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Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
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Producer prices on six-month run of rises after 1.6 pct YoY increase in Jun
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Economic sentiment improves in July, consumer confidence continues to slide
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Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
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Building activity continues to slide in Apr, 4M permits down 26 pct YoY
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Primary surplus at 4.52 bln by Jun thanks to strong taxes, contained spending
Import prices fall sharply in May as energy drops by 40.5 pct
The contraction of Greece’s import price index picked up further pace in May, as it fell by 20.8 percent year-on-year (YoY), after dropping by 17.5 percent in April, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
This is the fourth negative reading on the bounce. February was the first negative print since January 2021, when the index had dropped by 4.8 pct. After that, the index expanded until January this year.
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