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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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Pension policy U-turn highlights government’s election concerns
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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 jumps by 10.8 pct in Apr due to electricity and manufacturing
Greece’s Industrial Production Index (IPI) turned positive in April with a significant rise of 10.8 percent year-on-year (YoY), after a contraction of 0.6 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.
After three consecutive drops in the middle of last year, the index has been growing since August 2023, with March being the first negative print since.
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