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Growth of wages index slows to 3.9% YoY in Q2
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Energy pushes import prices up by 10% in July
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Sharp drop in new passenger cars leads to 18.7% YoY decline for vehicle sales in Aug
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Despite manufacturing gains, industrial production drops by 1.2% YoY in July
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Inflation picks up pace in August, rising to 3.8% YoY
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Seasonal factors shape employment balance in July as job departures dominate
Economy holds steady in Q2 but autumn set to pose more and tougher tests
The macroeconomic releases — the latest Q2 GDP and national CPI data — were the main domestic economic events of last week, while developments outside Greece are fuelling concern about difficult months ahead for households.
ELSTAT published the latest GDP figures on Monday, showing that the economy grew by 0.3% quarter‑on‑quarter (QoQ) in Q2 and by 1.9% compared with the same quarter last year. This marks a slight acceleration from the 0.2% QoQ growth in Q1 and a minor slo...
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