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Wage growth continues, but Greece remains near bottom of EU rankings
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Industrial production rises by 0.6% YoY in Oct, as energy supply moderates
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Housing and energy keep upward pressure on prices as Oct inflation rises to 5.7%
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Energy drives 21.7% YoY increase of in Sep trade deficit
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Strong economic indicators continue, but household pressures persist
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Manufacturing remains in expansion despite October slowdown
BoG shows lower deposit rates and a sharper drop in loan rates in June
Τhe interest rate on households’ new time deposits dropped another 14 basis points (bps) to 2.39 percent in June, according to the Bank of Greece (BoG).
In contrast to the first quarter of the year, when this rate remained stable, it posted a 42 bps decline in the second quarter of the year.
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