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Rises in refined oil products push producer prices up by 14.9% YoY in August
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Retail sales on the up with 6.6% YoY growth in July
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Unemployment rate drops further to 7.4% in August
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Economic sentiment slightly improves in Sep, as recovery in consumer confidence continues
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Building activity rebounds strongly with 21.5% YoY rise in June
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Government struggles to shape narrative as rising costs compete with positive outlooks
PBO sees resilience in economy, revises growth outlook slightly down
In its latest quarterly report, the Parliamentary Budget Office (PBO) argues that the Greek economy is currently navigating a complex global landscape, showing remarkable resilience despite geopolitical tensions.
While the Middle East crisis has introduced fresh uncertainty regarding international trade and energy markets, Greece’s domestic performance remains a standout in the eurozone.
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