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Jobs in tourism push May hiring balance upwards
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PBO sees resilience in economy, revises growth outlook slightly down
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Unemployment slides to 8.1% in May as male and youth rates improve
Industrial production contracts again in July, as electricity supply drives 1.9 pct drop
Greece’s Industrial Production Index (IPI) recorded back-to-back contractions in July, falling by 1.9 percent year-on-year (YoY), after dropping by a downward revised 3.4 percent in June, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
The index had been growing in the first five months of 2023, with June’s print being the first negative reading since December 2022.
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