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Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained
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Travel balance to July soars by 19 pct, reaching almost 9 bln
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Agriculture output prices jump 28.7 pct YoY in Jul, despite input costs falling
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Industrial turnover drops by 10.2 pct in Jul, driven by foreign markets and manufacturing
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Current account deficit shrinks to 7 bln in 7 months as energy and imports ease
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Loans managed by servicers broadly stable in Q2 at 71.16 bln
March fall for Greek industrial turnover is ninth in 15 months
After a temporary stall in February, the Turnover Index in Industry resumed a negative trend in March easing by 1.1 percent, according to the Hellenic Statistical Authority (ELSTAT). The February reading was revised from a marginal drop of 0.1 percent to a slight growth of 0.3 percent.
The headline figure recorded nine negative readings over the past 15 months, of which four showed a double digit decrease. In addition, the evolution of the average index indicates a 4.5 percent over the trailing 12 months.
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