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Government tones down fiscal pledges as tighter framework starts to bite -
Budget outperforms in Mar, delivers 2.95 bln primary surplus thanks to strong tax collection -
Import price drop slows further to 2.8 pct in Feb -
Car sales contract in March, up 4 pct YoY in Q1 -
Industrial Production growth slows to 1.6 pct YoY in Feb as electricity supply drops -
CPI accelerates again in March, rising by 3.2 pct YoY and 1.5 pct MoM
Greek PMI up to 50.1 in August, employment and profitability still falling
Greece’s Manufacturing PMI resumed an upward trend for the first time since April, rising by 1.4 points to 50.1 in August from 48.7 in July, according to Markit. This was the first reading above the 50-point mark - which separates growth from contraction - since May.
The factory output showed a solid rise in August, reversing the slight drop posted in the beginning of the third quarter. In addition, an increase in new orders for the first time in the last three months supported the rebound in production with higher ...
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