Monthly rise of 3 pct for producer price index in Aug prompts cost concerns
Retail sales grow by 3.1 pct in Jul, as food sales continue to contract
Consumer confidence takes 10-point dive in September
Building activity continues to grow, rising by 13 pct YoY in Jun
Mixed picture for deposits continues in Aug with rise of just 190 mln
Credit net flows remain negative in Aug, growth at just 0.9 pct YoY
EC sees lower growth in 2017 but no concerns for fiscal targets
The European Commission remains optimistic about the Greek economy’s prospects in its Autumn forecasts, which were released on Thursday.
Greece is seen growing by 1.6 percent this year, following a small downward revision from 1.7 percent in the previous forecast. Growth is expected to pick up to 2.5 percent next year and in 2019.
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