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PMI drops to 42.3 points in November as second lockdown hits
EconomyMacroeconomysince August 2018. Despite this, firms continued to cut output charges in order to remain... upbeat since February amid hopes that output will expand over the coming year in light of improving... current forecast does not expect that total economic output will reach pre-pandemic levels until
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Productivity developments in the Greek public and private sector
Agoraof GDP relative to partner countries; how fast does government employment grow relative to output.... If Greece wants to restore output growth and per-capita growth, then accelerating employment in the public... such as: “General Government Output and Productivity 2001-2008,” wherein it assesses government productivity using
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PMI up to 58.6 pts in June on strongest rise in new orders for 21 years
EconomyMacroeconomynew export sales to their highest since February 2020. Nevertheless, output in June was affected.... This led output prices to rise at the highest since sales data collection began in November 2002... in the supply chain have somewhat moderated the expectations for output for the year ahead, however
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PMI grows in July, but supply chain issues and price pressure come to fore
EconomyMacroeconomyin output and new sales remain near historic highs, Markit notes. The latest data is the third.... Nevertheless, output in July was somewhat dampened by reports of supply chain disruptions due to reported... with an uncertain future for supply, weighed on output expectations for the year-ahead,” they added.
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Stock taking: Where is the Greek economy now?
Agoraproductivity by hiring people at a faster pace than they contribute to output (this happens... clientelistic actor, output market reforms do not get (fully) implemented (they rather lobby for tax cuts..., that the primary balance will amount to some 1 percent of GDP with a zero output gap (i.e.
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Impact of inflation already widespread, but data suggests worse to come
EconomyFeaturesthe input and output price indices for agriculture and livestock for September, with input prices up... feeding stuff and 7.5 pct in fertilisers. The output price index jumped by 15.9 pct year-on-year, with crop output up by 18.4 pct. Considering the lag in the official data schedule, the situation
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PMI remains in growth territory in Nov amid supply disruptions and inflation
EconomyMacroeconomythe expansion in output seen in the previous period and a steep upturn in new orders. The series..., with the expansion matching that of October. The rise in output was linked to higher client demand. Despite... markedly again. Output increased strongly, but growth was stymied by ongoing and substantial supply
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PMI growth slows in Feb amid myriad challenges for manufacturing sector
EconomyMacroeconomy. The latest data captured growth rates for output, new orders, and employment well above the long... and output prices increased at the fourth-highest pace on record. Out of all five PMI components, new... in output growth during February, as production rose at the sharpest pace for five months,” Markit analysts
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Manufacturing remains in contraction at start of 2023, but at slowest rate since Oct
EconomyMacroeconomyon output. New orders flow continues to fall, marking the eight-straight month as customer.... The sector remains upbeat on the output expectations, with confidence stemming from hopes of stronger client demand. “Greek manufacturers started 2023 on a muted note. Although output was broadly
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On monetary policy and inflation targeting
Agoralevel gap (not unlike restoring a large negative output gap in potential real GDP analysis). The issue... the optimism bias in political circles that notoriously overestimate potential output and potential output growth (the “adverse supply shock” is not an adverse supply shock but a normalization
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