BoG revises growth forecast down to 3.2 pct amid growing uncertainty
Credit growth accelerates to 3.2 pct in May, led by loans to businesses
PBO urges continued fiscal discipline amid growing instability
Rising bond yields a concern, but not an immediate fiscal problem
OECD finds tax cuts linked to pandemic helped reduce wedge on labour
Reopening of 7-year bond affirms tougher conditions on sovereign debt market
Retail index jumps 5.3 pct in May led by fuel and supermarket sale
Greece’s retail sales index increased by 5.3 percent in May, accelerating from the growth of 0.8 percent noted in April, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
The headline index has remained positive for four out of the first five months of the year with February the only negative reading since November.
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