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Car sales continue to rise in July but at slower pace of 25.9 pct
EconomyMacroeconomyThe growth rate in the number of road motor vehicles going into circulation for the first time slowed to 25.9 percent in July from 46.3 percent in June, according to the Hellenic Statistical Authority (ELSTAT).
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Unemployment at 27.2 pct in May, hardly changed from previous months
EconomyMacroeconomyThe seasonally adjusted jobless rate slightly fell to 27.2 percent in May after remaining unchanged at 27.3 percent in the preceding three months, according to the Hellenic Statistical Agency (ELSTAT).
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Sudden spurt for Greek exports, which rose by 11.3 pct in June
EconomyMacroeconomyThe rate of change in Greece’s exports turned positive showing an increase of 11.3 percent in June following a drop of 7.5 percent in May, according to the flash estimates released by Hellenic Statistical Authority (ELSTAT) on Thursday.
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Greek CPI falls at slower pace of 0.7 pct in July
EconomyMacroeconomyThe drop in the Consumer Price Index (CPI) decelerated for the second straight month to 0.7 percent in July from 1.1 percent in June, according to the Hellenic Statistical Authority (ELSTAT).
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Greek retail sales dive 8.5 pct in May after brief rise in April
EconomyMacroeconomyThe turnover of Greece’s retail trade index resumed a negative trend in May dropping by 8.5 percent year on year (YoY) after increasing by 3.8 percent in April, according to the Hellenic Statistical Agency (ELSTAT).
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Greek trade deficit up by 21.9 pct in May as exports sink further
EconomyMacroeconomyThe rate of increase in Greece’s trade deficit accelerated to 21.9 percent in May from 17.2 percent in April, according to the Hellenic Statistical Authority (ELSTAT).
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In third straight month of decline, industrial turnover falls 4.9 pct in May
EconomyMacroeconomyThe Turnover Index in Industry continued heading south for the third successive month dropping by 4.9 percent in May from a revised -10.5 percent in April, according to the Hellenic Statistical Authority (ELSTAT).
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Building activity plunges by 35.6 pct in April, down by 75 pct since 2008
EconomyMacroeconomyThe number of building permits issued in Greece in April plunged by 35.6 percent in, accelerating from the 16 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT).
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Industrial production rises again in May, by 1.8 pct, after two months of decline
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) rose 1.8 percent in May, following a drop of 2.1 – 2.3 percent in the preceding two months, according to the Hellenic Statistical Authority (ELSTAT).
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Car registrations surge by 46.3 pct in June thanks to tourism, consumer confidence
EconomyMacroeconomyThe number of road motor vehicles (going into circulation for the first time) continued showing strong growth of 46.3 percent in June, after increasing by 48.7 percent in May, according to the Hellenic Statistical Authority (ELSTAT).