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Greece’s Producer Price Index (PPI) remained in contraction in October, with a drop of 1.4 percent year-on-year (YoY), after a decrease of 1.1 percent in September, ELSTAT data showed on Friday.
Greece’s retail sales dropped by 0.7 percent year-on-year (YoY) in September, after a strong rise of 5.1 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
The Greek government is confronting a mounting water crisis that has pushed Attica to the brink of emergency status and forced ministers to admit that “difficult decisions” can no longer be delayed.
The Greek banking system’s private sector deposits fell significantly in October, with a net drop of 2.13 billion euros, after a rise of 2.65 billion euros in August, according to the latest Bank of Greece (BoG) figures released on Thursday.
