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Trade deficit growth slows to 4 pct YoY in July driven by oil and non-EU markets
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Q2 GDP moderates further to 1.7 pct YoY as households spending slows
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Jobs in education lead negative hiring balance of 20,728 in July
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Seasonal factors take unemployment rate to 8.6 pct in Q2 - lowest since 2008
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ELSTAT resumes monthly unemployment updates after review, rate at 8 pct in July
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PMI improves significantly in Aug, despite exports orders falling for four straight months
BoG revises 2024 growth down to 2.5 pct, advocates wide range of policies and reforms

The Bank of Greece published on Wednesday its interim monetary policy report for 2023, which assesses the economy’s progress over the year, though challenges are clouding the outlook.
The BoG makes several recommendations that will improve the resilience of the Greek economy and its growth potential.
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