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Unemployment rate broadly stable at 8.1 pct in Aug
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PMI drops to 52 pts in Sep as manufacturing sector continues to grow
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Producer prices contract 1.7 pct YoY in Aug due to energy drop
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Retail sales up by 4 pct YoY in July as inflation drives volume rise of 2.1 pct
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Economic sentiment drops sharply in Sep, consumer confidence at highest since June
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Despite rise of 6.1 pct YoY in June, building permits down 13.8 pct in H1
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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