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  1. Newsletter 357 - 04/11/2022

    Newsletters

    that, contrary to recent reports, Intellexa – the Greek vendor of the Predator malware – has not left Athens... higher transport costs and rises in raw materials as factors that force them to pass through costs... attribute inflation to materials, transportation, fuel and energy prices. Employment is also affected

    38%
  2. Lack of new orders and sharp drop in production lead to weak PMI in August

    EconomyMacroeconomy

    driven by lack of production and decline in new orders. A further deterioration in vendor... highest pace over the past 1.5 year mainly led by a lack of raw materials, while stocks of purchases also

    37%
  3. Manufacturing remains in expansion in May amid client demand concerns
    Photo via https://flic.kr/p/wkYEUW

    EconomyMacroeconomy

    deterioration in vendor performance was observed due to shortage of materials. Operating expenses

    37%
  4. Manufacturing makes fastest improvement for two years in March as PMI reaches 56.9 pts
    Photo via https://flic.kr/p/uwuVeE

    EconomyMacroeconomy

    an issue with vendor performance declining at historically sharp rates due to the re-routing of shipments away from the Suez Canal. This pushed the price of imported materials at a faster pace

    37%
  5. May PMI still in expansion as firms report supply chain and cost issues
    Photo via https://flic.kr/p/vFAyry

    EconomyMacroeconomy

    , as vendor performance further deteriorated. The key factors for the delays were issues with routes through the Red Sea and domestic traffic problems. Challenges in supply routes and sourcing of materials

    37%
  6. Rate of Material Deprivation by Age Group, percent
    No image available

    Charts

    33%
  7. Fitch rating upgrade seals Greece re-establishing itself as investment grade material
    Photo by MacroPolis

    Economy

    The annual credit review cycle for Greece was concluded on Friday with Fitch becoming the latest rating agency to award Greece an investment grade, upping the country’s rating to ‘BBB-‘, while keeping the outlook stable. This brings Fitch in line with S...

    33%
  8. Income and living conditions survey shows persisting inequality
    Photo by Harry van Versendaal

    Society

    light on the economic conditions experienced by Greeks in the reference year 2016, including material deprivation, income inequality and risk of poverty. The data released showed that material deprivation stands at 21.1 percent, with reference data from 2016. According to the findings, material

    26%
  9. Social impact of crisis seen easing in 2018, but 31.8 pct still at risk of poverty/exclusion
    Photo by MacroPolis

    Society

    2012 and 2016, the rate of material deprivation began to decline in 2017. However, as with the risk-of-poverty rate, it remains high overall. Material deprivation across the whole population stood... of material deprivation was found to be those aged 17 and under, where the rate stood at 18.6 percent

    23%
  10. Over one in five Greeks struggled to make ends meet in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    deprived and were unable to make ends meet in 2017. Severe material deprivation is defined as being..., the highest since the survey’s records begin in 2003. The data set shows that severe material... with the lowest material deprivation rate was 2009 at 11 percent, shortly before Greece signed up to its first

    21%