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Newsletter 38 - 07/08/2015
unemployment figure is the lowest in almost three years. Manufacturing output tumbles Greece’s Manufacturing PMI recorded its lowest ever reading in June, when it tumbled to 30.2, from 46.9 in June. Output, new orders, employment and stocks all saw a deterioration. The drop in output was attributed
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PMI at 50 points in Dec as manufacturing shows signs of stabilisation
EconomyMacroeconomyon broadly unchanged operating conditions. The data showed marginal drops in volumes of output and new orders, the employee numbers slightly rose, while output charges and input costs decreased. The decline in production mainly stemmed from a lack of liquidity in the market, while the output contraction
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PMI rebounds 0.6 pts to 49 in March but remains below 50-point mark in Q1
EconomyMacroeconomysector amid drops in output, incoming new orders and stock levels, while workforce rose slightly. Production remained in negative territory, but edged closer to stabilisation, while output levels fell.... The decline in output is largely attributed to a broad-based decrease in demand evident in both the domestic
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PMI falls to 46.7 in Mar on drop in new orders but outlook positive for next months
EconomyMacroeconomyto a sharp drop in new orders, further decline in output and reduced employment. However, Greek firms... for the seventh consecutive month. As a result, Greek manufacturers reduced their output as well as their post... for the fourth successive month, while backlog fell further. Lower output requirements coupled with financial
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PMI stays at 50.5 in July with second positive reading in 11 months
EconomyMacroeconomythat growth was largely spurred by a rise in output plus the third consecutive rise in staff numbers, despite new business orders not having increased. The rate of expansion in output, though slight... confident that output would rise in the next 12 months. Rising production also contributed to growth
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PMI rises to 52.8 in Sept, highest since June 2008
EconomyMacroeconomywas the most marked for three and a half years. This in turn led to increased output and improved... to increase their output for the fourth month in a row in September. The rate of growth was also the most... increases in output over the next 12 months, investments in new technologies and sales to foreign clients
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PMI slows to 53.1 in October, orders and employment remain strong
EconomyMacroeconomy-month low, while business confidence slipped to its lowest level since September 2017. Output growth... with demand growing in both domestic and foreign markets. Output prices were reduced as competition... dipped to a 13-month low as firms expressed less positive sentiment about future output. The main
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PMI picks up to 54 in November while production rises to eight-month high
EconomyMacroeconomyfor Greek manufacturers. The improvement stemmed largely from increased output and an expansion of business. Production levels rose at the fastest rate in the last eight months, while output was strong.... This was put down to higher costs of raw materials and increased fuel costs. Output prices showed
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PMI at 54.2 in Feb as new clients and overseas orders spur growth
EconomyMacroeconomysince June 2017. Output growth was the joint fastest since March 2018, with rising new orders... month. Employment growth was also reported during the month. Regarding output in the year ahead... linked to higher raw material prices. A faster rise in new business led to firms raising their output
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PMI stable at 53.5 points in October as foreign orders rise
EconomyMacroeconomyreported expecting increases in output over the year. Price increases meanwhile continued to ease... the month. While the index eased, output and new business continued to increase at a steady pace. Exports... output levels was also reflected in expectations which remained robust amid more favourable financial
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