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Greek economy closer to rebound

15 April 09 - RE+D Magazine
Greek economy closer to rebound

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Consultant - GREECE

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Inflation based on the Consumer Price Index dropped once again further than expected, at 1.3% in March 2009 -at levels lower than those of September 1968- from 1.6% in February 2009, according to the weekly financial analysis by Alpha Bank. This drop in inflation is due to the drop in gas and heating oil prices, as well as the fact that prices remained low at many categories of goods and services.

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