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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
Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
Greece’s seasonally adjusted (SA) GDP at constant prices rebounded by 0.3 percent quarter on quarter (QoQ) in the second quarter (Q2) of 2016 after a revised drop by 0.1 percent in Q1, Hellenic Statistical Authority (ELSTAT) flash estimates showed on Friday.
According to previous ELSTAT figures, Q1 GDP had contracted 0.5 percent QoQ.
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