Travel balance falls by 85.1 pct in July
Current account shows deficit of 874.5 mln in July as travel receipts disappoint
Industrial turnover drops by 16.2 pct in July as manufacturing slows
Unemployment edges up to 16.7 pct in Q2 as tourism jobs dry up
Primary cash deficit at 5.78 bln in August
Budget primary shows deficit of 6.61 bln in August
Retail sales down by 2.6 pct in January for third straight monthly decline
The turnover of Greece’s retail trade index fell for the third successive month in January, when it declined by 2.6 percent from a revised 3.8 percent drop in December, according to the Hellenic Statistical Agency (ELSTAT).
Since 2009, retail turnover has nosedived by more than 30 percent on the back of a similar drop in household disposable income mainly reflecting heightened unemployment, a cut in private and public sector salaries and pensions as well as increased taxes.
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