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Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
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Unemployment rate remains lodged near 11 pct after no change in Aug
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Weak demand and adverse weather reflected in Sep PMI, barely in expansion territory
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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
Economic sentiment recovers 3.4 pts in Sept, buoyed by rise in services
Greece’s economic sentiment (ESI) reversed the recent declines and posted a solid rise by 3.4 points in September, moving up to 105.1 points after a marginal drop of 0.1 points to 101.7 in August, according to European Commission figures released on Thursday.
Economic sentiment had fully recovered from the decline during the pandemic. The values around 114 reported in January and February this year were the highest of the series, but sentiment had been sliding since, having lost 9 points up to September.
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