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Industrial turnover grows by 3.1 pct in Feb, led by mining and domestic market -
Current account records sharp deficit of 3.16 bln in Feb as goods balance deteriorates -
IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses -
Government tones down fiscal pledges as tighter framework starts to bite -
Budget outperforms in Mar, delivers 2.95 bln primary surplus thanks to strong tax collection -
Import price drop slows further to 2.8 pct in Feb
Retail sales up by 20.2 pct YoY in Mar, effects of inflation emerge in volume data
The growth in Greece’s retail sales accelerated to 20.2 percent year-on-year (YoY) in March, after an increase of 16.9 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
It should be noted that Greece’s second lockdown was introduced in November 2020 and ran into the new year in 2021, so the annual growth captures the base effect of restrictions imposed in the previous year and a much-subdued retail season, even during ...
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