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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
Manufacturing remains in contraction at start of 2023, but at slowest rate since Oct
Greece’s Manufacturing PMI remained in contraction at the start of 2023 at 49.2 points, eased off though from the 47.2 points of December, according to S&P Global data released on Wednesday.
December’s PMI marks seven months of decline in the operating conditions of the Greek manufacturing sector, though S&P notes that the deterioration in January was only marginal and the slowest decline since last September.
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