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Newsletter 394 - 22/09/2023
The output index of agriculture prices recorded another solid increase of 28.7 pct, while the input prices index contracted by 3.1 pct. Crop output prices were up by 31.5 pct in July, while animal output
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Weak demand and adverse weather reflected in Sep PMI, barely in expansion territory
EconomyMacroeconomyconditions led firms to the softest increased in output, while firms also responded that the floods... in output in the last eight months. September’s workforce additions were also the weakest since... the start of the year, driving a softer upturn in output”, said S&P analysts. They added that "subdued
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A closer look at Greece's Q3 2023 national accounts
Agoraoutput per worker (all employment categories included), or how efficient each worker is over time... productivity growth rates into the future. High rates would help, because they boost potential output...? In 2023 (Q1-Q3) the average real output per worker in Greece was €46,000 (ref 2015). For the Euro(20
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Manufacturing grows strongly in Jan, sentiment reaches pre-Covid levels
EconomyMacroeconomy, as output prices rose at a solid pace, sharper than the series trend, despite the softening rate of inflation. Greek manufacturers registered a stronger degree of confidence in the output outlook over... started 2024 on solid footing, as output and new orders grew at faster rates. The sales environment
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PMI unchanged in May as signs of tariff effects, weak EU demand start to show
EconomyMacroeconomyincreasing at the fastest pace since January 2022. Most additions were permanent staff. Despite output... and was the softest in 15 months. As a result, output charge inflation also moderated, with selling... manufacturing firms signalled a further solid improvement in May. Output growth quickened, as domestic demand
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PMI drops marginally in Nov amid declining export orders and rising input costs
EconomyMacroeconomydemand, output increased moderately, remaining above the long-run trend. Higher production needs.... The resulting rate of charge inflation was the weakest in the 27-month sequence of rising output prices. Output expectations remained positive, though confidence dipped from October. Optimism stayed
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Manufacturing continues to expand in Dec as PMI sees minor rise
EconomyMacroeconomyby stronger demand from European customers. Manufacturing output continued to expand in December, supported... creation eased slightly from November, it remained the second-fastest since May. Manufacturers’ output... transportation, placing pressure on capacity and weighing on efforts to expand output levels
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PMI starts 2026 strongly, despite cost and supply chain pressures
EconomyMacroeconomyin production levels for five months. Higher output reflected improved customer confidence and a notable... on these higher costs, leading to a faster increase in selling prices. The rise in output charges... in output and new orders quickened, while job creation and input buying were sustained. A stronger outlook
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PMI stable at 54.4 in Feb despite declining export orders and cost pressures
EconomyMacroeconomyalso increased, the pace of output price inflation eased slightly, even as it remained above the long.... “Greek manufacturers indicated a stronger upturn in February, as rates of growth in output and new orders... since March 2025. Output charge inflation cooled, however, as firms sought to balance competitive
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PMI stable in March as war starts affecting business and confidence
EconomyMacroeconomydown as growth in output, new orders, employment, and stocks of purchases all slowed. Production... rate since June 2022. Strong demand allowed manufacturers to raise selling prices, with output charge... in the face of growing headwinds during March, as output and new orders continued to expand despite
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