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Monthly rise of 3 pct for producer price index in Aug prompts cost concerns
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Retail sales grow by 3.1 pct in Jul, as food sales continue to contract
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Consumer confidence takes 10-point dive in September
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Building activity continues to grow, rising by 13 pct YoY in Jun
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Mixed picture for deposits continues in Aug with rise of just 190 mln
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Credit net flows remain negative in Aug, growth at just 0.9 pct YoY
EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in

The European Commission published on Thursday the economic forecasts for Europe within the context of the 2020 autumn forecasts.
In the case of Greece, the release came just as the Prime Minister announced a new national lockdown. Naturally, the estimates for 2020, and potentially the carry-over effect next year, do not capture the impact of the latest developments on the pandemi...
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