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Manufacturing conditions continued to improve in July, despite cost pressures
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Fuels propel 10.1% rise in retail sales for May despite volume drop
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Eurobank profits at 738 mln in H1, commissions jump by 13.5% to 414 mln
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Producer price index slows to 8.8% YoY in June, as energy continues to have impact
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Economic sentiment moderates slightly in July, while consumer confidence rises
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Unemployment rate stable at 8% in June
GDP grows by 2.3 pct QoQ in Q3 and drops by 11.7 pct YoY as services exports crash
Greece’s seasonally adjusted (SA) GDP showed an increase of 2.3 percent (QoQ) in the third quarter (Q3) of 2020 after a revised decrease of 14.1 percent in Q2 2020, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Friday.
Compared to Q3 in 2019, GDP shrank by 11.7 percent compared to a YoY contraction of 14.2 percent in Q2 2020. The reading remains among the lowest on record, passing the previous low of -10.2 percent noted in Q4 2011 but showing a slight recovery from th...
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