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Retail sales back in contraction for Jan, as volumes fall by 8.9 pct -
Producer prices continue to slide, down by 4.3 pct YoY in Feb -
Deposits continue to slide in Feb as households and firms dip into savings -
Lending to corporations drives credit expansion of 3.8 pct YoY in Feb -
Small gains for building activity in Dec, up 7.1 pct in full 2023 -
Economic sentiment and consumer confidence gain ground in March
Producer prices soar by 43 pct YoY in May, but see first monthly drop since Aug 2021
The pace of Greece’s Producer Price Index (PPI) annual growth slowed down, although only marginally, with one more explosive rise in May, shooting up by 43 percent year-on-year (YoY), having jumped by 48.8 percent in April, ELSTAT data said on Thursday.
The index was in negative territory for most of 2020, and up until March 2021, when it grew annually by 9.1 percent. It has been growing ever since, gathering pace over 15 consecutive months. This has taken the index from 102.63 points in February last ...
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