Travel balance down by 29 pct in April as receipts slump
April current account deficit at 1.34 bln as goods deficit grows
Industrial turnover rises by 6.7 pct in April for fourth positive reading
Primary cash surplus at 6.4 bln in year to date, expenditure rises during May
Turnover in services sector shows deteriorations in Q1 2018
Budget primary surplus at 1.54 bln in May on revenue rise, sharp investment underspend
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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