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PMI falls to 51.7 in July, level of optimism drops to lowest in a year
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Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
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Producer prices on six-month run of rises after 1.6 pct YoY increase in Jun
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Economic sentiment improves in July, consumer confidence continues to slide
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Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
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Building activity continues to slide in Apr, 4M permits down 26 pct YoY
Wage index continues to rise in Q1 with 5.9 pct YoY growth
Greece’s seasonally adjusted (SA) Wages Index grew by 5.4 percent year-on-year (YoY) in Q1, from 5.8 percent in the last quarter of 2024, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
The wages index captures employees’ gross earnings, including salaries, bonuses, extraordinary payments (Christmas and Easter bonuses as well as annual leave) and payments for non-working days (holidays, national holidays, and maternity leave).
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