise of 7.5 percent in July, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Tuesday.
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Industrial turnover contracts for six months on bounce in Sep with 5.1 pct drop
EconomyMacroeconomyGreece’s industrial turnover remained in contraction in September, dropping by 5.1 percent year-on-year (YoY), from a 6.4 percent decrease in August, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday.
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Annual contraction of import prices slows in Sep, index growing MoM since Jun
EconomyMacroeconomyGreece’s import price index continued to contract in September but at a considerably slower rate compared to recent lows as it fell by 9.2 percent year-on-year (YoY), after dropping by 14.6 percent in August, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday.