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Energy drives import price drop of 3.2 pct YoY in Feb
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Industrial production growth slows to 1.8 pct YoY in Feb, led by manufacturing
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Unemployment edges up to 8.5 pct in Feb
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PMI stable in March as war starts affecting business and confidence
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Strong rise in food sales pushes 7 pct YoY increase in Jan retail
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Economic sentiment declines in March, consumer confidence at lowest since 2022
Greek economic contraction during crisis higher at 24.6 pct, revised data shows
The Hellenic Statistical Authority (ELSTAT) released on October 10 a revision of national accounts for 1995-2013 so it is in line with the new European System of Accounts (ESA 2010) rather than the previous ESA 1995 before, which produced a deeper recession over the past few years.
The revision unveiled a slower recession in 2013 at -3.3 percent (from -3.9 percent) and in 2012 at -6.6 percent (from -7 percent). However, the economic downturn was more severe in the preceding three years, at -8.9 percent in 2011 (from -7.1 percent),...
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