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Fitch rating upgrade seals Greece re-establishing itself as investment grade material
EconomyThe 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...
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Lack of new orders and sharp drop in production lead to weak PMI in August
EconomyMacroeconomyperformance was also evident in August as supplier delivery times continued to lengthen, albeit at a slightly... highest pace over the past 1.5 year mainly led by a lack of raw materials, while stocks of purchases also
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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... as firms boosted efforts to stockpile raw materials and semi-finished items. Expectations of growth
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PMI softens to six-month low, but employment in manufacturing grows at record pace
EconomyMacroeconomyof finished goods fell at a solid pace as firms did not keep up in replenishing inventories. Supplier... materials, energy and soaring transport costs. The challenges did not impact the confidence of Greek
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Manufacturers facing headwinds as Nov PMI in contraction for fifth straight month
EconomyMacroeconomy, 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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Newsletter 37 - 31/07/2015
enterprises. The material consequences of this change are also considerable for bondholders. Senior.... On the production front, foreign suppliers are requesting cash advances for the whole amount, even from... difficulties in the handling and shipping of raw materials have resulted in a further deceleration
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Newsletter 340 - 03/06/2022
, and material costs, most notably in metals and plastics. Analysts from S&P Global, which releases... in East Germany and supplied to Greece in 1994. SYRIZA and PASOK-KINAL expressed concern about... is what suppliers are charging their clients for products, is breaking one record after the other, rising
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PMI falls to 46.9 pts in June in ten straight months of contraction
EconomyMacroeconomydisplayed an increase on the average purchase prices mostly reflecting higher raw material prices... rate over the past two years. At the same time a marked increase was evident in suppliers’ delivery... materials and semi-finished goods. The reduction of stock purchases was in line with lower requirements
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Small rise for Greek manufacturing PMI in November
EconomyMacroeconomyin a row on the back of higher raw material costs. Markit analysts described November as “another...-production inventories. Weakening demand for materials and semi-manufactured goods led to a decrease in the suppliers’ time to deliver purchased items for yet another month in November
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Income and living conditions survey shows persisting inequality
Societylight 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
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