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Energy pushes import prices up by 10% in July
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Sharp drop in new passenger cars leads to 18.7% YoY decline for vehicle sales in Aug
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Despite manufacturing gains, industrial production drops by 1.2% YoY in July
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Inflation picks up pace in August, rising to 3.8% YoY
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Seasonal factors shape employment balance in July as job departures dominate
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Energy impacts trade deficit as July sees growth of 3.2% YoY
PMI climbs to 52.2 in Aug, highest for nine years
Greece’s Manufacturing PMI rose by 1.7 points in August, reaching 52.2 from 50.5 in July, marking the third successive improvement for the sector and the highest headline PMI reading since August 2008.
Markit says that the marginal improvements in the manufacturing sector over the last couple of months accelerated to a nine-year peak in August. The improvement came from higher new orders from both domestic and foreign clients which led to firms hiring...
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