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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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Pension policy U-turn highlights government’s election concerns
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Jobs in tourism push May hiring balance upwards
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PBO sees resilience in economy, revises growth outlook slightly down
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Unemployment slides to 8.1% in May as male and youth rates improve
Unemployment rate edges up to 26.1 pct in Q4 2014
After easing in the prior two quarters, the non-seasonally-adjusted unemployment rose to 26.1 percent in the fourth quarter (Q4) of 2014 from 25.5 percent in Q3, according to the Hellenic Statistical Authority (ELSTAT).
The Q3 rate was the first reading below the 26-percent mark over the past two years and mainly reflected the seasonal positive impact from tourism.
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