Industrial production drops by 7.5 percent in May
CPI falls by 1.6 pct YoY in June
Car sales drop by 24.7 pct in June and 33.1 pct in first 6 months
Unemployment edges upward to 15.5 pct in April
EC trims 2020 recession forecast to 9 pct, but 2021 recovery also slashed
Trade deficit falls by 47.7 pct in May
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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