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Industrial turnover grows by 3.1 pct in Feb, led by mining and domestic market
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Current account records sharp deficit of 3.16 bln in Feb as goods balance deteriorates
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![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-small.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
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Government tones down fiscal pledges as tighter framework starts to bite
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Budget outperforms in Mar, delivers 2.95 bln primary surplus thanks to strong tax collection
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Import price drop slows further to 2.8 pct in Feb
Greek unemployment rose to new high of 27.9 pct in June
Greek seasonally adjusted unemployment showed an increase of 0.3 percentage points (pp) month on month (mom) and 3.3pp year on year (yoy) to 27.9 percent in June, which is a new historic high, according to the Hellenic Statistical Authority (ELSTAT) monthly labour force survey. The number of employed slipped by 0.1 percent mom and 3.4 percent yoy to 3.63 million, while unemployed continued heading north, surpassing the 1.4 million mark, up 1.5 percent mom and 14.2 percent yoy.
The results for the second quarter indicate the unemployment rate soared by 3.5pp yoy to a new quarterly high at 27.1 percent, while recording a slight drop of 0.3pp quarter on quarter (q-o-q) for the first time since the third quarter of 2009. Note tho...
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