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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
OECD sees more growth, falling unemployment in Greece
In its latest Economic Outlook report published on Tuesday, OECD upward revised its GDP forecasts for Greece and is now expecting growth of 0.8 percent for 2014 from recession of 0.3 percent in its previous estimates published on May 6.
For 2015, OECD expects GDP to accelerate to 2.3 percent (from 1.9 percent before) and further to 3.3 percent in 2016. The OECD’s new estimates for 2014 are marginally higher compared to the official projections of the troika institutions and the Greek g...
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