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PMI falls to 51.7 in July, level of optimism drops to lowest in a year
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Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
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Producer prices on six-month run of rises after 1.6 pct YoY increase in Jun
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Economic sentiment improves in July, consumer confidence continues to slide
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Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
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Building activity continues to slide in Apr, 4M permits down 26 pct YoY
In first contraction since Oct 2020, Jan IPI falls by 10.9 pct MoM
Greece’s Industrial Production Index (IPI) recorded its first contraction in months, dropping by 0.2 percent year-on-year in January following an upwards revised 8.4 rise in December, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.
IPI grew for 14 consecutive months since November 2020. The most significant rise - 22.7 percent - was recorded in April 2021, mainly thanks to the low base effect of the previous year’s strict first lockdown. In October 2020 the index was down by 3.2 p...
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