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Decline in Greek CPI slows to 1.1 pct in June after sharper fall in May
EconomyMacroeconomyThe Consumer Price Index (CPI) fell 1.1 percent in June, decelerating from the 2 percent drop in May, the Hellenic Statistical Authority (ELSTAT) said on Wednesday.
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Retail sales up 3.9 pct in April for first positive YoY reading since 2010
EconomyMacroeconomyThe turnover of Greece’s retail trade index rose 3.9 percent year on year (YoY) in April from a revised -3.8 percent recorded in March, according to the Hellenic Statistical Agency (ELSTAT).
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Wages index edges up YoY in Q1 after sinking by 24.8 pct since 2010
EconomyMacroeconomyThe seasonally adjusted Wages Index rose 0.6 percent year on year (YoY) in the first quarter (Q1) of 2014, while it dropped 2.3 percent quarter on quarter (QoQ) over Q4 2013, according to the Hellenic Statistical Authority (ELSTAT).
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Greek trade deficit rises further in April as exports fall by 20.8 pct
EconomyMacroeconomyGreece’s trade deficit rose for the third straight month at an accelerating pace of 17.2 percent in April after increasing by 14.7 percent in March, according to the Hellenic Statistical Authority (ELSTAT).
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C/A deficit to April narrows by 34.7 pct boosted by services
EconomyMacroeconomyGreece's April current account (C/A) deficit slightly rose by 1.3 percent to 1.17 billion from 1.15 billion last year, according to the Bank of Greece (BoG).
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Greek industrial turnover drop accelerates in April
EconomyMacroeconomyThe Turnover Index in Industry remained in negative territory for the second straight month falling at an accelerating pace by 9.8 percent in April from -1.2 percent in March, according to the Hellenic Statistical Authority (ELSTAT). The April reading indicates the highest drop since December.
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Majority of services sectors still see contraction in turnover in Q1 2014
EconomyMacroeconomyThe evolution of turnover indices for the services sector showed 8 out of the 14 services activities posted a contraction in Q1 2014, according to the Hellenic Statistical Authority (ELSTAT).
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Greek Q1 unemployment remains at record quarterly high of 27.8 pct
EconomyMacroeconomyThe non-seasonally-adjusted unemployment rate remained unchanged quarter on quarter in Q1 of this year at 27.8 percent in Q1 but rose slightly from the 27.6 percent posted in Q1 2013, according to the Hellenic Statistical Authority (ELSTAT).
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Greek building activity drop decelerates to 16 pct in March
EconomyMacroeconomyBuilding permits in Greece continued heading south, although at a decelerating pace, falling by 16 percent in March from 20.7 percent in February, according to the Hellenic Statistical Authority (ELSTAT).
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Industrial Production Index in negative territory for the year, at -2.2 pct in April
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) fell 2.2 percent in April following a downward revised 2.7 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT).
This is the eleventh negative reading over the past 16 months.