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  1. Newsletter 65 - 04/03/2016

    Newsletters

    of a primary surplus of 3.5 percent of GDP. In contrast, the EC and the government estimate a lower... percent contraction it foresaw in its flash estimate on February 12. The reported figures point... lower than the initial estimate incorporated in the third bailout programme of a recession of 2.3

    5%

  2. Final budget sees strong growth, fiscal overperformance in 2018
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Athens now sees 2017 growth settling at 1.6 percent, well below the initial estimate. The Finance...). In fact, private consumption only grew by half the original estimate, 0.9 percent. Investment also reached just over half the estimate, increasing by 5.1 percent. The growth of exports did

    5%

  3. Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    for 2016. The MoF, Bank of Greece (BoG) and the EC estimate a mild GDP contraction of 0.3 percent, while OECD’s estimate stands a bit lower at 0.2 percent. In contrast, IMF sees a marginal GDP expansion of 0.1 percent. For the full year MoF and EC estimate of a GDP contraction of 0.3 percent to be met

    5%

  4. Industrial turnover rises at accelerating pace of 9.4 pct in Sept

    EconomyMacroeconomy

    -durables edged down 1 percent. In more detail, turnover in mining of metal ores more than doubled... breakdown showed the top performing sectors included metal ore mining (+88 percent), motor vehicles

    5%

  5. Industrial turnover rebounds 2 pct in November

    EconomyMacroeconomy

    (+48.2 percent) followed by mining of metal ores (+29.9 percent) and fabricated metal products

    5%

  6. Industrial production rises at record high rate of 10.8 pct in Feb

    EconomyMacroeconomy

    in basic metals (+27.7 percent), fabricated metal products (+25.3 percent) and mining of coal..., while big drops were also recorded in mining of metal ores (-13.3 percent) and wearing apparel

    5%

  7. Manufacturing PMI dips slightly to 53.6 pts in September as sentiment remains strong
    Image via www.viohalco.com

    EconomyMacroeconomy

    in metal and wood products. Output charges in turn increased for a ninth consecutive month.... The increase in prices was noted by respondents, particularly around higher metal and wood product

    5%

  8. Industrial turnover jumps 31.6 pct in Aug as strong recovery is boosted by business abroad
    Photo via https://flic.kr/p/2iUFUMF

    EconomyMacroeconomy

    manifested in coke and petroleum products, beverages, basic metals, and fabricated metal products... and petroleum products, fabricated metal products and basic metals. Mining and quarrying turnover increased

    5%

  9. Industrial turnover continues recovery with 39.6 pct rise in Sep, led by sales abroad
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    metal products except machinery. Revenue in the domestic market increased by 30.3 percent, while... products, electrical equipment, basic metals, and fabricated metal products except machinery. Mining

    5%

  10. Producer prices record back-to-back decline in Apr as energy falls by 24.4 pct YoY
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    by refined oil products that contracted by 31.1 percent, mining of metal ores down by 10.6 percent and metal products dropped by 2.1 percent. In the broader categories in the overall market, energy products

    5%