PBO sees medium-term risks mounting, despite positive near-term outlook
Despite boost from travel, current account deficit hits 9.74 bln in Jul, up 43 pct YoY
Energy pushes industrial turnover growth up by 38.9 pct YoY in Jul, as index records rare monthly drop
Tax overperformance continues in Aug, as budget balance beats target by close to 6 bln
Property prices rise by 9.4 pct in Q2, close to all-time high
Q2 unemployment drops to 12.4 pct, reflecting seasonality in job market
Unemployment rate slips to 25.6 pct in April, lowest since July 2012
Following an upward revision of Greece’s seasonally adjusted (SA) unemployment rate to 25.8 percent in March, the jobless rate eased to 25.6 percent in April, according to the Hellenic Statistical Agency (ELSTAT). Along August 2012 reading, the April headline figure indicates the lowest reading since July 2012.
On a non-seasonally-adjusted (NSA) basis the unemployment rate fell by more than 2 percentage points (pp) to 25.5 percent in April, from 27.4 percent in March, to its lowest level since October 2014.
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