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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
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Credit expansion grows by 4.5 pct in Mar, driven by corporations
Industrial production stays in contraction for third successive month in Aug
Greece’s Industrial Production Index (IPI) remained in negative territory in August, after back-to-back contractions in July. It fell by 0.5 pct year-on-year (YoY), after dropping by 1.9 pct in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday.
The index had been growing in the first five months of 2023, with June’s print being the first negative reading since December 2022.
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