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Primary surplus at 4.37 bln up to March thanks to deferred spending, VAT intakes
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Despite disposable income rise in Q4, saving rate negative for five quarters in a row
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Greece unveils new batch of cost-of-living measures after robust 2025 fiscal results
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Tourism season starts strongly in Feb with receipts up 70.7 pct in first two months
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Manufacturing drives industrial turnover decline of 4.6 pct YoY in Feb
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Hiring balance stays negative in Jan as new hires drop YoY
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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