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GDP in Q3 increased in volume terms by 0.1% after a revised -0.1% decline in Q2, according to the National Institute of Statistics and Economic Studies. In Q3 the volume of retail sales (excl. motor vehicles) showed marginal improvement up 0.1% quarter on quarter, with a year on year increase of 1.5%. However there was a 2.9% decline in the sales volumes for accommodation and food services; indicating the market remains challenging.
Source : Cushman & Wakefield
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