Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
Construction slides again in May with fall of 8.7 pct YoY in building permits
Decline in car sales continues with 14 pct YoY fall during July
Hirings balance positive by almost 70,000 in July, reflecting late summer season openings
Trade deficit falls by 10.3 pct in June
CPI falls by 1.8 pct YoY in July
Industrial production continues decline with 7.2 pct drop in August
The Industrial Production Index posted a drop of 7.2 percent in August with the figure for the first eight months of the year also retreating by 3.8 percent, according to ELSTAT. This means that except for April and June, all monthly readings so far in 2013 exhibit a single digit drop of between 4.5 and 7.7 percent.
The negative performance in August reflects a decline among all key industrial sectors with mining and quarrying as well as electricity production underperforming (-16.4 and -13.3 percent respectively), while manufacturing and water supply production sh...
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