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Fuel and food trigger retail sales jump of 10.9 pct in Mar -
Producer prices drop 1 pct in Apr, in contraction for over one year -
Unemployment rate unchanged at 10.8 pct in Apr -
Economic sentiment improves further in May, consumer confidence dips -
Rise of deposits moderates to 384 mln in April -
Credit growth unchanged in April at 4.5 pct, flow turns negative
Credit contracts by 4.1 pct in March, loans down by 3.4 pct
The year on year (YoY) credit contraction in the Greek market slightly accelerated to 4.1 percent in March from 4 percent in the preceding two months, with balances reaching 215.88 billion euros, according to the BoG.
Loan balances slipped 0.4 percent MoM for the twelfth successive month with net deductions broadly stable at 718 million in March from 773 million in February. This month’s negative net flow reflects corporate and household lending net deductions of 405...
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