Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
Unemployment rate remains lodged near 11 pct after no change in Aug
Weak demand and adverse weather reflected in Sep PMI, barely in expansion territory
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
Tourism turnover index slows but signs remain positive
Turnover Index in Accommodation and Food Services rose 1.2 percent in the third quarter 2013, decelerating from the 5.2 percent posted in the second quarter, according to Hellenic Statistical Authority (ELSTAT). The improvement - one again - confirms the strong tourism season in Greece this year.
Indeed, latest Bank of Greece (BoG) data show that travel spending by non-residents to September soared 14.4 percent to 10.7 billion primarily reflecting a rise in non-residents’ arrivals by 15.2 percent over the same period. As a result, travel surplu...
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