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  1. Back-to-back contraction for PMI in Aug reflects tough conditions for manufacturing

    EconomyMacroeconomy

    and production led to a fall in workforce numbers, for the first time since December 2020, due to higher.... Lower production also led to a decrease in purchasing activity, falling at a solid pace for four

    7%

  2. Newsletter 350 - 09/09/2022

    Newsletters

    of goods and services increased by over 15 pct, led by growth in services with 34.4 pct, benefiting from... movement was led by growth in private consumption by 2.2 pct QoQ. Government spending was also up by 1.4

    7%

  3. Industrial production grows by 7 pct in Jul, as manufacturing records monthly drop

    EconomyMacroeconomy

    in July, after a 3.2 percent rise in June. The annual movement in the index was led by an 11.1... movement was led by electricity supply, up by 5.5 percent, while water supply increased by 1.3 percent

    7%

  4. Despite solid annual growth of 28.1 pct, import prices record first back-to-back monthly drop since 2020

    EconomyMacroeconomy

    increased by 17.7 and 14.4 percent respectively. The monthly movements were led by a 10.5 percent... of industries, energy led the import price annual rise by 58.5 percent, followed by intermediate goods

    7%

  5. Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves

    Economy

    in cleaning up the balance sheets as banks have to operate in a high-risk environment led by recession... a prudent fiscal stance for years to come. Moody’s sees strong growth of 5.3 pct this year, led

    7%

  6. Producer prices up by 39.5 pct in Aug, reversing trend of monthly drops
    Image via www.viohalco.com

    EconomyMacroeconomy

    not entirely lost steam. The rise of products sold in the domestic market reached 38 percent annually, led..., led by 87.2 percent higher prices for refined petroleum products, followed by basic metals which

    7%

  7. Despite PMI rise of 0.9 pts in Sept, manufacturing stays in contraction for third month

    EconomyMacroeconomy

    , as continued drop in new orders led to a solid drop in output. The weak client demand that depressed... of change slightly elevated from August. Subdued demand and lower new orders led to the second monthly

    7%

  8. Draft 2023 budget sees growth cooling to 2.1 pct, primary surplus at 0.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    . Revenues beat the target by 5.5 billion euros, reaching 60.96 billion, led by taxes that are seen reaching..., mostly led by VAT. Income taxes will also outperform this year, up by 1.2 billion euros, thanks

    7%

  9. Newsletter 355 - 14/10/2022

    Newsletters

    Greek Solution, led by pro-Russia Kyriakos Velopoulos, has moved into double digits in some parts..., with annual movement in the index led by a 5.3 pct increase in electricity supply, followed by a 4.5 pct

    7%

  10. Import price growth accelerates to 32 pct, food imports indicate significant price rise
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    and food products increased by 17.5 and 15.8 percent respectively. The monthly movements were led... products and 2.4 percent rise in food products. In terms of industries, energy led the import price

    7%