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Jobless rate falls to 10.2 pct in Mar amid expectations for strong tourism
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Manufacturing continues to expand in April, firms remain optimistic
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Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy
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As base effect wears off, producer prices fall by just 0.1 pct in Mar
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Retail sales and volumes show worrying signs, turnover down 3.8 pct in Feb
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Corporate taxation, underspend lead to 3 bln primary surplus in March
Industrial turnover falls by 7.4 pct YoY in April for first drop since early 2021
Greece’s industrial turnover turned negative in April for the first time since early 2021, contracting by 7.4 percent year-on-year (YoY), from upwards revised growth of 3.3 percent in March, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday.
This is the first negative reading since February 2021, when the index had contracted by 3.1 percent and it has been recording much more modest growth rates in recent months, well away from the increase of 42.4 percent in August last year.
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