Investment recovery supports GDP
Investment recovery supports GDP
Greece Macro Monitor
03 Ιουλίου 2006
• Strengthening residential construction activity, higher public investment spending and improved business sentiment point to a dynamic bounce in investments following their year-long slump in 2005
• Demand-side pressures, persistently high oil and raw material prices and above-inflation increases in private sector wages are likely to maintain upside price pressures, with annual inflation remaining above 3.0% both this year and the next
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