OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
Trade deficit narrows in April, though exports drop by 4.3 pct
Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ
Unemployment stays at 11.2 pct in Apr, youth jobless down by 5 points at 27.4 pct
Manufacturing grows in May, but at slowest pace in last four months
March sees first retail sales fall for two years, volumes show consumption diving
Building activity down 15.2 pct in Feb for sharpest drop since 2020
After a solid start for 2023, building permits recorded a contraction of 15.2 percent year-on-year (YoY) in February, after a rise of 22.1 percent in January, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday.
This is the first negative reading since July 2022 and the sharpest drop since 2020 when in April had dropped by 22.4 percent, due to the pandemic effects.
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