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Deposits continue to slide in Feb as households and firms dip into savings -
Lending to corporations drives credit expansion of 3.8 pct YoY in Feb -
Small gains for building activity in Dec, up 7.1 pct in full 2023 -
Economic sentiment and consumer confidence gain ground in March -
Travel balance surplus more than doubles YoY in Jan -
Income tax and VAT revenues drive budget primary surplus to 3.38 bln in Feb
Industrial turnover and new orders indices rebound for second straight month
The Turnover Index in Industry increased 1.7 percent in August, while New Orders Index in Industry also improved by 2.7 percent, according to the Hellenic Statistical Authority (ELSTAT). It is the second straight month both indices have rebounded concurrently, following a 3.7 percent and 1.6 percent respectively rise in July. It is also worth noting that on a twelve-month trailing basis both indices recorded a drop of 1.0 and 4.9 percent respectively.
The rise in the industrial turnover reflects an increase in the manufacturing and mining-quarrying sectors by 1.1 percent and an impressive 67.4 percent respectively. From a geographical perspective, turnover for the non-domestic market soared 16.7 perc...
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