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Photo by MacroPolis Industrial turnover up 42 pct YoY in Aug, but drops 15 pct MoM

Greece’s industrial turnover remained on a solid growth path in August, accelerating to 42 percent year-on-year (YoY) growth, after jumping by 38.8 percent in July, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.

Photo via Flickr Despite downward revision, IMF sees Greece growing by 1.8 pct in 2023

Amidst gloomy global economic prospects, which led to significant growth revisions in the World Economic Outlook that was published yesterday as part of the annual meetings of the IMF and World Bank, the Fund offered a small glimpse of hope to the Greek authorities for the challenging year ahead.

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