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Manufacturing continues to expand in April, firms remain optimistic -
Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy -
As base effect wears off, producer prices fall by just 0.1 pct in Mar -
Retail sales and volumes show worrying signs, turnover down 3.8 pct in Feb -
Corporate taxation, underspend lead to 3 bln primary surplus in March -
Credit expansion grows by 4.5 pct in Mar, driven by corporations
Back-to-back contraction for PMI in Aug reflects tough conditions for manufacturing
Greece’s Manufacturing PMI dropped by just 0.3 points in August to 48.8 points, after a 2-point drop to 49.1 in July, according to S&P Global data released on Thursday.
August’s PMI captured back-to-back, albeit modest, declines in the state of the Greek manufacturing sector, with the latest fall the sharpest since December 2020.
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