ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt
Industrial turnover edges up 0.2 pct in August in first rise since October 2014
PBO report highlights short-term recessionary impact and tax-centric austerity of 2017 draft budget
Primary cash surplus expands to 3.2 bln by September incorporating arrears repayment of 2 bln
Net job hirings of 7,788 in September; highest 9-month figure since 2001
Credit standards and demand for Greek loans remain stable in Q3
Sharper drop for retail sales in July points to lingering recession
Retail sales continued heading south for yet another month with the contraction rate accelerating to 14.2 percent in July from a revised 7.7 percent in June, according to Hellenic Statistical Authority (ELSTAT). A similar drop (14.0 percent) was also evident in retail volumes.
The picture remains rather mixed in the various sectors with some segments such as furniture, electrical and household equipment, pharmaceutical products and cosmetics and department stores still deep in the red and exhibiting a double digit (18-26 perc...
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