Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
Unemployment rate remains lodged near 11 pct after no change in Aug
Weak demand and adverse weather reflected in Sep PMI, barely in expansion territory
Monthly rise of 3 pct for producer price index in Aug prompts cost concerns
Retail sales grow by 3.1 pct in Jul, as food sales continue to contract
Consumer confidence takes 10-point dive in September
Q4 GDP grew by 1.4 QoQ, 2022 GDP rose 5.9 pct
Greece’s seasonally adjusted (SA) GDP increased by 1.4 percent quarter-on-quarter (QoQ) at the close of 2022, from a rise of 0.4 percent in Q3, after the previous drop by 0.5 percent was revised upwards, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Tuesday.
On an annual basis, Q4 GDP picked up pace to 5.2 percent year-on-year (YoY), from an upwards revised 4.4 percent growth in Q3, from a 2.8 percent initially reported.
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