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PBO sees resilience in economy, revises growth outlook slightly down
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Unemployment slides to 8.1% in May as male and youth rates improve
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Manufacturing PMI improves slightly in June, cost and export challenges persist
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Energy continues to drive rise in producer prices as May sees 13.5% YoY increase
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Retail sales growth slows to 4% YoY in Apr, volumes drop as fuel consumption decreases
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Loans to businesses keep credit growth at 7.4% YoY in May
Manufacturing continues to expand in Dec as PMI sees minor rise
Greece’s manufacturing PMI was almost unchanged in December with a minor rise to 52.9 points, from 52.7 points in the previous month, S&P Global data showed on Friday.
The rise in the headline figure was supported by a stronger increase in new orders in the month. Growth accelerated from November’s recent low, although it remained modest overall.
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