Turnover in services sector improves in Q3 2018 on annual basis, declining QoQ
Unemployment rate declines to 18.3 pct in Q3
Eurosystem funding falls by 978 mln in Nov, banknotes increase for fourth month
Car sales rise by 12.3 pct in November and 23.7 percent in 11-month
Building permits rise by 6.6 pct in September, up by 9 pct in 9M
Q3 wages index up by 2.8 pct QoQ and by 4.6 pct YoY
Greek economic contraction during crisis higher at 24.6 pct, revised data shows
The Hellenic Statistical Authority (ELSTAT) released on October 10 a revision of national accounts for 1995-2013 so it is in line with the new European System of Accounts (ESA 2010) rather than the previous ESA 1995 before, which produced a deeper recession over the past few years.
The revision unveiled a slower recession in 2013 at -3.3 percent (from -3.9 percent) and in 2012 at -6.6 percent (from -7 percent). However, the economic downturn was more severe in the preceding three years, at -8.9 percent in 2011 (from -7.1 percent),...
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