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Accommodation and food services index up 7.6 pct in Q3
EconomyMacroeconomyThe Turnover Index in Accommodation and Food Services grew by 7.6 percent in the third quarter (Q3) of 2014, following a rise of 6.7 percent in Q2, according to the Hellenic Statistical Authority (ELSTAT).
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Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
EconomyMacroeconomyThe Greek non-seasonally adjusted (NSA) GDP at constant prices posted a growth of 1.9 percent year on year (YoY) in Q3, higher than the flash estimate of 1.7 percent, according to the provisional data published by the Hellenic Statistical Authority (ELSTAT) on Friday.
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Greek retail index down 0.9 pct in Sept. although volume increases
EconomyMacroeconomyAfter increasing in the preceding three months, the turnover of Greece’s retail trade index fell by 0.9 percent in September following a downward revised 4.4 percent rise in August, according to the Hellenic Statistical Agency (ELSTAT).
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Greek trade deficit widens 34.2 pct in Sept as exports slip for third month
EconomyMacroeconomyGreece’s trade deficit widened by 34.2 percent in September after a drop of 29.5 percent in August, according to the Hellenic Statistical Authority (ELSTAT).
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OECD sees more growth, falling unemployment in Greece
EconomyMacroeconomyIn its latest Economic Outlook report published on Tuesday, OECD upward revised its GDP forecasts for Greece and is now expecting growth of 0.8 percent for 2014 from recession of 0.3 percent in its previous estimates published on May 6.
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Greek industrial turnover posts rise of 1.8 pct in September after earlier drop
EconomyMacroeconomyΤhe Turnover Index in Industry rose by 1.8 percent in September following an upward revised 4.1 percent drop in August, according to the Hellenic Statistical Authority (ELSTAT).
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Greece returns to growth after long recession, GDP figures show
EconomyMacroeconomyThe Greek economy exited the recession in Q2 2014, posting the first GDP growth after 16 successive quarters of recession, according to the flash estimates published by the Hellenic Statistical Authority (ELSTAT).
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Rate of drop in building activity increases to 19.9 pct in August
EconomyMacroeconomyΤhe number of building permits issued in Greece fell at a faster pace in August, dropping by 19.9 percent after an 8 percent drop in July, according to the Hellenic Statistical Authority (ELSTAT).
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Car sales still going strong in 2014; up by 33.7 pct in October
EconomyMacroeconomyΤhe rate of growth in the number of road motor vehicles going into circulation for the first time at dipped to 33.7 percent in October from 44.3 percent in September, according to the Hellenic Statistical Authority (ELSTAT).
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Industrial production falls by 5.1 pct in September for seventh straight drop
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) posted a decline for the seventh successive month in September, dropping by 5.1 percent following an upward revised 5.9 percent decrease in August, according to the Hellenic Statistical Authority (ELSTAT).