CPI down by 1.6% in March, marking 12-month continuous drop
Car sales almost double in March from level at start of pandemic
Industrial production up by 4.4% in February
IMF expects modest recovery, lingering debt but primary surplus to return swiftly
Trade deficit falls by 33.2 pct in February
General govt primary cash deficit at 1.99 bln in February; arrears jump
Manufacturing PMI in Greece hits a 51-month high in November
Greek Manufacturing PMI rose to a 51-month high of 49.2 in November from 47.3 in October as output at Greek manufacturers rose for the first time since September 2009, according to Markit. At the same time, new orders stabilised, after having fallen in the previous month, while the decrease in employment decelerated.
Greek manufacturers’ production levels rose slightly in November for the first time since late 2009. Although growth was confined to the consumer goods sector, intermediate and capital goods manufacturers recorded lower output levels.
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