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PMI shows slight improvement in Oct, sector outlook improves
EconomyMacroeconomyGreece’s Manufacturing PMI recorded a moderate recovery in October, rising to 51.2 points, from 50.3 points in September, according to S&P Global data released on Friday. The conditions in the Greek.... It is hoped that cooling inflationary pressures and investment across the sector will help support growth
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PMI falls to 51.7 in July, level of optimism drops to lowest in a year
EconomyMacroeconomyGreece’s manufacturing PMI dropped significantly in July to 51.7 points, from 53.1 points in the previous month, S&P Global data showed on Friday. The latest data reflects a downturn in growth seen... also slowed to an eight-month low, though some hiring occurred to support production. Backlogs dropped
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Athens pleased with Washington talks despite lack of definitive US position on Turkey
PoliticsForeign Policyof the two countries as "fantastic". He also said that "the US will continue to support Greece's prosperity... identified before the trip: The US president's full support for the Greek positions vis a vis Turkey's... to support Greece if there is a so-called “hot incident” with Ankara. According to some diplomats, though
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Will centre-left let go of past to grasp change?
Agorain the opinion polls, it is still some way short of the support needed to hand it a parliamentary majority... of support that will provide him with a strong platform in opposition. Opportunity There is also... Tomasi di Lampedusa described the decline of the Sicilian aristocratic family, the house of Salina
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An uncertain and wasted year for Italy
AgoraMonti – who enjoyed a clear cross-party support – Cottarelli will be alone. In fact, the choice... blunder by Mattarella. Cottarelli will be used by the two populist leaders, Luigi Di Maio and Matteo
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Greek manufacturing PMI virtually unchanged in Feb as uncertainty bites
EconomyMacroeconomyGreece’s Manufacturing PMI rose by just 0.1 points in February to 48.4 from 48.3 in January... of purchases and a more marked deterioration in supplier delivery times supported the headline PMI... manufacturing PMI remained in contraction territory in February in a further sign that Greece’s economy
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Lack of new orders and sharp drop in production lead to weak PMI in August
EconomyMacroeconomyAfter reaching a record low in July, Greece’s Manufacturing PMI improved by 8.9 points to 39.1... readings in history. The weak PMI in August – well below the neutral 50-point mark – was driven by a lack... substantial declines in demand from both the domestic and foreign markets.” “The headline PMI reading
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PMI falls again in October amid ongoing drop in output and new orders
EconomyMacroeconomyGreece’s Manufacturing PMI edged down for the second straight month in October, when it fell by 0.6 points, after a drop of 1.2 points in September, Markit’s survey showed on Tuesday. PMI landed... in October, as a number of key PMI indicators fell further into decline intensifying the overall downturn
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PMI drops for third straight month to hit one-year low of 48.3 in Nov
EconomyMacroeconomyGreece’s Manufacturing PMI fell for the third successive month, albeit at a slower pace of 0.3.... As a result, PMI edged down to 48.3, which is the lowest reading since November 2015. The ongoing... during November as the headline PMI slumped to its lowest level in one year.” “Weaker demand
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PMI climbs to 52.2 in Aug, highest for nine years
EconomyMacroeconomyGreece’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... sector, with the headline PMI hitting a nine-year high.” “The strong degree of optimism can at least
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