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PMI edges down to 48.7 points in October as output declines at fastest rate since May
EconomyMacroeconomy. The rate of decline was the fastest since May. The decline was spearheaded by a fall in new orders..., and declined at the quickest rate for three months. Despite this, companies' output expectations..., cost burdens faced by goods producers rose at a solid rate in October. The pace of inflation
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Podcast - Greek elections: A marathon, not a sprint
AgoraGreece is holding general elections on Sunday, May 21. The vote lacks the drama of previous... find it on Spotify, Apple Podcasts. Google Podcasts and other platforms. Please subscribe, rate us.../ Greek PM says country has changed, seeks new mandate to speed up growth - https://www.reuters.com/world
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This is where Greek gov't could find cash to cover May's obligations
EconomyProgramme: a) Rollover of 1.4 billion 6-month T-Bills on May 6 with foreign investors holding a considerable... partners after that on February 20. Kathimerini reported on Sunday that the state has utilised so far... other gg bodies has also been utilised by this government and the previous one for repos
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Fitch takes no rating action, leaves outlook stable
Economyagency that has left Greece one notch below the investment grade, not granting an upgrade in the review in March and holding off from publishing a review a few weeks ago. Fitch says that Greece’s... debt, while high, has declined significantly since its 2020 peak of 207 pcr of GDP and is projected
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Greek train firm TRAINOSE attracts just one bid, no interest in rolling stock
Economyin 2005 as a subsidiary of the Greek railway company (OSE), which was founded in 1970 and is wholly owned
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Building activity declines at slower rate of 6.4 pct in Dec
EconomyMacroeconomyThe rate of decline in the number of building permits issued slowed to 6.4 percent in December from... rate is the eleventh negative reading in 2014. The only month that bucked the trend was May, when building permits rose by a modest 1.2 percent. Note though that the rate of drop in December
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Greek trade deficit drops by larger rate of 27.2 pct in Feb
EconomyMacroeconomyit dropped by the higher rate of 27.2 percent compared to 21 percent in January, according to the Hellenic Statistical Authority (ELSTAT). The February headline rate is the highest decline since August... percent. The rate of decrease in exports displayed a significant deceleration from the -12.8 percent
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Car sales resume double-digit growth rate in Oct with 15.2 pct rise
EconomyMacroeconomyAuthority (ELSTAT) data showed on Wednesday. The November growth rate represents the ninth positive reading... rate of 16.4 percent in November and 14.3 percent in the 11-month period. In absolute terms... period. In particular, the first negative rate in July was largely due to the imposition of capital
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Car sales increase by slower rate of 9.6 pct in Sept
EconomyMacroeconomyThe growth rate in the number of road motor vehicles (going into circulation for the first time... year to date. Passenger cars posted a slower growth rate of 6.1 percent in September broadly... reached 7,205 in September. The aggregate figures for the 9-month period point to a growth rate of 12.7
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Manufacturing remains in contraction at start of 2023, but at slowest rate since Oct
EconomyMacroeconomyto the reduced production requirements, firms cut employment further, though at a fractional rate... unchanged, contractions in new orders and foreign client demand remained. Encouragingly, however, the rate... the joint-slowest since February 2021, the rate of increase in charges was well above the series
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