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Travel balance to July soars by 19 pct, reaching almost 9 bln
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Agriculture output prices jump 28.7 pct YoY in Jul, despite input costs falling
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Industrial turnover drops by 10.2 pct in Jul, driven by foreign markets and manufacturing
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Current account deficit shrinks to 7 bln in 7 months as energy and imports ease
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Loans managed by servicers broadly stable in Q2 at 71.16 bln
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Tax revenues continue to outperform in Aug, as ministry explains frugal approach
Drop in industrial turnover accelerates in June, falling by 17.2 pct YoY
Greece’s industrial turnover went further into contraction in June, dropping by 17.2 percent year-on-year (YoY), from a 13.5 percent decrease in May, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
This is the third successive annual drop, something not seen since early 2021. April was the first negative reading since February 2021. The index has also been recording much more modest growth rates in recent months.
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