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Unemployment rate remains lodged near 11 pct after no change in Aug
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Weak demand and adverse weather reflected in Sep PMI, barely in expansion territory
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Monthly rise of 3 pct for producer price index in Aug prompts cost concerns
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Retail sales grow by 3.1 pct in Jul, as food sales continue to contract
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Consumer confidence takes 10-point dive in September
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Building activity continues to grow, rising by 13 pct YoY in Jun
Unemployment rate inched up again in Sept to 27.4 pct
![Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com] Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/10/09/poverty_myrto_0910-large.jpg)
The seasonally adjusted unemployment rate in September rose marginally to 27.4 percent, from 27.3 percent in August, according to data released by the Hellenic Statistical Authority (ELSTAT). The September rate is now just under the historic high of 27.5 percent in May this year.
Reversing a positive trend evident in the preceding two months, the rate of increase in the number of unemployed people accelerated to 1.03 percent in September from 0.44 percent in August, while the respective figure for employed decelerated to 0.15 pe...
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