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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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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
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Energy drives 0.5 pct YoY fall in July producer prices as other components rise
Q2 GDP moderates further to 1.7 pct YoY as households spending slows
Greece’s seasonally adjusted (SA) GDP grew modestly in Q2, rising by 0.6 percent quarter-on-quarter (QoQ), from a 0.1 percent increase in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday.
The Greek economy has been growing continuously QoQ now since Q2 2020, when it slumped by 13.8 percent due to the pandemic.
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