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IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses -
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Budget outperforms in Mar, delivers 2.95 bln primary surplus thanks to strong tax collection -
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Industrial Production growth slows to 1.6 pct YoY in Feb as electricity supply drops
Retail sales rebound by 7.1 pct in July for first time in thirteen months
The turnover of Greece’s retail trade index strongly rebounded by 7.1 percent in July after a drop of 5.2 percent in June, Hellenic Statistical Agency (ELSTAT) figures displayed on Friday.
The July headline figure is the first positive reading since May 2015 and the highest since March 2010 and also reflects a low base effect, since retail sales had retreated 8.6 percent in July 2015 in the wake of capital controls.
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