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Budget continues to perform strongly in July as VAT beats target by over 1 bln
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Energy propels rise of 19.6% YoY in June industrial turnover
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Current account deficit improves in June, rises to 9.54 bln in first half of year
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Central govt debt rises to 402.64 bln in Q2 on back of repos and bonds increases
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Greece extends debt prepayment strategy with first repayment of EFSF loans
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Primary balance at 5.73 bln up to July as RRF-related spending revs up
PMI softens to six-month low, but employment in manufacturing grows at record pace
Greece’s Manufacturing PMI for January dropped to a six-month low of 57.9 points, from 59 in December, however, still signaling growth in the sector, according to Markit data released on Tuesday.
Although the latest data captured a solid improvement in operating conditions, the growth rate eased to the slowest in the last six months and soft upturns in output and new orders since last April.
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