Primary cash balance posts deficit of 46 mln at end of July
Industrial turnover up by 8.1 pct in June for eighth consecutive rise
Budget primary surplus at 3.05 bln in 7-month, above target on underspend
Building activity up by 45.7 pct in May, highest since Dec 2005
Eurosystem funding drops by 3.9 bln in July on big decline in ELA
Unemployment at 21.7 pct in May after revised April figure
Retail sales down by 2.6 pct in January for third straight monthly decline
The turnover of Greece’s retail trade index fell for the third successive month in January, when it declined by 2.6 percent from a revised 3.8 percent drop in December, according to the Hellenic Statistical Agency (ELSTAT).
Since 2009, retail turnover has nosedived by more than 30 percent on the back of a similar drop in household disposable income mainly reflecting heightened unemployment, a cut in private and public sector salaries and pensions as well as increased taxes.
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