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
PMI falls to 46.9 pts in June in ten straight months of contraction
Greece’s Manufacturing PMI eased by 1.1 points to 46.9 in June from 48 in May, according to Markit. The headline figure indicates the second lowest reading in the last two years, while remains below the 50-point mark implying a contraction for the tenth successive month.
The survey data displayed a sharp decline in new orders at an accelerating pace leading to a drop in production at the fastest rate over the past two years. At the same time a marked increase was evident in suppliers’ delivery time, which was the most m...
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