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Unemployment rate edges down for sixth straight month to 26.8 pct in March
EconomyMacroeconomyThe seasonally adjusted jobless rate slipped for the sixth straight month in March, edging down to 26.8 percent from an upwards revised 26.9 percent in February, according to the Hellenic Statistical Agency (ELSTAT).
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Drop in Greek retail sales accelerates to 3.4 pct in March
EconomyMacroeconomyThe turnover of Greece’s retail trade index fell by 3.4 percent year on year (YoY) in March, from a revised -1.9 percent posted in February, according to the Hellenic Statistical Agency (ELSTAT).
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Greek trade deficit increases by 14.7 pct in March
EconomyMacroeconomyGreece’s trade deficit continued heading north for the second successive month rising by 14.7 percent in March, according to the Hellenic Statistical Authority (ELSTAT).
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March fall for Greek industrial turnover is ninth in 15 months
EconomyMacroeconomyAfter a temporary stall in February, the Turnover Index in Industry resumed a negative trend in March easing by 1.1 percent, according to the Hellenic Statistical Authority (ELSTAT). The February reading was revised from a marginal drop of 0.1 percent to a slight growth of 0.3 percent.
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Q1 GDP contracts 1.1 pct as Greece eyes growth in 2014
EconomyMacroeconomyGreek non-seasonally-adjusted GDP contracted 1.1 percent year on year (YoY) in the first quarter (Q1) of 2014 from -2.3 percent in Q4 2013, according to flash estimates published by the Hellenic Statistical Authority (ELSTAT) on Thursday.
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Building activity continues to crumble, falling by 20.7 pct in Feb
EconomyMacroeconomyGreek building activity (as measured by the number of building permits) retained on a downward curve for the third straight month in February, retreating by 20.7 percent according to the Hellenic Statistical Authority (ELSTAT).
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CPI down 1.3 pct in April as Greece remains in deflation for 14th month
EconomyMacroeconomyThe Consumer Price Index (CPI) eased 1.3 percent in April, unchanged from the previous month, according to the Hellenic Statistical Authority (ELSTAT).
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Greek industrial production falls in March after three months of rises
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) dropped 3.1 percent in March, from an upward revised 3.1 percent increase in February, according to the Hellenic Statistical Authority (ELSTAT).
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Car registrations continue to rise; up by 9.1 pct in April
EconomyMacroeconomyCars going into circulation for the first time showed a year on year (YoY) increase for the eighth straight month in April, rising by 9.1 percent according to Hellenic Statistical Agency (ELSTAT).
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Retail index fell by 2.2 pct in Feb but trend improving
EconomyMacroeconomyThe turnover of Greece’s retail trade index fell by 2.2 percent year on year (YoY) in February, while volume slightly rose by 0.6 percent, according to the Hellenic Statistical Agency (ELSTAT).