OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
Trade deficit narrows in April, though exports drop by 4.3 pct
Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ
Unemployment stays at 11.2 pct in Apr, youth jobless down by 5 points at 27.4 pct
Manufacturing grows in May, but at slowest pace in last four months
March sees first retail sales fall for two years, volumes show consumption diving
Manufacturing PMI moved back into contraction territory in March
Greece’s Manufacturing PMI slowed to 49.7 in March from 51.3 in February, falling back below the 50-point mark that separates growth from contraction, according to Markit.
The drop in the headline index is attributed to slower growth in output and new orders coupled with lower stocks and employment amid cash flow issues.
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