Travel balance increases more than eightfold in May from last year’s lockdown
Current account shows deficit of 1.4 bln in May as imports rise
Industrial turnover jumps by 37 pct in May on base effects
Primary cash balance deficit at 9.27 bln in June
Budget primary shows deficit of 9.09 bln in June, beating target
New tax debt at 2.9 bln in May, rising by 340 mln month-on-month
Greek retail sales tumbled another 6.4 pct in September
Retail sales headed south for yet another month with the contraction rate decelerating to 6.4 percent in September from 8.9 percent in August, according to Hellenic Statistical Authority (ELSTAT). A broadly similar trend and drop of 5.4 percent was also evident in retail volumes.
The decline in 2013 continues unabated following an average annual drop of 11.0 and 7.2 percent in 2012 and 2011 respectively, with the nosedive jumping to 29 percent compared to September 2008. Retail sales evolution since the beginning of the Greek cr...
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