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Greek retail index dropped 4.3 pct in January
EconomyMacroeconomyThe turnover of Greece’s retail trade index fell by 4.3 percent in January and volume eased by 1.9 percent, according to data published by the Hellenic Statistical Agency (ELSTAT) on Friday.
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Greek trade deficit narrowed 15.4 pct in January
EconomyMacroeconomyGreece’s trade deficit narrowed 15.4 percent to 1.62 billion euros in January, according to the Hellenic Statistical Authority (ELSTAT).
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Unemployment closes 2013 with new high of 27.5 pct in last quarter
EconomyMacroeconomyThe non-seasonally-adjusted unemployment rate rose to 27.5 percent in Q4, after marginally easing by 0.1 percentage points to 27 percent in Q3, according to the Hellenic Statistical Authority (ELSTAT).
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Industrial production up 1.1 pct in Jan, first consecutive rise since Aug 2007
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) showed an increase of 1.1 percent for the second straight month in January, following a 0.5 percent rise in December, according to the Hellenic Statistical Authority (ELSTAT).
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Building activity nosedived for the fourth straight year, down 27.6 pct in 2013
EconomyMacroeconomyFollowing a temporary jump by 36.2 percent in November, Greek building activity (as measured by the number of building permits) resumed a negative trend in December diving by 29.6 percent according to the Hellenic Statistical Authority (ELSTAT).
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Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year
EconomyMacroeconomyGreek non-seasonally-adjusted GDP contracted 2.3 percent in the fourth quarter of 2013, which was 0.3 percentage points better than the flash estimate released a month ago indicating a 2.6 percent drop, according to provisional data published by the Hellenic Statistical Authority (ELSTAT) on Tuesday.
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Drop in CPI eased in Feb but Greece still firmly in deflation territory
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) slowed further in February to 1.1 percent from 1.5 percent in January, according to the Hellenic Statistical Authority (ELSTAT).
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Greek trade deficit narrowed 11 pct in 2013 but exports marginally negative
EconomyMacroeconomyGreece’s trade deficit narrowed 2.1 percent to 1.4 billion euros in December, while the respective figure for 2013 fell 11 percent to 19.34 billion, according to the Hellenic Statistical Authority (ELSTAT).
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Industrial turnover and new orders indices post big drops for December
EconomyMacroeconomyThe Turnover Index in Industry fell 11.8 percent in December, while the New Orders Index in Industry dropped 7.5 percent, according to the Hellenic Statistical Authority (ELSTAT).
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Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates
EconomyMacroeconomyGreek non-seasonally-adjusted GDP contracted 2.6 percent in the fourth quarter of 2013, further decelerating from the 3 percent drop posted in the third quarter, according to flash estimates published by the Hellenic Statistical Authority (ELSTAT) on Friday.