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PMI falls to 51.7 in July, level of optimism drops to lowest in a year
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Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
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Producer prices on six-month run of rises after 1.6 pct YoY increase in Jun
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Economic sentiment improves in July, consumer confidence continues to slide
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Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
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Building activity continues to slide in Apr, 4M permits down 26 pct YoY
Industrial turnover and new orders indices rebound for second straight month
The Turnover Index in Industry increased 1.7 percent in August, while New Orders Index in Industry also improved by 2.7 percent, according to the Hellenic Statistical Authority (ELSTAT). It is the second straight month both indices have rebounded concurrently, following a 3.7 percent and 1.6 percent respectively rise in July. It is also worth noting that on a twelve-month trailing basis both indices recorded a drop of 1.0 and 4.9 percent respectively.
The rise in the industrial turnover reflects an increase in the manufacturing and mining-quarrying sectors by 1.1 percent and an impressive 67.4 percent respectively. From a geographical perspective, turnover for the non-domestic market soared 16.7 perc...
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