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Greek deflation shoots up to 1.7 pct in October
EconomyMacroeconomyThe Greek economy showed deeper deflation of 1.7 percent in October from 0.8 percent in September, according to the Hellenic Statistical Authority (ELSTAT).
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Greek retail turnover advanced for the third straight month, 4.5 pct in August
EconomyMacroeconomyThe turnover of Greece’s retail trade index grew for the third successive month at an accelerating pace of 4.5 percent in August after a 1.5 percent rise in July, according to the Hellenic Statistical Agency (ELSTAT).
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Greek disposable income continues its slide in Q2, reached 29 pct during crisis
EconomyMacroeconomyGreek household disposable income fell by 4.3 percent year on year (YoY) in the second quarter (Q2) of 2014 to 30.8 billion, according to the Hellenic Statistical Authority (ELSTAT).
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August trade deficit shrinks by 29.5 pct as imports fall faster than exports
EconomyMacroeconomyGreece’s trade deficit narrowed by 29.5 percent in August, after soaring by a similar rate in July, according to the Hellenic Statistical Authority (ELSTAT).
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Greek economic contraction during crisis higher at 24.6 pct, revised data shows
EconomyMacroeconomyThe Hellenic Statistical Authority (ELSTAT) released on October 10 a revision of national accounts for 1995-2013 so it is in line with the new European System of Accounts (ESA 2010) rather than the previous ESA 1995 before, which produced a deeper recession over the past few years.
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Bigger drop for Greek industrial production, which fell by 5.7 pct in August
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) remained on a downward trend for the sixth straight month in August but fell at an accelerating pace falling of 5.7 percent, after a revised -1.1 percent drop in July, according to the Hellenic Statistical Authority (ELSTAT).
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Greek building activity drops by another 8 pct in July
EconomyMacroeconomyΤhe number of building permits issued in Greece continued heading south for the second successive month in July, dropping by 8 percent according to the Hellenic Statistical Authority (ELSTAT).
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Tourism helps bring Greek unemployment down to 26.4 pct in July
EconomyMacroeconomyThe seasonally adjusted jobless rate dropped to 26.4 percent in July from a downward revised 26.7 percent in June, according to the Hellenic Statistical Agency (ELSTAT).
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Increase in car sales accelerates to 44.3 pct in September
EconomyMacroeconomyFollowing a slowdown in the previous two months, the rate of growth in the number of road motor vehicles (going into circulation for the first time) accelerated to 44.3 percent in September, more than double from the August reading, according to the Hellenic Statistical Authority (ELSTAT).
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Deflation rises again in Greece: CPI down by 0.8 pct in September
EconomyMacroeconomyDeflation in Greece resumed an upward trend in September with the Consumer Price Index (CPI) easing by 0.8 percent from 0.3 percent in August, according to the Hellenic Statistical Authority (ELSTAT).