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Energy drives import price drop of 2.1 pct YoY in July
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Wages grew by 8.7 pct YoY in Q2 thanks to strong seasonal hires
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Car sales record modest rise in August, up 3.3 pct YoY in 8M
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Electricity drags industrial production down by 0.5 pct YoY in July
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August CPI moderates sligthly to 2.9 pct YoY, rents climb by 10.9 pct
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Trade deficit growth slows to 4 pct YoY in July driven by oil and non-EU markets
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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