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ELSTAT resumes monthly unemployment updates after review, rate at 8 pct in July
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PMI improves significantly in Aug, despite exports orders falling for four straight months
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Energy drives 0.5 pct YoY fall in July producer prices as other components rise
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Retail sales resume growth of 3 pct YoY in June, volumes record more modest rise
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Despite small drop in July, deposits stay above 200 bln mark
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Consumer and retail confidence deteriorate further in Aug due to cost of living
Greece goes deeper into deflation territory
The drop in Greece’s Consumer Price Index (CPI) accelerated to 2.0 percent in October compared to a 1.1 percent decline in September, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, CPI marginally eased by 0.1 percent, while the average rate of CPI change over the trailing twelve months remains negative at -0.4 percent.
Alcoholic, beverages and tobacco is the only sector exhibiting a consistently rise in prices at 3.5 percent. On the contrary, the growth in housing prices, which had risen 7.5 percent in September, turned to a negative 0.7 percent in October. Communicat...
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