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Despite strains, manufacturing remains in growth as Nov PMI reaches 50.9 pts
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Falling energy costs drive down producer prices by 13.5 pct in Oct
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Retail sales rise by 3.3 pct in Sep, but falling volume reflects challenges
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Unemployment rate drops below 10 pct in Oct for first time since Sep 2009
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Economic sentiment stable in Nov, consumer confidence slides further
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Credit growth at 2.1 pct in Oct, but flow negative by 856 mln
Industrial turnover drops by 10.2 pct in Jul, driven by foreign markets and manufacturing
Greece’s industrial turnover remained in contraction in July, dropping by 10.2 percent year-on-year (YoY), from a 16.3 percent decrease in June, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday.
This is the fourth 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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