Travel balance falls by 4.1 pct in April
Primary cash balance at surplus of 438 mln in May
May employment balance positive by 105,282 as seasonal hires pick up
Current account deficit drops in April on improved goods and services balance
Industrial turnover rises by 13.4 pct in April
Budget primary surplus at 918 mln in May, expenditures rise as 13th pension payment takes effect
Manufacturing PMI rises again, reaching 51.1 in April
Greece’s Manufacturing PMI improved by 1.4 points to 51.1 in April, according to Markit. This was the third reading so far in 2014 above the 50-point mark, which separates growth from contraction.
The monthly movement was boosted by faster rises in output and new orders coupled with a growth in employment for the first time in six years. In contrast, inventory levels continued heading south, while factory gate prices decreased at the fastest pace...
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