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
Building activity continues to grow, rising by 13 pct YoY in Jun
Mixed picture for deposits continues in Aug with rise of just 190 mln
Credit net flows remain negative in Aug, growth at just 0.9 pct YoY
OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
The OECD has become the latest international organisation to incorporate the more positive outlook for the Greek economy into its projections, revising upwards its growth forecast for 2023, to 1.6 pct, from 1.1 pct in the January estimate.
Next year’s estimate is moderately revised down to 1.6 pct, from 1.8 pct previously.
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