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PMI improves in May but points to further deterioration in manufacturing
EconomyMacroeconomysector for the ninth straight month. Markit data showed a further, albeit slower, decline in output... was posted in investment and intermediate goods. The reduction in output was mainly led by lower new... and higher material prices. Output charges also fell at a solid rate. Markit analysts concluded
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On the Greek crisis and German imbalances
Agorathus brought about much smaller declines in real output in response to the initial crisis... explain the much smaller drop in real output facilitated by speedy internal devaluation at much... Krugman, has never taken a look at the Greek input-output tables (or the Cypriot ones two years ago
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Newsletter 61 - 05/02/2016
in volumes of output and new orders. Employee numbers slightly rose, while output charges and input... numbers rose slightly, output charges and input costs decreased. 2 Counting the cost of migration
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PMI falls 1.6 pts to 48.4 in February
EconomyMacroeconomyfor the first time in the last three months. Manufacturers reported a drop in output and incoming new orders... price pressures. Production fell for the second straight month, albeit at a modest pace. The output... disruptions caused by farmers’ protests. Meanwhile, the fall in output prices continued unabated
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PMI rebounds to 47.7 in Feb but shows deterioration for sixth straight month
EconomyMacroeconomydeterioration reflects a further drop in new business and output, while lower production also led... that recorded in the previous month. Lower client demand resulted in reduced output, continuing the trend... follow an all too familiar narrative as waning domestic and foreign demand continued to weigh on output
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PMI at 50.5 in June, posting first growth in 10 months
EconomyMacroeconomyorders continued to fall slightly in June. The growth in orders led to the first increase in output... outlook regarding output growth. Commenting on the slight improvement of Greece’s manufacturing... in output and new orders, albeit to marginal degrees. A second successive rise in employment also supported
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PMI at 52.1 in October, dropping slightly from previous month
EconomyMacroeconomywas driven by strong domestic and export demand, which increased purchasing activity and output. Higher raw.... Purchasing activity also rose in response to increased production. Output rose for a fifth month.... “There was, however, a notable slowdown in output growth, which poses a slight cause for concern going
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PMI up to 53.1 in Dec as business conditions improve at fastest pace in over a decade
EconomyMacroeconomy. December marked the joint sharpest rise in output since August 2008. The confidence in the Greek... in more than 10 years. The increased operating capacity resulted in the sharpest rise in output, in line... creation and the joint-sharpest growth in output since August 2008,” they said. “The data will buoy hopes
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PMI slows to 52.9 pts in April, sector confidence hits all-time high
EconomyMacroeconomy-production inventories increasing at the most modest rate in the last four months. Output increased.... Despite output slowing, post-production inventories showed a rise for the first time since July 2017... that the deceleration was spread across output, new orders and input buying, but that the signs remained positive
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Manufacturing PMI dips slightly to 53.6 pts in September as sentiment remains strong
EconomyMacroeconomycontinues to hold. Levels of output remained solid in September, with client demand driving the increased... in metal and wood products. Output charges in turn increased for a ninth consecutive month... reported a deterioration. As output rose faster than new orders, outstanding business declined
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