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Growth of retail sales slows to 4.2% YoY in July as volumes data reveals price pressure
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Unemployment rate stable at 7.9% in July
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Energy propels 11.8% YoY increase in producer prices, as all categories rise
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Building activity eases in May with marginal 0.8% YoY drop
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Economic sentiment moderates further in Aug, as consumer confidence rises
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Credit expansion growth slowed to 6.8% in July due to loans to businesses
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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