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Newsletter 334 - 08/04/2022
to face the prospect of disruptions in the supply of Russian gas after supplier Gazprom demanded payment...) that presented a new baseline and adverse scenario that saw GDP growth dropping to 2.75 pct, from 3.6 pct... as spiralling prices for consumers and the difficulties caused to supplies by Russia’s invasion
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The year that Greece (nearly) saw it all
Agorathe eurozone many more. They saw SYRIZA come to power from virtually nowhere a few years earlier
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Newsletter 340 - 03/06/2022
released the latest HICP data, which saw the Greek number climb to 10.7 pct in May, from 9.1 pct..., and material costs, most notably in metals and plastics. Analysts from S&P Global, which releases... also saw a moderate recovery of 4 points to -51.3. The post-pandemic recovery has hit turbulence
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PMI at 54.4 points in Jan as employment growth hits all-time high
EconomyMacroeconomywas linked to supplier price hikes and increased freight charges. Factory-gate charges remained largely unchanged as firms tried to remain competitive. Firms saw an uptick in purchasing activity as firms boosted efforts to stockpile raw materials and semi-finished items. Expectations of growth
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Manufacturers facing headwinds as Nov PMI in contraction for fifth straight month
EconomyMacroeconomyalso saw the seventh straight decline in purchasing activity due to lower demand and reduced need..., reports of lower prices for some inputs and easing supplier disruption could lead to softer rates... of inflation was historically high due to further hikes in energy and raw materials. In an effort
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PMI grows for eighth month despite supply chain, inflation challenges
EconomyMacroeconomylevels despite the material shortages. The inputs inflation increased at a new series high as material shortages led to supplier surcharges. Rising costs were noted in plastic, metal, oil and wood... a common theme. Material scarcity will almost certainly threaten manufacturing output growth
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BoG reveals figures for repatriation and banknotes returning to banking system
EconomyBankingperiod from the third quarter (Q3) of 2012 until Q3 2014 when there was not any material... of 305 million was almost double that of corporates, while in the July 2015 – December 2016 period
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Greece hopes beaches won't be empty again this summer, but vaccination numbers say otherwise
Agoraof purchasing vaccines from suppliers outside the EU purchasing scheme such as Sinopharm and Sputnik... the procurement process for medical supplies, which has yielded some instances of overpricing and monopolistic... deliver a total 28.3 million doses from all approved suppliers. The numbers published in the national
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Greek households switch to natural gas in record numbers as winter approaches
EconomyFeaturesgas are estimated at 40 percent. This year also saw the relaxation of the rules governing new... introduced by the local gas supplier, are thought to have accounted for an additional 10,000... consumers will be able to choose their gas supplier. In anticipation of this new opening
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PMI stable in March as war starts affecting business and confidence
EconomyMacroeconomysupplier lead times caused by the Middle East war-related logistics disruptions. However, PMI was weighed... as oil, energy, and raw material prices increased, pushing operating expenses up at the fastest... inflation reaching a near three-and-a-half-year high. Despite the sharpest lengthening of supplier
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