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Strong arrivals push travel balance up 58.5 pct by April
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Energy continues to lead industrial turnover growth of 23% YoY in April
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Current account deficit narrows to 1.39 bln in Apr, travel receipts show resilience
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Car sales remain strong, rising by 3.3% YoY up to May
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Wages index maintains momentum with 6.7% YoY rise in Q1
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Budget continues to perform strongly with 3.64 bln surplus up to May
Growth treads water as PM targets relief for households
Ahead of the PM’s recent keynote speech and extensive press conference at the Thessaloniki International Fair, ELSTAT released the latest set of GDP data for Q2, where the Greek economy’s annual growth slightly moderated to 1.7 pct year-on-year (YoY), from a 2.1 pct YoY rise in Q1.
On a quarterly basis (QoQ), Q2 GDP grew by 0.6 pct QoQ, from 0.1 pct in the previous quarter.
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